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Medtronic completes blockbuster buy of Covidien; both companies big in Colorado

2015-01-28 04:01:21| Industrial Machines - Topix.net

Medical-device maker Medtronic Inc. has completed its $49.9 billion acquisition of Covidien . The tie-up creates the largest medical device company in the world, and both companies have major operations in Colorado.

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RPT-INTERVIEW-Halozyme CEO sees blockbuster potential in its cancer drug

2015-01-08 16:16:25| Biotech - Topix.net

The drug, PEGPH20, being tested against pancreatic cancer, has the potential to help treat several other types of solid tumor cancers, its chief executive said in an interview. Halozyme discussed interim data from a Phase II study of PEGPH20 with analysts and investors in New York on Wednesday, demonstrating its likelihood of delaying a worsening of the deadly cancer.

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Eli Lilly: The Blockbuster Combination Of Elanco And Novartis' Animal Health

2015-01-03 11:18:31| Biotech - Topix.net

Elanco has been recently authorized by the FTC to take over Novartis' Animal Health segment, along with a condition to sell off Novartis' Sentinel product line. This combination will raise Eli Lilly's global market rank to number 2 in the animal pharmaceutical market in terms of total revenue, following Zoetis, which has topped the list.

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Blockbuster Expectations for Novartis' Heart Drug

2014-09-03 01:37:27| Biotech - Topix.net

For more than two years, Wall Street's love affair with drug makers has been fueled by the race to launch exciting new cancer drugs and oral therapies for hepatitis C. This weekend, Swiss drug maker Novartis got a big shot in the arm from a new drug that could be the biggest breakthrough in the treatment of heart failure in more than a decade.

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Vertex to stop selling hepatitis C drug Incivek, once a blockbuster, in October

2014-08-13 07:02:43| Biotech - Topix.net

Incivek was the first approved drug for Vertex in 2011, but it was quickly overwhelmed by competition from other hepatitis C treatment, including Gilead's Sovaldi.

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