The US Food and Drug Administration has announced the approval of Victrelis (boceprevir) to treat certain adults with chronic hepatitis C. It has been authorised for use in combination with peginterferon alfa and ribavirin.
Researchers from the Schepens Eye Research Institute in the US have reported regenerating retinal tissue in mice using induced pluripotent stem cells derived from mouse skin. The institute is an affiliate of the Harvard Medical School.
The Roche group has made regulatory submissions in the US and Europe for vemurafenib, a new drug to treat metastatic melanoma, together with a diagnostic test that would identify people with tumours carrying a specific genetic mutation.
Evotec AG reported a 54% increase in its first 2011 quarter revenues to €15.1 million as its discovery alliances continued to generate increased income. Its operating loss for the quarter narrowed to €800,000 from €1.5 million a year earlier.
Takeda Ventures Inc, the corporate venture arm of Takeda Pharmaceutical Company, is the latest venture fund to invest in Fate Therapeutics Inc which is developing compounds that modulate stem-cell pathways. Financial details were not disclosed.
4SC AG ended the 2011 first quarter with an operating loss of €4.8 million and cash and equivalents of €5.5 million. The German small-molecule developer said it is expecting final Phase 2 data this year from three important studies.
Dendreon Corporation is seeking authorisation to open manufacturing sites at two new locations in the US for its prostate cancer vaccine, Provenge (sipuleucel-T), to meet demand for the treatment, David Urdal, CSO, told a London conference.
Sanofi Pasteur has announced US Food and Drug Administration approval of a new formulation of its Fluzone Intradermal vaccine that uses a microinjection system for intradermal delivery. Delivery is via a 90% shorter needle.
The US Food and Drug Administration has announced the approval of the first test for Staphylococcus aureus (S. aureus) infections that can quickly identify whether the bacteria are methicillin resistant (MRSA) or methicillin susceptible (MSSA).
Elan Corporation Plc said that its drug formulation and manufacturing business, Elan Drug Technologies (EDT), is to merge with Alkermes Inc to create a new company with a portfolio of 25 marketed products and annual revenue of $450 million.