News

Novel IBS drug Constella hits UK shores

A first-in-class treatment for irritable bowel syndrome (IBS) has been launched in the UK this week, offering patients a new option that, for the first time, addresses a variety of symptoms caused by the condition.

US specialty drug spending forecast to rise 67% by 2015

US spending on specialty prescription drugs – those used to treat chronic, complex diseases such as cancer, multiple sclerosis (MS) and rheumatoid arthritis (RA) – is projected to increase 67% by the end of 2015, say new forecasts.

Pfizer drug fails in Phase III NHL trial

Pfizer’s bid to expand its oncology portfolio has suffered a setback with the news that the drugs giant has halted a late-stage trial of inotuzumab ozogamicin in patients with an aggressive form of non-Hodgkin’s lymphoma due to futility.

PRA mulls initial public offering

Hard on the heels of Quintiles’ successful return to public ownership, US-based contract research organisation (CRO) PRA International is sounding out prospects for its own initial public offering (IPO) of common stock.

Royalty ups bid as Elan unveils acquisitions

Just as Elan Corp announced a range of transactions “designed to decisively transform and advance the company”, long-time suitor Royalty Pharma has popped up again and raised its bid to acquire the Irish drugmaker.

Cell Therapy Catapult releases preclinical database

The Cell Therapy (CT) Catapult, set up at Guy’s Hospital in London as a centre of translational excellence for regenerative medicine in the UK, has now published its database of ongoing preclinical research.

Benefits of Bayer acne drug backed for certain women

The European Medicines Agency’s Pharmacovigilance Risk Assessment Committee has concluded that the benefits of Bayer’s acne drug Diane 35 and its generics outweigh the risks, “provided that several measures are taken to minimise the risk of thromboembolism”.