A blog about chemistry, drug development, science, and technology
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Here are a few of the important articles from the last couple of weeks.
Glaxo set to axe staff as crisis hits drug - Telegraph
Generic Biotech Drugs Won’t Be in U.S. Legislation Bloomberg.com: News
The Scientist : New patent rules hurt biotech?
Chemical & Engineering News: Government & Policy - Patent Reform Inches Ahead
AstraZeneca to outsource manufacturing - Times Online
AstraZeneca To Outsource Drug Manufacturing - Contract Pharma
StockHouse.com : Encysive Pharmaceuticals Receives Written Response From FDA On
Cephalon warns over pain drug deaths| Reuters
PharmaLive: Adverse Drug Events Reported to FDA Appear to Have Increased Markedly
Sanofi-Aventis Developing New Drugs: Financial News - Yahoo!
Finance
House Passes Bill to Improve Drug Safety: Financial News - Yahoo!
Finance
Senate OKs FDA drug safety bill - washingtonpost.com
Many drugs slip through regulatory ‘black hole’ - CNN.com
Bristol-Myers to buy partner Adnexus for $430 million”>SignOnSanDiego.com >
Warning issued on Cephalon painkiller | Philadelphia Inquirer | 09/27/2007
My overall observations is that there are many factors influencing the pharma industry today and these are not likely to less anytime in the near future. It would be nice to see more positive articles but those seem to be hard to come by in the current environment.
Technorati Tags: Adnexus, AstraZeneca, Bristol-Myers Squibb, Cephalon, Encysive, FDA, Glaxo, GlaxoSmithKline, Sanofi-Aventis
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Looks like PDL Biophrma after going through some tough times and laying-off people is finally up for sale. Here are just some of the articles recently.
PDL to lay off 250, sell four drugs, shift focus - San Francisco Business Times
PDL BioPharma up for sale - Examiner.com
San Jose Mercury News - PDL for sale; CEO quits
San Jose Mercury News - PDL BioPharma’s investors urge company’s sale, executive ousters
This is case from my perspective of poor management which went on for quite a while until finally the major investors forced the ouster of the top two officers. Now it seems that the company’s only real option is to put themselves up for sale.
This will be interesting to watch and I’m not sure how it will shake out. The latest rumors are that Roche may be interested in PDL, but they have refused to comment.
Roche declines comment on PDL BioPharma deal rumours, analysts see …
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Technorati Tags: PDL Biopharma
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I must apologize for not posting more but I have been extremely busy with work and have some personal family issues to deal with. I’m hoping to get back into regularly posting on a daily basis later this month but for the next two weeks it will be hit and miss due to an extensive travel schedule.
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