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October 4, 2007

Review of Important Items from Sept 17-30

by @ 8:00 am.  Filed under FDA, Pharma News, Pharma

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.

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    October 3, 2007

    PDL up for sale

    by @ 12:20 pm.  Filed under Pharma News, Pharma

    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 …

    Other Resources

    News
    Yahoo! News Search Results for pdl biopharma
    pdl biopharma - Google News

    Blogs
    Google Blog Search: pdl biopharma
    Clusty Blogs » pdl biopharma
    pdl - IceRocket Blog Search
    pdl biopharma: Blogs, Photos, Videos and more on Technorati

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    Reasons for not postings recently

    by @ 12:09 pm.  Filed under Uncategorized

    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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