Drugs
American Home Products Corporation (AHP), a major research-based pharmaceutical company, has taken a significant step in the development of Protonix, a proton pump inhibitor (PPI) for the treatment of gastrointestinal reflux disease. Having received a "approvable" designation from the Food and Drug Administration (FDA), AHP's Wyeth-Ayerst
Drugs
Britain's push towards a hi-tech pre-eminence has gained momentum in recent years, with the government unveiling tax breaks and encouraging entrepreneurs through venture capital funding. However, the reality behind this rhetoric is complex. The merger between Celltech and Chiroscience, two leaders in the biotech industry, has created a
Drugs
Merck Generics, a Dutch pharmaceuticals company, has issued a writ against Chiroscience, a Cambridge-based biotechnology company, claiming that Chiroscience's failure to supply its anti-inflammatory drug, S-Naproxen, resulted in significant losses. The writ, issued in February 1998, alleges that Chiroscience breached an agreement to supply the drug and failed
Pharmaceutical industry
DiscoverStocks.com has announced impressive results, with its newsletter subscribers experiencing a 65% return in just a quarter. The stock advisory service has achieved an impressive 85% success rate in meeting target prices, making it one of the largest and most successful stock advisory services available at an affordable price.
Pharmaceutical industry
In a bitter dispute between pharmaceutical giants, Monsanto and Merck & Co. have clashed over their new arthritis drugs, Celebrex and Vioxx. The controversy began when Merck announced that Vioxx provided faster and longer-lasting relief in a study of 272 patients following dental surgery. However, Monsanto and its subsidiary, G.
Drugs
Southwestern Bell has appointed Jan Newton as its Missouri president, replacing Priscilla Hill-Ardoin who is moving to the Washington office of SBC Communications Inc. The appointment comes as electric and natural gas utility Ameren Corp. faces union contract talks, set to begin today. Additionally, pharmaceutical company Roche Holding AG is
Drugs
Genentech's successful negotiation to maintain its independence from Roche has sent shockwaves through the biotechnology industry. Analysts and experts are hailing the move as a victory for biotech companies, which have long battled to maintain their entrepreneurial spirit in the face of increasing pressure from big pharmaceutical groups.
Drugs
This summer promises to be exciting for TV and radio enthusiasts, with a slate of memorable programs and events to look forward to. A&E will air a made-for-TV movie, "Dash and Lilly," about the lives of Dashiell Hammett and Lillian Hellman, with notable cast members including
Drugs
Kathy Bates, an Oscar-winning actress known for her roles in films like "Misery," is now behind the camera, directing her first feature, "Dash and Lilly," an A&E original production. The movie premieres on Monday at 9 p.m. and tells the tumultuous romance story
Drugs
The Food and Drug Administration (FDA) has approved Merck & Co.'s new arthritis drug, Vioxx, which is expected to reach pharmacies in mid-June. Vioxx is a COX-2 inhibitor, a new class of drugs that offer the same pain relief as traditional arthritis medications but with fewer side effects,
Drugs
Monsanto Co.'s newest arthritis pill, Celebrex, has been causing concern among health-care professionals due to its similarity in name to other medications, including Celexa and Cerebyx. In response, the company is launching an education and advertising campaign aimed at mitigating the issue. The Food and Drug Administration (FDA)
Drugs
The Nasdaq Stock Market saw significant gains Tuesday, particularly in the internet sector, following strong performances from several leading companies. TheStreet.com, a 3-year-old internet news service, made a spectacular debut with its stock price shooting up to $60 from an initial price of $19, valuing the company at $1.
