News

Oncology specialist Azaya launches Parexo Labs division

Azaya Therapeutics, a US-based company using its Protein Stabilized Liposomes nanotechnology platform to develop safer, more effective chemotherapeutics, has launched a contract development and manufacturing division, Parexo Labs.

PhRMA joins National Minority Quality Forum initiative to boost trial diversity

US industry association the Pharmaceutical Research and Manufacturers of America (PhRMA) has joined a collaboration between the National Minority Quality Forum and software giant Microsoft to launch The National Clinical Trial Network (NCTN), which aims to boost participation and diversity in clinical studies.

Breast cancer patients barred from routine access to Novartis’ Afinitor

Patients with advanced breast cancer living in England and Wales will not be allowed routine access to Novartis’ Afinitor on the National Health Service, following a decision from the National Institute for Health and Care Excellence that has angered the company and charities.

Cancer Research Technology teams with Forma for DUB exploration

Cancer Research Technology (CRT), the commercialisation and development arm of Cancer Research UK, has formed an alliance with FormaTherapeutics, a US-based company focused on developing transformative small-molecule cancer therapies, to explore the biological implications and applications of deubiquitinating enzymes (DUBs).

Menarini to market Vivus ED drug Spedra

Vivus has signed up Italy’s Menarini to sell its recently-approved erectile dysfunction drug Spedra in over 40 European countries, plus Australia and New Zealand.

GSK probes its Botox sales in China: WSJ

GlaxoSmithKline is investigating fresh allegations that staff in China were involved in paying backhanders to doctors to sell Botox in China, according to the Wall Street Journal.

Hikma ups guidance due to doxycycline sales

Hikma Pharmaceuticals says “all of our businesses have continued to perform well” and now expects revenues to rise 17% in 2013, up from a previous forecast of a 13% increase, boosted by strong sales of its generic antibiotic doxycycline.