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Biovail forced to delay launch of pain drug

Biovail’s original application for an extended-release, once-daily formulation of tramadol hydrochloride, intended for the treatment of moderate and moderately severe pain, was submitted in December 2003. Additional clinical

Aeras and SSI sign TB vaccine deal

Aeras, a US non-profit organization and Statens Serum Institut (SSI), a company owned by the Danish government, will form a joint product development team and Aeras will provide

Corautus up on favorable trial review

As a result of its scheduled interim safety analysis, the independent data monitoring committee (DMC) recommended the continuation of the clinical trial, named GENASIS, which is designed to

Maxygen boosted by Roche milestone

The collaboration aims to develop improved interferon alpha protein therapeutics to treat hepatitis C virus (HCV) and hepatitis B virus (HBV) infections. Maxygen and Roche are currently completing

Daiichi and Cyntellect partner for drug discovery

Under the collaboration, Daiichi will utilize Cyntellect’s high-throughput cell imaging and laser-based cell manipulation technology, LEAP, for novel drug discovery. Cyntellect will design, configure and run LEAP cell-based

La Jolla to axe 40% of workforce

The job cuts are part of a restructuring plan the company is implementing in order to reduce its costs. Around 60 jobs will be axed, leaving a workforce

NicOx gets second Pfizer payment

The agreement, which was signed in August last year, granted Pfizer an option to acquire an exclusive worldwide license, covering proprietary NicOx nitric oxide-donating compounds. The compounds are