Bayer donates €250,000 for patients with hemophilia
In celebration of World Hemophilia Day on April 17th, Bayer HealthCare donates €250,000 to the World Federation of Hemophilia (WFH) and more than 950,000 international units of Kogenate® FS (Antihemophilic Factor [Recombinant]).
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Grindeks JSC is opening new representative office in Uzbekistan
Grindeks JSC is expanding its activities in the former soviet republics members of Commonwealth of Independent States by opening new representative office in Uzbekistan. The new representative office will have been cooperating with medicines administrating state authorities, Uzbekistan's companies engaged in pharmaceutical and medicinal products wholesale and retail business, as well as providing drug registration processes and medicaments marketing.
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Pfizer Reports First-Quarter 2008 Results
Pfizer Inc (NYSE: PFE) reported results for the first-quarter 2008. The Company recorded revenues of $11.8 billion, a decrease of 5% compared with $12.5 billion in the year-ago quarter, primarily due to the March 2007 loss of U.S. exclusivity of Norvasc as well as the January 2008 loss of U.S. exclusivity of Zyrtec, which Pfizer ceased selling in late January 2008. In the first-quarter 2008, Norvasc and Zyrtec revenues decreased by $556 million and $344 million, respectively, compared with the prior-year quarter.
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Abbott Reports Double-Digit Sales and Earnings Growth in First Quarter
Abbott (NYSE: ABT) announced financial results for the first quarter ended March 31, 2008.
Diluted earnings per share, excluding specified items, were $0.63, reflecting 14.5 percent growth, at the upper end of Abbott's previously announced guidance range of $0.61 to $0.63. Diluted earnings per share under Generally Accepted Accounting Principles (GAAP) were $0.60, up 33.3 percent.
Roche fully acquires privately-owned biotech company Piramed
Roche announced that it will acquire Piramed Limited, a privately-owned UK company focusing on therapeutics targeting PI3-kinase (PI3-K). The PI3-K pathway is known to play an important role in disease progression and in resistance to chemotherapeutics in cancer cells.
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Patients with early Parkinson's disease show better symptom control
A new study in patients with early Parkinson's disease demonstrates that Stalevo® (levodopa/carbidopa/entacapone) gives better symptom control[1] and greater improvements in activities of daily living[1] than levodopa/carbidopa, the most widely-used current therapy.
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AstraZeneca Settles US Nexium Patent Litigation with Ranbaxy
AstraZeneca today announced it has entered into a settlement agreement in its Nexium patent infringement litigation against Ranbaxy Laboratories Ltd. and its affiliates ("Ranbaxy").
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