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Man Expected To Plead Guilty In $80 Million Conn. Prescription Drug Heist

2013-02-23 17:21:53| Biotech - Topix.net

A Florida man charged in the theft of about $80 million in prescription drugs from a Connecticut warehouse in 2010 is likely to plead guilty, his attorney said Friday.

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ImmunoGen wins first FDA approval with breast cancer drug

2013-02-22 18:24:00| Biotech - Topix.net

ImmunoGen Inc. has won its first approval from the U.S. Food and Drug Administration for a breast cancer treatment that combines the approved drug Herceptin, with ImmunoGen's cancer-killing technology.

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Biotech Industry Soars in 2012 as FDA Drug Approvals Reach a 15-Year High

2013-02-21 19:16:21| Biotech - Topix.net

The iShares NASDAQ Biotechnology Index , the SPDR S&P Biotech ETF and the First Trust Amex Biotechnology Index ETF have all gained over 20 percent in the past year, outperforming the broader markets by a good margin.

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UPDATE 1-Gilead hepatitis C drug meets goal of 4th late-stage study

2013-02-20 04:29:59| Biotech - Topix.net

Gilead Sciences Inc said its experimental hepatitis C drug sofosbuvir, in a late-stage clinical study, was clearly superior to historical cure rates at both 12 and 16 weeks of treatment in patients who were not helped by prior therapy.

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Drug overdose deaths up for 11th consecutive year

2013-02-20 00:10:29| Biotech - Topix.net

Drug overdose deaths rose for the 11th straight year, federal data show, and most of them were accidents involving addictive painkillers despite growing attention to risks from these medicines.

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