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Lilly moves Alzheimer's drug into late-stage testing
2016-04-11 20:31:17| Agriculture - Topix.net
Alzheimer's disease is a stubborn malady. Not only does it cripple a person's ability to think and remember, it has baffled researchers for years on how to attack or treat it, causing numerous expensive setbacks.
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FDA takes steps to withdraw approval of the swine drug carbadox
2016-04-08 21:26:00| National Hog Farmer
Source: FDA The U.S. Food and Drug Administrations Center for Veterinary Medicine (CVM) took the first step toward rescinding its approval of the use of carbadox to treat swine because the drug may leave trace amounts of a carcinogenic residue. read more
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FDA approves 1st cheaper version of J&J's top drug Remicade
2016-04-06 02:53:09| Biotech - Topix.net
" Federal health officials have approved a cheaper version of Johnson & Johnson's blockbuster drug, Remicade, a pricey biotech medicine for inflammatory diseases. The approval of Inflectra Tuesday is only the second time that the Food and Drug Administration has approved a quasi-generic biotech drug for the U.S. market.
Virginia Beach cake shop owners plead guilty to money laundering, drug charges
2016-04-05 00:53:43| Paper - Topix.net
Vernon Michael Norvell and his wife, Cheron Johnson, owned G's Cake Shop - Cake for all Occasions in Virginia Beach. Norvell, 43, pleaded guilty to conspiring to distribute cocaine and conspiracy to commit money laundering.
Gilead paying up to $1.2B for Nimbus unit, drug candidate
2016-04-04 22:15:41| Biotech - Topix.net
Biologic drugmaker Gilead Sciences Inc. said Monday that it will buy a subsidiary of Nimbus Therapeutics LLC and its experimental pill for an increasingly common metabolic disorder that causes life-threatening fat buildup in the liver. Gilead, based in Foster City, California, will pay $400 million for Nimbus Apollo Inc. Parent company Nimbus Therapeutics, based in Cambridge, Massachusetts, could receive another $800 million if Nimbus Apollo's drug development program meets certain milestones in testing results and medicine approval and sales.
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