News

Fibrin sealant meets primary endpoint in Phase 2 trial

Country
Netherlands

A sealant that has been developed to stop bleeding during and after surgery has met its primary endpoint in a Phase 2 trial of patients undergoing liver resection surgery, according to the developer, ProFibrix BV of the Netherlands.

SkyePharma gives product updates

Country
United Kingdom

SkyePharma Plc is continuing with plans to launch the asthma treatment, Flutiform, in Europe assuming approval is forthcoming from European Union member states which are reviewing the product under the decentralised procedure.

Sanofi reports further positive data for alemtuzumab

Country
France

Sanofi SA has reported further positive data for the candidate multiple sclerosis treatment, alemtuzumab, this time from a Phase 3 trial in patients with relapsing-remitting MS who had relapsed while on therapy. The comparator was Rebif.

Researchers describe how malaria parasite invades cells

Country
United Kingdom

Using new screening technology, UK researchers have been able to describe how the malaria parasite, Plasmodium falciparum, invades human red blood cells. The finding was published online in Nature on 9 November 2011.

Lundbeck in CNS alliance with Otsuka Pharmaceutical

Country
Denmark

H. Lundbeck A/S is to pay $200 million upfront to Otsuka Pharmaceutical Co Ltd of Japan as part of an alliance that will give it access to two late clinical stage CNS compounds including a new formulation of the antidepressant, aripiprazole.

FDA approves first cord blood product

Country
United States

The US Food and Drug Administration has approved the first haematopoietic progenitor cell-cord cell therapy. Called Hemacord, the product is manufactured by the New York Blood Center Inc of New York.

Evotec sees strong order book for 2012

Country
Germany

Evotec has confirmed its guidance that revenue for 2011 will grow by about 40% and revealed for the first time that orders for its drug discovery services look strong going into 2012. The company expects to end the current year with an operating profit.

Galápagos expects profit in 2011

Country
Belgium

Galápagos NV said that it is maintaining its full-year guidance for an operating and net profit this year subject to achieving certain unspecified research and development income. Group revenue is expected to be more than €146 million.

Lundbeck maintains guidance despite third quarter charge

Country
Denmark

H. Lundbeck A/S posted a 9.8% increase in revenue to DKK 3.97 billion (€0.53 billion) in the third quarter of 2011 compared with the year-earlier period but its operating profit fell by 22% to DKK 660 million due to an exceptional charge.