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LLS, Forma Join To Develop Anti-cancer Therapies

Leukemia & Lymphoma Society (LLS) and Forma Therapeutics have entered into a partnership to discover and develop novel therapies for cancer patients with diffuse large B cell lymphoma. The companies aim to develop small molecule compounds against the key lymphoma target, Bcl-6.

Published: 15-Mar-2010

Manhattan Pharma Merges With Ariston Pharma

Manhattan Pharmaceuticals (Manhattan) has entered into a definitive agreement and plan of merger and completed the merger transaction with Ariston Pharmaceuticals. As a result of the merger, Ariston became a wholly-owned subsidiary of Manhattan.

Published: 15-Mar-2010

Achillion Pharma Q4 Net Loss Shrinks

Achillion Pharma has reported a net loss of $6.7m for the fourth quarter ended December 31, 2009, or $0.25 per diluted share, compared to $8.69m, or $0.33 per diluted share, for the comparable period in 2008.

Published: 15-Mar-2010

Rexahn Pharma Gets Japanese Patent For Archexin

Rexahn Pharma has been issued a Japanese patent for its anti-cancer compound Archexin, which is currently undergoing Phase II clinical trial for the treatment of pancreatic cancer.

Published: 12-Mar-2010

Caraco Pharma Launches Oxaliplatin Injections

Caraco Pharmaceutical Laboratories, a subsidiary of Sun Pharma and a developer and distributer of generic pharmaceuticals, has launched 50mg and 100mg oxaliplatin injections for the treatment of colon and rectal cancers.

Published: 11-Mar-2010

Dainippon Sumitomo Pharma America Gets FDA Nod For Lurasidone

Dainippon Sumitomo Pharma America, a US subsidiary of Dainippon Sumitomo Pharma (DSP), has reported that the FDA has accepted for review the lurasidone new drug application (NDA) for the treatment of patients with acute schizophrenia.

Published: 11-Mar-2010

Salix Pharma Q4 Net Loss Narrows

Salix Pharma has reported a net loss of $7.02m, or $0.13 per diluted share, for the fourth quarter ended December 31, 2009, compared to $11.07m, or $0.23 per diluted share, for the comparable period in 2008.

Published: 10-Mar-2010

Abbott To Acquire Facet Biotech

Abbott has agreed to acquire Facet Biotech for $27 per share in cash for a net transaction value of approximately $450m to enhance its early- and mid-stage pharmaceutical pipeline.

Published: 10-Mar-2010

Nordlund Centre For Biomedical Structural Biology Purchases Maybridge Ro3 500 Fragment Library

Maybridge, a part of Thermo Fisher Scientific, has said that the Nordlund Centre for Biomedical Structural Biology (Nordlund) at Nanyang Technological University in Singapore has purchased its Ro3 500 Fragment Library.

Published: 10-Mar-2010

Sanofi-aventis To Combine Merial With Merck Intervet/Schering-Plough

Sanofi-aventis has exercised its option to combine Merial with Merck’s animal health business Intervet/Schering-Plough to create a global player in animal health. The new joint venture would be equally-owned by Merck and sanofi-aventis.

Published: 09-Mar-2010

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