News

BTG gives business update

Country
United Kingdom

The specialist UK healthcare company, BTG Plc, has reported progress in the development and commercialisation of its own and partnered programmes, including recent UK approval of its antidote for digoxin overdose.

Diversified portfolio boosts Novartis at Q2

Country
Switzerland

Novartis’s diversified healthcare portfolio underpinned group sales and profit in the 2011 second quarter with significant contributions made by sales of generic medicines, consumer health products and recently-acquired Alcon Inc.

Pfizer withdraws application for Macugen indication

Country
United States

Pfizer Ltd has withdrawn an application from the European Medicines Agency to extend the indication of its eye medicine, Macugen (pegaptanib sodium) to include the treatment of visual impairment due to diabetic macular oedema, the EMA said.

Roche buys diagnostics company

Country
Switzerland

The Roche group has agreed to pay €130 million upfront to acquire 100% of a Heidelberg-based company which is developing in vitro diagnostics for the early detection and diagnosis of cervical cancer. The company is Mtm Laboratories AG.

Convergence starts study of drug for pain

Country
United Kingdom

A recently created spin-out of GlaxoSmithKline Plc has started a Phase 2 study of a new small-molecule treatment for pain that acts against a sodium channel known as Nav1.7. The company is Convergence Pharmaceuticals Ltd.

New indication for Lialda approved in US

Country
United States

The US Food and Drug Administration has approved a new indication for the ulcerative colitis drug, Lialda (mesalamine), for the maintenance of remission in patients with the disease, according to the drug’s sponsor, Shire Plc.

Roche says combination therapy met primary endpoint

Country
Switzerland

A combination therapy of pertuzumab, trastuzumab and docetaxel for women with HER2-positive metastatic breast cancer has met its primary endpoint of progression-free survival in a Phase 3 study, according to the trial’s sponsor, Roche.

Evolva reports on drug for diabetic complications

Country
Switzerland

Evolva Holding SA has successfully completed a Phase 1 study of a new small molecule compound that is being positioned to treat people with diabetes at risk of vascular or renal complications. The study involved 32 volunteers.

Wilex looks ahead to clinical milestones

Country
Germany

After a period active deal-making, Wilex AG is positioning itself for some key milestones in the coming months including the reporting of an interim analysis of a Phase 3 trial of Rencarex (girentuximab), its therapy for renal cell cancer.