News

Genetic variants affect cognition

Country
Belgium

A group of international researchers has described how abnormalities in the human genome affect cognition, explaining why some people develop neurological diseases such as schizophrenia and autism, and others do not. The findings were reported online in the journal Nature on 18 December.

Agreement on EU Clinical Trials Regulation

Country
Belgium

Europe’s political leaders have reached an agreement on a new set of rules for conducting clinical trials in the EU. A key feature of the new legislation will be the introduction of a single authorisation procedure for all trials instead of multiple procedures at present.

EMA recommends new tuberculosis drug

Country
United Kingdom

The European Medicines Agency is recommending that Sirturo (bedaquiline) be granted a conditional market authorisation for pulmonary multidrug-resistant tuberculosis as part of a combination therapy. The new drug has been developed by Janssen Therapeutics.

AZ to take full control of diabetes assets

Country
United Kingdom

AstraZeneca Plc is to take full control of a portfolio of diabetes assets being managed jointly with Bristol-Myers Squibb (BMS) in order to strengthen its position in the market. The upfront payment to BMS is $2.7 billion with potential milestones of $1.4 billion.

Bayer in agreed takeover bid for Algeta

Country
Norway

The board of Algeta ASA is recommending that shareholders agree to a takeover offer from Bayer that values the company at NOK 362 ($58.7 per share) for a total of $2.9 billion. Bayer is Algeta’s partner for Xofigo, a recently approved radiopharmaceutical.

FDA approves Anoro Ellipta for COPD

Country
United States

The US Food and Drug Administration has approved Anoro Ellipta, a new medicine for chronic obstructive pulmonary disease (COPD) developed by GlaxoSmithKline Plc. It is the second COPD medicine from GSK to receive US approval this year.

GSK to eliminate sales targets

Country
United Kingdom

GlaxoSmithKline Plc has become the first Big Pharma company to eliminate individual targets for its sales executives, an incentive that critics say has distorted prescribing. It has also started a process to stop direct payments to doctors to attend medical conferences.

Phase 3 antibiotic study positive - Cubist

Country
United States

Cubist Pharmaceuticals Inc said that top-line results from a Phase 3 trial of its antibiotic candidate ceftolozane/tazobactam in complicated intra-abdominal infections met its primary endpoint of statistical non-inferiority compared with meropenem.

AmpliPhi Biosciences to raise $18 mln in share placement

Country
United Kingdom

AmpliPhi BioSciences Corp, which is developing new antibacterial therapies, has reached an agreement with funders to raise $18 million in a private share placement to support development of therapies that target Gram-negative bacterial infections.

FDA tightens oversight of antibiotics in animals

Country
United States

The US Food and Drug Administration is tightening the oversight of antibiotics for the treatment of diseases in animals, and is calling on animal pharmaceutical companies to voluntarily stop their use as growth enhancers.