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NICE recommends against Orencia on NHS

The National Institute for Clinical Excellence and Health, or NICE, said in the draft recommendation that Biogen Idec’s MabThera (rituximab) had very similar outcomes to Orencia (abatacept) at

Barr president and COO resigns

The company said that while it regrets Bisaro’s decision to leave, it is confident that the departure will not have a negative effect on US or international operations

Nuvelo axes one-third of workforce

As a result of the reduction in workforce, effective August 3, 2007, the company expects to have less than 80 employees, a reduction of 45% from year end

J&J to axe 4% of global workforce

Johnson & Johnson (J&J) has revealed initiatives that are expected to generate pre-tax, annual cost savings of between $1.3 and $1.6 billion for 2008, in an effort to

Merck ends research agreement with MethylGene

Termination of the agreement will be effective 90 days from August 22, 2007. As a result, MethylGene will regain exclusive rights to its beta-lactamase inhibitor program to overcome

MedImmune begins asthma drug trial

The placebo-controlled, dose-escalation study is designed to evaluate the safety and tolerability of multiple doses of the antibody. This trial is the second phase IIa study currently underway