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XTL stops drug development after study results

The trial evaluated the safety, tolerability and antiviral activity of single and multiple doses of the drug, XTL-2125, with 56 patients. Although XTL-2125 was generally well tolerated, the

BioMS enrolls first patients in MS study

The randomized, double-blind study is enrolling approximately 510 secondary progressive MS patients at approximately 60 sites across the US who will be administered either the peptide, MBP8298, or

Enzo acquires Axxora for $16.3 million

The $16.3 million acquisition will expand Enzo’s life sciences product development, production and marketing capabilities, the company said. Axxora will become a wholly-owned subsidiary of New York-based Enzo.

Inovio halts enrollment in cancer trial

The trial, studying the company’s selective electrochemical tumor ablation (SECTA) treatment has been halted on the advice of the independent data monitoring committee (DMC). The committee expressed concern

APT and Novartis enter licensing agreement

Cyclosporine, marketed as Neoral, is an immunosuppressant developed by Novartis for the prevention of organ rejection following kidney, liver or heart transplantation. In late 2004, Chiron Corporation (now

Valeant sells manufacturing facilities to Legacy

Terms of the transaction were not disclosed. Additionally, the sale includes the divestiture of the California-based company’s product Reptilase. Timothy Tyson, Valeant’s president and CEO, said: “The sale

Eurand to receive $1 million milestone from GSK

GSK has started a registration bioequivalence study for the new formulation – an orally disintegrating tablet formulation of an undisclosed compound – triggering the payment. “We are delighted