News

UK announces new drug pricing agreement

The UK Department of Health has reached an agreement with the pharmaceutical industry to change the way in which drugs are priced and supplied to the National Health Service (NHS).

Bioengineered trachea is successfully transplanted

Paolo Macchiarini, head of thoracic surgery at the Hospital Clinic in Barcelona, Spain and colleagues have reported the results of a trachea transplant into a woman with tuberculosis using tissue from a donor which was repopulated with stem and epithelial cells from the recipient. This is understood to be the first ever trachea transplant and the first ever tissue transplant to be performed without the use of immunosuppressive drugs.

GSK increases its stake in Addex Pharmaceuticals to 5%

GlaxoSmithKline has told stock exchanges in Switzerland and the UK that it has increased its shareholding in Addex Pharmaceuticals Ltd to at least 5% of the company’s outstanding capital. The purchases were made by GSK’s investment arm, SR One Ltd, and follow earlier incremental buying in September, 2008.

MediGene sees strategic partnership for cancer drug

MediGene AG is expecting to conclude a strategic partnership in 2009 for its treatment for pancreatic cancer, EndoTAG-1. The forecast is contained in the company’s financial report for the first nine months of 2008, which was issued on 7 November.

Sanofi-aventis discontinues all trials of Acomplia

Sanofi-aventis has stopped all clinical trials of Acomplia (rimonabant), which until recently had been sold on 32 markets around the world as a treatment for obesity. The trials were being conducted in order to investigate new indications for the drug in diabetes and heart disease.

Sygnis completes €18.3 million financing

Sygnis Pharma AG has raised about €18.3 million with new equity under a long-standing contractual agreement with its two principal shareholders, dievini Hopp BioTech holding GmbH & Co. KG and BASF SE, which will own respectively 36% and 13% of the company.