News, Money and Drugs for Monday, March 30, 2009 (Plus ACC Roundup)
March 30, 2009 at 8:48 pm EST | Tags: NewsIt’s today’s top story: Arena Pharmaceuticals’ lorcaserin met some of its endpoints in a pivotal trial for obesity, but the study did not meet the placebo-adjusted weight loss difference of 5%. Stock down 28%. Just another example of how hard it is to get an obesity drug approved and how the FDA WILL NEVER approve one. [WSJ Health Blog]
Tomorrow’s a big day for Avastin; oncology panel will weigh benefits in brain cancer. [FiercePharma]
J&J is throwing a monkeywrench into the Merck/Schering-Plough deal, wants cut. [Financial Times]
Pfizer beat Abbott for Wyeth – what will Abbott do now? [WSJ Deal Journal]
ACC Roundup
- Schering-Plough’s Integrilin doesn’t produce better results when administered early in surgery. [Bloomberg]
Intensive Lipitor Therapy Provided Sustained Risk Reduction Of Cardiovascular Events In Older Patients With Heart Disease. [Pharmalive]
Crestor reduces the risk of DVTs by 43%. [The Motley Fool]
Arca Biopharma’s bucindolol best Phase 3 trial at ACC. [RTTNews]
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