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Acambis makes management changes, axes jobs

It is intended that the headcount will be reduced from 260 by approximately 15% during this year across the organization. Acambis has appointed a new chief executive officer

NeuroSearch says testing of ADHD drug starts

The clinical phase II study is a dose-ranging trial to evaluate the efficacy of ABT-894 in attention deficit-hyperactivity disorder (ADHD) patients. The first patients have been enrolled and

Wyeth, Progenics begin testing new drug

Preliminary results from the phase II trial, conducted by Wyeth, showed that the initial formulation of oral methylnaltrexone was generally well tolerated but did not exhibit sufficient clinical

CV heart therapy disappoints in trial

Despite its failure to provide effectiveness for acute coronary syndrome (ACS), CV said there was no adverse trend in death or arrhythmias in patients on Ranexa. The company

Avalon partners Merck in $200 million deal

Avalon will use its AvalonRx platform to screen a select set of compounds from Merck's proprietary compound library and identify hits against this target. It has not been