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CombinatoRx and Angiotech to collaborate

The parties anticipate the collaboration will initially focus on vascular, orthopedic and general surgery indications. Under the terms of the agreement, Angiotech will make an upfront license execution

FDA to review CollaGenex rosacea treatment

Approximately 13.6 million adults in the US suffer from rosacea. It affects primarily the face and is characterized by the appearance of inflammatory lesions. The NDA submission was

Lannett receives approval for Danazol

Danazol is a generic version of Danocrine marketed by Sanofi-Aventis. It represses a sex hormone called gonadotropin, and is indicated for the treatment of uterine tissue growing outside

pSivida to acquire Control Delivery Systems

pSivida said that the acquisition would be funded through the issue of approximately 16 million pSivida shares to Control Delivery Systems stockholders, representing approximately 40% of the combined

FDA approves trial of Forbes Medi-Tech cholesterol drug

FM-VP4 is a cholesterol absorption inhibitor, a new class in cholesterol-lowering drugs. FM-VP4 has demonstrated significant cholesterol-lowering and anti-atherosclerotic properties in pre-clinical studies. The cardiovascular market represents a

Boots and UniChem form pharmacy alliance

Boots investors will own 50.2% of the new company, which will be called Alliance Boots, and shareholders of Alliance UniChem will hold the rest. Under terms of their