Orexigen Fattens Its Coffers With Takeda Cash
2010-09-03 03:04:10
Keywords: fat,obesity,contrave,lorquess,qnexa,lorcaserin,diet pill,weightloss pills,obesity drugs,orexigen,takeda pharmaceuticals,biotech stocks,MARKETS,OREX,AMLN,ARNA,VVUS,ABT
Quote: It doesn't help that the same panel of experts will be doing two-day duty -- they'll be presiding over the advisory meeting for Abbott Laboratories' ABT) obesity drug Meridia the day before. New data has shown that the already-approved drug has major safety concerns. (Join Minyanville on September 15 for the live blog of the Meridia panel). Orexigen will be keeping a close eye on Vivus' Qnexa. Unlike Lorquess, Qnexa and Contrave are both combination pills. Contrave is a combination of two therap...
Read articleUPDATE - Orexigen, Takeda in $1 bln deal for obesity drug
2010-09-03 03:04:08
Keywords: Pharmaceuticals - Generic / Specialty,Biotechnology / Pharmaceuticals,United States,Japan,Canada,Mexico,Regulations / Standards,Biotechnology / Medical Research,Biotechnology / Medical Research,Results Forecasts / Warnings,Pharmaceuticals - Diversified,Vo
Quote: The mid-September Arena panel review will follow a hearing
on Meridia, a diet drug sold by Abbott Laboratories (ABT.N)
that has been pulled from the market in Europe due to
heart-related risks. JP Morgan analyst Cory Kasimov expected a partnership for
Contrave would conclude only after the upcoming panel. "That said, we are cautious not to read into Takeda's
aggressive investment in the obesity space ... a $50 million
upfront payment does not appear to reflect a high conviction
expectation on ap...
Read articleAbbott ends auction of vaccines business-company
2010-09-03 03:04:07
Keywords: Pharmaceuticals - Diversified,Biotechnology / Pharmaceuticals,United States,Healthcare,Pharmaceuticals,Pharmaceuticals / Medical Research,Mergers / Acquisitions / Takeovers,Company Events,Deals,Company News item,Economic news, EC, business/financial pages
Quote: NEW YORK, Sept 2 |Thu Sep 2, 2010 7:33pm EDT
NEW YORK, Sept 2 (Reuters) - Drugmaker Abbott Laboratories
(ABT.N) has decided against the sale of its European
flu-vaccine business after initial bids came in below its
expectations, a company spokeswoman confirmed. The news was first reported by The Wall Street Journal. The auction had drawn interest from four or five bidders,
but the offers came in at less than 500 million euros ($640
million) and proved too low for the company's liking, a person
f...
Read articleAbbott Receives FDA Approval for First Automated Molecular Test for Assessing Hepatitis B Treatment
2010-09-02 09:07:06
Keywords: Abbott Receives FDA Approval for First Automated Molecular Test for Assessing Hepatitis B Treatment, abt
Quote: Read articleCORRECTED - Abbott's diet drug study renews calls for U.S. ban
2010-09-02 09:07:03
Keywords: Pharmaceuticals - Diversified,Biotechnology / Pharmaceuticals,United States,US Government News,Regulations / Standards,Health / Medicine,Science,Healthcare,Pharmaceuticals,Pharmaceuticals / Medical Research,General News,Politics / International Affairs /
Quote: Read articleJournal editors question sale of diet pill Meridia
2010-09-02 09:07:03
Keywords: Journal editors question sale of diet pill Meridia, abt
Quote: The difference was mostly in heart attack and stroke; there was no difference in deaths between the groups.A person taking Meridia had a 1-in-70 chance of suffering a heart attack or stroke, or a 1-in-52 chance if they had pre-existing heart problems, the editors wrote.There was no increased risk in the group with diabetes but no heart problems, the researchers found.Meridia also led to only modest weight loss: about 10 pounds over 12 months for someone weighing an average of 211 pounds.The rese...
Read articleEquity Research on GlaxoSmithKline and Abbott Laboratories - The Emerging Markets Opportunities
2010-09-01 09:58:41
Keywords: Equity Research on GlaxoSmithKline and Abbott Laboratories - The Emerging Markets Opportunities, abt,gsk
Quote: JOHANNESBURG, SOUTH AFRICA--(Marketwire - 09/01/10) - www.stockcall.com/ offers investors comprehensive research on the major drug manufacturers industry and has completed analytical research on GlaxoSmithKline GSKNews) and Abbott Laboratories ABTNewswww.stockcall.com/ to have free access to these researches.https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the major drug manufacturers industry.www.stockcall.com/https://stockcall.com/d...
Read articleBlacks more prone to blood clots after stents
2010-08-31 05:49:10
Keywords: Advanced medical equipment,Biotechnology / Pharmaceuticals,United States,Pharmaceuticals - Diversified,France,Western Europe,Europe,Health / Medicine,Regulations / Standards,Living / Lifestyle,Healthcare,Healthcare services,Healthcare equipment and suppli
Quote: Stents, made by companies such as Boston Scientific
(BSX.N), Abbott Laboratories (ABT.N), Medtronic Inc (MDT.N) and
Johnson & Johnson (JNJ.N), are wire-mesh coils used to prop
open arteries narrowed by fatty deposits called plaque. Many models release drugs over time that help prevent scar
tissue from building up and blocking the artery. Sanofi-Aventis' (SASY.PA) anti-clotting drug clopidogrel or
Plavix is typically prescribed after a stent is implanted to
keep patients from developing blood...
Read articleEmerging Markets to Drive Health Care ETFs
2010-08-27 01:39:19
Keywords: developing nations,healthcare etf,drug sales,gdp per capita,eli lilly stock,abbott laboratories stock,,INVESTING,IXJ,IHE,VHT,LLY,ABT
Quote: For other big players in the health-care world, Abbott LaboratoriesABT) made its push into emerging markets with its acquisition of Indian drug company Piramal Healthcare, which has the largest drug sales force in India, earlier this year. As noted earlier, some ways to play the anticipated growth of health care in emerging markets includes: FREE 14 day trial to the Grail ETF & Equity InvestorLearn more.SmartStops.net.......
Read articleBiotech Report: The new diet pills: fad, fact or fiction?
2010-08-26 04:51:47
Keywords: Industries|Healthcare, VVUS, Vivus Inc, OREX, Orexigen Therapeutics Inc, ARNA, Arena Pharmaceuticals Inc , ABT, Abbott Laboratories
Quote: Kenneth Snow, senior staff physician at the Joslin Diabetes Center in Boston.See CDC obesity statisticsAbout one-third of Americans are now classified as overweight, with another third considered obese, leaving only 30% of us in the "normal" or "underweight" categories.Click here to calculate your BMIHungry for more optionsCurrently, the weight-loss drug market is dominated by two drugs: phentermine, which has been on the market for decades, and Abbott Laboratories'/quotes/comstock/13*!abt/quote...
Read articleMedtronic: A Mirror of Medtech Slowdown
2010-08-26 04:51:46
Keywords: medical devices,medtech,stents,medical device manufacturers,medical device companies,MARKETS,MDT,BSX,SYK,STJ,JNJ
Quote: “Although we have experienced a slowdown in the markets of our largest businesses, the investments we are making in emerging markets and emerging therapies will allow us to achieve market-leading performance over the long-term."For now, investors will have to wait and see if Hawkins can actually deliver, or if the company will lose further ground to competitors like Johnson & JohnsonJNJ) and Abbott LaboratoriesABT) which have large diversified product bases. If you're a long-term ...
Read articleStudy links severe drug reaction to herpes virus
2010-08-26 04:51:45
Keywords: Pharmaceuticals - Diversified,Biotechnology / Pharmaceuticals,United Kingdom,Western Europe,Europe,United States,France,Switzerland,Health / Medicine,Science,Healthcare,Pharmaceuticals,Pharmaceuticals / Medical Research,Company News item,General news stor
Quote: The main drugs that cause DRESS are anticonvulsants, often
used for epilepsy, including carbamazepine, sold as Carbatrol by
Shire (SHP.L), valproate, sold by Abbott Laboratories (ABT.N) as
Depakine and Sanofi-Aventis (SASY.PA......
Read articleChamber of Commerce Reenters Dark Ages
2010-08-23 08:38:16
Keywords: chamber of commerce,brad peck,pay gap,gender equality,equal pay,,SPECIAL FEATURES,PM,IEP,VMED,LINTA,LLL
Quote: Read articleUPDATE - SkyePharma says Abbott ends U.S. Flutiform deal
2010-08-20 09:40:27
Keywords: United Kingdom,Western Europe,Europe,Corporate Results,Results Forecasts / Warnings,Pharmaceuticals - Generic / Specialty,Biotechnology / Pharmaceuticals,Pharmaceuticals - Diversified,United States,Regulations / Standards,Company Events,Company News item,
Quote: Fri Aug 20, 2010 4:06am EDT
* Drug faces high regulatory hurdles in United States * SkyePharma not giving up on drug but needs new partner * SkyePharma shares down 5 percent LONDON, Aug 19 (Reuters) - Britain's SkyePharma (SKP.L)
said Abbott Laboratories (ABT.N) has ended its deal to
market SkyePharma's asthma drug Flutiform in the United
States, after regulators imposed what could be
insurmountable hurdles to approval. Abbott had already handed over control of the U.S
application to SkyePharma...
Read articleEight Dividend Stocks Yielding More Than Fixed Income
2010-08-19 01:03:55
Quote: Read articleWhy Some Analysts See Bleak Future for Eli Lilly
2010-08-18 01:27:48
Keywords: eli lilly,Cymbalta,Strattera,patent expiration,drug pipeline,M&A,semagacestat,Alzheimer's disease,teva pharmaceuticals,mylan,merck,pfizer,MARKETS,LLY,TEVA,MYL,MRK,PFE
Quote: Peers like Abbott Laboratories ABT), GlaxoSmithKlineGSK), and Bristol-Myers SquibbBMY) are far more appealing as acquirers and have been snatching up smaller targets at a rapid pace trying to pad their own ailing top lines.This leaves few options for Lilly, which has been doing little beyond cutting costs to stanch its bleeding revenues (the company has plans to cut 5,500 jobs by the end of next year). The Big Pharma will need a few pipeline surprises if it's going to get back in the competition...
Read articleUPDATE - Australia's CSL to focus on small acquisitions
2010-08-18 01:27:46
Keywords: Australia,Asia/Pacific,Biotechnology / Pharmaceuticals,Corporate Results,Results Forecasts / Warnings,Dividend,Biotechnology / Medical Research,Pharmaceuticals - Diversified,United States,Pharmaceuticals - Generic / Specialty,Spain,Western Europe,Europe,M
Quote: Read articleAbbott spent $600,000 on lobbying in 1Q
2010-08-16 08:22:51
Keywords: Abbott spent $600,000 on lobbying in 1Q, abt
Quote: WASHINGTON (AP) -- Drug and medical device maker Abbott Laboratories spent over $600,000 in the second quarter to lobby the federal government on policies affecting its products.The North Chicago-based company spent $620,000 in the most recent period, down from $1.5 million in the first quarter of the year when Congress was finalizing the administration's health care overhaul.Abbott lobbied on the implementation of provisions of the bill that give the Food and Drug Administration authority to ap...
Read articleBuilt-In Medicine Cabinet
2010-08-13 01:55:48
Keywords: diabetes, microfabrication, osteoporosis, drug delivery, eli lilly, medtronic, cancer
Quote: Implanted blood glucose monitors made by MedtronicMDTnewspeople), Dexcom and Abbott LaboratoriesABTnewspeople) must be inserted into the skin like a syringe and lose their ability to measure sugar within a week as bodily fluids foul the chemicals within. MicroChips has created an implantable device that contains arrays of tiny sensors, each sealed under the platinum foil. When one array fails, a new one opens up, allowing the device to function for a full year. This would be a boon for physician...
Read articleUPDATE - Emergent to buy Trubion Pharma for up to $135.5 mln
2010-08-13 01:55:47
Keywords: Healthcare facilities,Commercial services and supplies (industry group),Industrial machinery,Machinery,United States of America,Healthcare,Mergers and Acquisitions (including Changes of Ownership),Contract between 2 or more corporate entities,Healthcare p
Quote: Seattle-based Trubion develops treatments for autoimmune
diseases such as rheumatoid arthritis and lupus in partnership
with Pfizer Inc (PFE.N) and for cancers such as leukemia and
lymphoma with Abbott Laboratories (ABT.N).Emergent will also make milestone payments of up to $38.7
million to buy Trubion. Emergent also backed its 2010 outlook of about $275-$300
million in total revenue and $40-$50 million in net income. The deal is expected to close in the fourth quarter of
2010, Emergent said in ...
Read article