News, Money and Drugs for Thursday, July 9, 2009

July 9, 2009 at 8:19 pm EST | Tags:

News, Money and Drugs for Thursday, July 9, 2009

  • Rigel Pharmaceuticals (RIGL) shares soared today after the company announced positive data on its second mid-stage study for R788, RIGL’s treatment for rheumatoid arthritis; says it hopes to have a partner 1H10. [WSJ]

  • Amylin Pharmaceuticals’ (AMLN) trial not so good. [Reuters]

  • Good news for Array Biopharma (ARRY) [Pharmaceutical Business Review]

  • AstraZeneca (AZN) and MAP Pharmaceuticals (MAPP) break up asthma alliance. [Reuters]

  • Selling Tylenol not so hard for J&J. [WSJ]

  • No Norvasc patent for Pfizer in Canada. Sorry. [Pharmalive]

  • Finally, Wyeth’s Rapamune can make you live longer? OK OK, it just helps mice live longer. Plus, monkeys live longer on fewer calories. [WSJ]

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