Pharmaceutical industry
Biodel Inc. recently announced positive preliminary results from Study 6-101, a Phase 1 clinical trial comparing the company's lyophilized glucagon formulation BIOD-961 to Eli Lilly's Glucagon Emergency Rescue Kit and Novo Nordisk's GlucaGen HypoKit, both marketed for the treatment of severe hypoglycemia. The study
Pharmaceutical industry
A new study by Statistics Canada has found that low levels of income and education significantly increase the risk of type 2 diabetes in women. Meanwhile, a study on head injuries in athletes suggests a possible link to Lou Gehrig's disease. Additionally, the development of an experimental Alzheimer&
Pharmaceutical industry
Investors have increasingly turned to dividend-paying stocks as a safe haven in the last year, seeking security and real earnings power during market tumult. Companies such as AT&T, Inc., Verizon Communications Inc., Eli Lilly & Co., and CenterPoint Energy, Inc. have caught the attention of investors for their
Pharmaceutical industry
The US Food and Drug Administration (FDA) has approved revisions to the prescribing information for Erbitux (cetuximab) concerning the treatment of patients with epidermal growth factor receptor (EGFR)-expressing metastatic colorectal cancer (mCRC). The revisions include a modification to the indication, which now includes a statement that retrospective subset analyses
Pharmaceutical industry
The US Food and Drug Administration (FDA) has approved revisions to the prescribing information for ERBITUX (cetuximab), a medication used to treat certain types of colorectal cancer. The revisions include a modification to the indication statement, which now includes a warning that retrospective subset analyses of metastatic or advanced colorectal
Pharmaceutical industry
Employees of Eli Lilly and Company, a locally based pharmaceutical corporation, are participating in a national civic engagement effort to collect and donate supplies to local service agencies in Central Indiana. The initiative, sponsored by "I AM CHANGE" campaign, aims to meet the critical needs of the environment,
Pharmaceutical industry
BRE Properties, a large West Coast apartment REIT, has announced a dramatic slowdown in new construction spending, while Eli Lilly & Co. is facing challenges due to pipeline disappointments and generic competition to key drugs. Northrop Grumman Corp. is well-positioned to take advantage of growth areas in the defense budget,
Pharmaceutical industry
Schering-Plough, the US pharmaceutical group, is anticipated to show a significant improvement in first-quarter earnings, with expectations forecasting a 12 percent revenue growth to $2.2 billion. The company's older products, which have been hindered by competition, mismanagement, and corporate distractions, are expected to show renewed vigor. This
Pharmaceutical industry
Blake E. Devitt, a seasoned auditor and industry expert with 33 years of experience at Ernst & Young LLP, has been appointed to Baxter International's board of directors. Devitt, who recently retired as senior audit partner and leader of the pharmaceutical and medical device industry practice, brings a
Pharmaceutical industry
The partnership aims to increase awareness and understanding of diabetic peripheral neuropathy (DPN) diagnosis among physicians who manage patients with diabetes. DPN is a common chronic complication of diabetes, causing microvascular damage to nerves, which can lead to foot ulcers and amputations. The condition affects 60 to 70% of people
Pharmaceutical industry
US pharmaceuticals firm Eli Lilly and Company plans to further invest in China as the country's market is expected to become one of the world's largest in the next five to ten years. The company's executive vice-president, John C. Lechleiter, said China is "
Pharmaceutical industry
Merck & Company reported a decline in third-quarter earnings due to the recall of its painkiller Vioxx. The company's net income dropped to $1.33 billion, or 60 cents a share, from $1.86 billion, or 82 cents, a year earlier. The decline was the fourth in five
