AstraZeneca and Nomura Phase4 Ventures Announce Creation of New Company "Albireo"
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- Category: AstraZeneca
AstraZeneca and Nomura Phase4 Ventures today announced the signing of a deal to form Albireo, a company focused on developing new treatments for gastrointestinal (GI) disorders.
The Medicines Company Reports Full Year and Fourth Quarter 2007 Financial Results
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- Category: Financial
The Medicines Company (NASDAQ: MDCO) today announced its financial results for the full year and fourth quarter of 2007. Financial highlights for the full year of 2007:
- Net revenue increased by 20% to $257.5 million for 2007 from $214.0 million for 2006.
Genzyme Delivers Strong Fourth Quarter to Conclude Outstanding Year
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- Category: Genzyme
Genzyme Corporation (NASDAQ: GENZ) today reported financial results for the full year and fourth quarter of 2007 and provided an outlook for continued strong growth in 2008 and beyond.
First Head to Head Study Comparing CRESTOR and LIPITOR®
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- Category: AstraZeneca
AstraZeneca announced the launch of a new clinical trial, SATURN, designed to measure the impact of CRESTOR™ (rosuvastatin) 40 mg and atorvastatin (Lipitor®) 80 mg on the progression of atherosclerosis in high risk patients. SATURN will compare the effects of these two statins on the ability to decrease progression or induce regression of atherosclerosis, the main cause of cardiovascular disease, following two years of treatment in patients with coronary artery disease.
Bayer HealthCare Affiliate MEDRAD and Possis Medical Sign Definitive Merger Agreement
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- Category: Bayer
Bayer HealthCare affiliate MEDRAD, Inc., Warrendale, PA and Possis Medical, Inc., Minneapolis, MN, (Nasdaq: POSS), announced today that they have entered into a definitive merger agreement pursuant to which MEDRAD will acquire Possis Medical in a cash tender offer for US-Dollar 19.50 per share, or a total equity value of approximately US-Dollar 361 million.
Cleviprex(TM) Demonstrated Rapid, Precise Blood Pressure Control in High-Risk Patients
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- Category: Clinical Trials
The Medicines Company (NASDAQ: MDCO) announced that its investigational agent, Cleviprex(TM) (clevidipine butyrate injectable emulsion), rapidly achieved and maintained blood pressure control in patients with renal dysfunction (RD) and patients with acute heart failure (AHF), according to two new analyses from the Phase III trial VELOCITY(1) presented at the annual meeting of the Society of Clinical Care Medicine (SCCM).
Record operating results for Roche again in 2007
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- Category: Roche
The Roche Group posted record results in 2007. Group sales were up significantly, advancing 10% in local currencies (10% in Swiss francs; 15% in US dollars) to 46.1 billion Swiss francs. This 4.1 billion Swiss franc rise in full-year sales was all organic growth.
More Pharma News ...
- Bristol-Myers Squibb Company Reports Financial Results for the Fourth Quarter and 2007
- Nycomed and Wyeth announce launch of an own generic version of PROTONIX®
- TransTech Pharma, Inc. Acquires Three Programs from Novo Nordisk
- Pfizer Reports Fourth-Quarter and Full-Year 2007 Results
- Teva to acquire CoGenesys with a purchase price of $400 million cash
- Abbott Reports 16.1 Percent Sales Growth in Fourth Quarter
- ANAVEX outlines corporate milestones, drug advancement plans for 2008