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MultiCell fulfills license fee for MS drug

The payment was completed pursuant to the terms of the amended license agreement with Amarin Neuroscience. MultiCell estimates MCT-125 could generate up to $3 billion in cumulative worldwide

Study explains how NSAIDs halt cancer growth

The study was led by researchers at Beth Israel Deaconess Medical Center (BIDMC), in collaboration with scientists at Columbia University Medical Center. In cases of chronic inflammation, certain

FDA authorizes GSK, Biovail generic drug

“This approval is another example of our agency’s efforts to increase access to safe and effective generic alternatives as soon as the law permits,” said Gary Buehler, director,

Epix to file appeal over Vasovist

This appeal is in response to the Office of New Drugs denial in August 2006 of Epix’s appeal of two approvable letters. The decision to appeal was made

Data supports AstraZeneca breast cancer drug

A study revealed that particpants who received Arimidex and Herceptin in combination demonstrated an extended median progression-free survival of 4.8 months, representing an extension of 2.4 months over

Court denies injunction against Pfizer

The preliminary injunction was requested by Novo Nordisk as part of a patent infringement case that will be heard by the same court. Novo Nordisk had sued Pfizer

Adolor disbands sales force, cuts jobs

Following the redundancies, Adolor’s headcount will stand at 128, down from 180. The company expects to take a one time charge of approximately $2-3 million in the fourth

Forest to purchase Cerexa in $480 million deal

As a result of the acquisition, Forest will obtain development and marketing rights worldwide excluding Japan for two antibiotics, Ceftaroline and ME1036. Ceftaroline will enter phase III trials