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Iridex settles litigation for $6.5 million

The first litigation suit concerned the Iridex proprietary laser probe connector technology. The second suit involved the Synergetics directional laser probe technology and the Iridex patent pending application

EpiCept will test pain drug in two trials

EpiCept is testing its NP-1 drug for use in two different indications and believes it has the largest market potential of any of its pain product candidates. EpiCept

Inhibitex agrees to FermaVir merger

As part of the merger agreement Inhibitex will gain two antiviral development programs to enhance its anti-infective drug development capabilities, including FV-100, for the treatment of shingles and

FDA approves Cangene hepatitis B product

Patients who undergo hepatitis B-related liver transplantation require long-term post-transplant therapy with hepatitis B immune globulin. Clinical trial data showed HepaGam B was highly effective at preventing hepatitis

Biosite disregards Inverness buyout offer

The proposal was delivered to medical diagnostics company Biosite on April 4th. Biosite has already agreed to a merger buyout with Beckman Coulter, a California company that designs,

Threshold begins sarcoma drug trial

Soft tissue sarcoma includes cancers of cartilage, fat, muscle, blood vessels, or other connective or supportive tissue. “The treatment of advanced, soft tissue sarcoma remains a major unmet

Tibotec, Aspen will provide AIDS drug to Africa

Tibotec said it selected Aspen because of its extensive African distribution network. Aspen and Tibotec will share the responsibility for ensuring prompt and affordable access to patients in

Wyeth says FDA finishes plant inspection

Wyeth received an FDA warning letter in May 2006 that raised several specific concerns about manufacturing at the facility. Based on the nature of the inspection observations issued