Pharma/Medical Device

Impax, Wyeth Settle Generic Effexor XR Patent Suit

Business Wire
July 17, 2008 - Under the agreement, Wyeth has granted the generic drug maker a license to launch an unbranded capsule formulation of the antidepressant on or after June 1, 2011....
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Abbott's 2Q Profit Beats Estimates

Associated Press
July 17, 2008 - Strong Humira and international sales helped the drug maker realize a 34 percent jump in net revenues....
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Novartis Posts 17 Pct Rise in Second-Quarter Net Income

Associated Press
July 17, 2008 - Vaccines and diagnostics sales expanded at a fast pace, the company said....
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Pfizer Cutting Staff at Largest U.S. Plant

Associated Press
July 16, 2008 - The drug maker says the force reduction of 275 at its Kalamazoo, Michigan, facility is aimed at boosting efficiency....
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Genentech's 2Q Profit Rises Nearly 5 Percent

Associated Press
July 15, 2008 - The company said its profit rose to $782 million, or 73 cents per share, from $747 million, or 70 cents per share, in the prior-year period....
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Canada Establishes System for Monitoring Marketed Drugs

Market Wire
July 15, 2008 - The Drug Safety and Effectiveness Network is a key element of the nation's Food and Consumer Safety Action Plan....
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FDA Panel: No Epilepsy Drug Black Box Warnings

United Press International
July 14, 2008 - An advisory group voted 14 to 4 with 3 abstentions that studies didn't show a high enough risk for suicidal behavior among users of the therapies....
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Actavis Totowa Faces Lawsuits Over Recalled Heart Drug

The Record (Bergen County, New Jersey)
July 14, 2008 - Nine suits claiming that patients suffered pain, and in at least one case death, have been filed against the maker of Digitek....
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Integrated Tube Cap Simplifies Access to Medication

EurekAlerts
July 11, 2008 - German and Austrian designers have developed a flap closure for pill bottles that can hold a desiccating powder and can be opened with one hand....
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FDA Calls for More Warnings on Antibiotics

The Augusta Chronicle (Ga.)
July 10, 2008 - Use of Cipro and other drugs in the flouroquinolone class may lead to tendon ruptures....
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