News, Money and Drugs for Thursday, May 21, 2009 – Genzyme, Plus ASCO Watch

May 21, 2009 at 9:43 pm EST | Tags:

News, Money and Drugs for Thursday, May 21, 2009 - Genzyme, Plus ASCO WatchPresented by OSMOS

  • Genzyme (GENZ) has resubmitted its manufacturing documentation to the FDA for Lumizyme. Back in March, the FDA rejected GENZ’s application to produce the Pompe disease drug at a 2,000 L bioreactor scale. The FDA has also begun inspections at GENZ’s manufacturing plant to verify all deficiencies have been addressed. [MassHighTech]

  • Johnson & Johnson wants out. The drugmaker will ask an arbitrator to dissolve its Remicade partnership with Schering-Plough. [Pharmalive]

  • Novartis’ new phase 3 drug, QAB149 (indacaterol), for COPD shows blockbuster results. [Genetic Engineering & Biotechnology News]

  • NeurogesX’s pain patch, Qutenza, gets EMEA approval, but still without a partner. [BizJournals]

  • Uh-oh!! FDA looking into liver toxicity associated with OTC weight loss drug Orlistat. [Scrip]

  • Dr. Reddy’s is closing the door at its Atlants research facility, but no word on axes. An email to the company was not immediately returned. [India Infoline]

  • Vical advances its H1N1 pandemic influenza (Swine Flu) vaccine, shares soar. [Yahoo!Finance]

  • A $106M payout awaits Schering-Plough execs once the ink dries with Merck. [WSJ]

  • It’s not just the common folk that have beef with the IRS — GSK owes $1.9B and doesn’t want to pony up. [WSJ]

  • Finally, Jim Edwards at BNET Pharma is keeping tabs on all the Astra Seroquel documents. He’s even got the real email printouts between execs!! [jimedwardsnrx]

ASCO Watch

  • Medivation will present Phase 1/2 data on MDV3100, biotech’s next most promising prostate cancer drug (now that Cougar has been scooped up). [Yahoo!Finance]

  • Roche has a whole bunch of presentations: Tarceva (erlotinib), the famed Avastin study in the CRC adjuvant setting, and trastuzumab-DM1 (T-DM1) [MedicalNewsToday]

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| News, Money and Drugs for April 29, 2009 | News, Money and Drugs for April 23, 2009 | News, Money and Drugs – Monday, March 9, 2009 | News, Money and Drugs for Monday, May 18, 2009 – BIO, ASCO & Some Other Stuff | News, Money and Drugs for Monday, June 1, 2009 – Plus ASCO Final Roundup Part 2 |


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