BioMarin shares spike ahead of cancer drug review at ASCO; Biogen Idec names Artavanis-Tsakonas as CSO; Spinoff biotech nabs $15M;

 @FierceBiotech: Feature: Top 10 Biotech CEO Pay Packages of 2012. Special Report | Follow @FierceBiotech

 @JohnCFierce: A "rational" market finally develops an appetite for biotech IPOs. Story | Follow @JohnCFierce

 @RyanMFierce: Cash-strapped biotech Seaside Tx fails PhIII test for pioneering Fragile X drug. More | Follow @RyanMFierce

> BioMarin ($BMRN) shares surged yesterday as analysts whetted investors' appetite for its upcoming review of its PARP inhibitor BMN-673 at ASCO. Story

> Biogen Idec ($BIIB) formally named Spyros Artavanis-Tsakonas as the company's chief scientific officer. Dr. Artavanis-Tsakonas had served as interim CSO while on sabbatical from Harvard Medical School. Release

> Shares of Oncolytics Biotech ($ONCY) jumped on positive preliminary data for its mid-stage melanoma trial of Reolysin. Story

> Burlingame, CA-based Apexigen, a spinoff of Epitomics, has raised $15 million, according to a filing with the SEC. MedCity News reports that the biotech is using monoclonal antibody tech to discover new cancer drugs. Story

> Celgene ($CELG) says the FDA is approving priority review status for its sNDA on Abraxane for pancreatic cancer. Release

Medical Device News

 @FierceMedDev: Stryker, OrthoSensor renew knee replacement co-marketing agreement. More | Follow @FierceMedDev

 @MarkHFierce: 2013 nominations for the FMD Fierce 15 have begun. More | Follow @MarkHFierce

 @DamianFierce: The year is young, but med tech companies are already slashing thousands of jobs. Here's a look at the deepest cuts. Report | Follow @DamianFierce

> Eli Lilly, Corgenix ink cancer drug companion Dx deal. Article

> Boston Scientific's strong results fuel hope for renal denervation success. Story

Pharma News

 @FiercePharma: Forest Labs' Howard Solomon to retire from CEO job after 37 years up top, the last few rather stormy. More | Follow @FiercePharma

 @EricPFierce: GlaxoSmithKline says Aussie strong dollar, wages lead to 120 job cuts at packing plant in Australia. Article | Follow @EricPFierce

> Merck, Lilly, Pfizer share top billing in $1B doc-payments list. Story

> Forest Labs CEO to step aside at year's end after decades at the helm. News

> Daiichi accuses Ranbaxy shareholders of hiding info before buyout. Article

Pharma Manufacturing News

> J&J consumer healthcare faces more issues, this time in Brazil. Item

> Glaxo packs up a tablet packaging line in Australia. More

> FDA cites Boehringer Ingelheim plant in Germany. Article

> Malaysia's Pharmaniaga slates drug plant in Saudi Arabia. Story

Vaccines News

> Sanofi edges closer to universal flu vaccine. More

> Pfizer points to pandemic potential of Prevnar 13. Item

> Inertia at Pakistan's NIH threatening vaccine programs. Article

> Old whooping cough vax linked with better protection. Story

> Analyst taps Bristol, Roche cancer immunotherapies for explosive growth. News

And Finally… A lethal, SARS-like coronavirus has killed another person in Saudi Arabia, bringing the death toll to 17. Story

 

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