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Hana halts nausea drug development

The decision came after the company’s investigation of a previously reported precipitation issue. As a result, Hana has chosen to withdraw a new drug application previously submitted to

FDA requests additional UCB drug data

The FDA did not raise any concerns about the safety of Cimzia or any issues concerning chemistry, manufacturing and controls but asked for an extra study because of

EU recommends GSK skin ointment

The approved indication is specifically for the short term treatment of impetigo and infected small lacerations, abrasions or sutured wounds. The active substance of Altargo is retapamulin, a

Merck licenses antibiotic from Cubist

Merck will develop and commercialize Cubicin through its wholly-owned subsidiary, Banyu Pharmaceutical. In exchange for development and commercialization rights in Japan, Merck will pay Cubist $6 million cash

Spectrum reports success in prostate cancer drug trial

The SPARC trial is evaluating satraplatin plus prednisone versus placebo plus prednisone in 950 patients with hormone-refractory prostate cancer who have failed prior chemotherapy. “If approved, satraplatin will

Eisai to acquire Morphotek

Upon completion of the transaction, which is expected to close sometime during Eisai’s first fiscal quarter of 2007, Morphotek will become part of Eisai’s growing global discovery and

CVS, Caremark merger complete

The combined company, renamed CVS/Caremark Corporation, unifies the top US pharmacy chain with a leading pharmaceutical services company. The combined company will trade on the New York Stock