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Pharmacy giant CVS opts to exclusively offer Gilead's pricey hepatitis C drug

2015-01-05 21:32:29| Biotech - Topix.net

Gilead Sciences Inc. , whose stock plummeted last month when Express Scripts Holding Co. chose to offer a competitor's hepatitis C drug, jumped Monday after CVS Health Corp. said Gilead's pill would be offered exclusively to patients on its drug benefit plans.

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Drug may help fight obesity

2015-01-04 14:18:14| Biotech - Topix.net

Just before Christmas, the Food and Drug Administration approved a drug that may be a boon to some of the millions of Americans resolving to shed unhealthy pounds in the New Year. The daily injectable drug, liraglutide, is part of a new class of diabetes medicines that prompt the pancreas to make extra insulin after meals.

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Pharma and biotech on a roll as drug approvals hit 18-year high

2015-01-01 15:40:45| Biotech - Topix.net

U.S. drug approvals in 2014 hit their highest level in 18 years and recommendations in Europe also came at a rapid rate, driven by expensive new treatments for cancer and rare diseases. After suffering a wave of patent losses on blockbuster products, which peaked two years ago, drugmakers are recovering their ability to bring new medicines to market and productivity is improving.

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Keryx drug for dialysis patients poised to challenge Genzyme

2014-12-30 21:36:54| Biotech - Topix.net

Greg Madison assumed the role of COO at Keryx Biopharmaceuticals in February, and today he oversees the 50-employee Boston office. With the its newly-approved drug for kidney dialysis patients now being shipped and available to be prescribed, Keryx Biopharmaceuticals is poised to take on one of Genzyme's drugs with sales of about $600 million.

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Loblaw Co Destroys Superior Shoppers Drug Market Brands with No-Name

2014-12-30 05:36:25| Grocery - Topix.net

Having taken over Shoppers Drug Mart months ago, Loblaw Companies appears to be replacing high-end and health conscious labels that this Canadian drug store icon had developed with very low end Non-Name products with some relatively poorer quality President's Choice products.

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