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Novartis blood pressure drug approved in US

The Food and Drug Administration issued the approval for Tekturna as the first in a new class of drugs called direct renin inhibitors. A once-daily oral therapy, Tekturna

InterMune discontinues lung disease drug trial

Although an independent data monitoring committee found that among the 826 patients, there was not a statistically significant difference between treatment groups in overall mortality. The phase III

Judge upholds Vioxx verdict

Kathleen Hermans Messerschmidt, who filed suit on behalf of her brother, Brian Hermans, will not be able to continue the case against Merck into the second phase of

Lilly acquires Hypnion

The transaction has received approval from Hypnion stockholders and is expected to close near the end of the first quarter of 2007, subject to regulatory clearance. Financial terms

Memory Pharmaceuticals drug fails study

The phase IIa trial evaluated the safety and efficacy of MEM 1003 for the treatment of acute mania in bipolar disorder. The primary outcome measure was at least