Pharmaceutical industry
The European Medicines Agency's Committee for Medicinal Products in Human Use (CHMP) has issued a positive opinion recommending approval of duloxetine for the treatment of major depressive episodes. This decision is a significant milestone in the development and marketing of duloxetine, which is expected to be authorized for
Pharmaceutical industry
Terry Magid, a seasoned executive with nearly a decade of experience at Eli Lilly and Company, has joined Great Lakes Chemical Corporation as its vice president of tax. Magid brings a strong tax and business background to the role, with international experience and a proven track record of success. In
Pharmaceutical industry
Prolonged cancer progression time and relief of cancer symptoms have been achieved with the use of Gemzar (gemcitabine) in combination with carboplatin for women suffering from recurrent epithelial ovarian cancer. Regulatory officials in several European markets have granted approval for this new indication, marking a significant milestone in the treatment
Pharmaceutical industry
Indiana's efforts to expand its life sciences sector through business formation and attraction have yielded significant results with the announcement of the first round of hiring for the Indiana Centers for Applied Protein Sciences (INCAPS). This for-profit venture provides proteomic technology validation and protein analysis services for academic
Pharmaceutical industry
Susan Bartlett Foote, associate professor and head of the Division of Health Service Research and Policy at the University of Minnesota's School of Public Health, and Pedro Granadillo, senior vice president at Eli Lilly and Company, have been appointed to the Haemonetics Corporation Board of Directors. The appointments
Pharmaceutical industry
Cannabinoid receptor subtype 1 (CB1R) plays a crucial role in the regulation of adenylyl cyclase-catalyzed cAMP production. Researchers at Eli Lilly and Company in Indianapolis have used microdialysis to monitor the effects of cannabinoids on cAMP activity in rats. The study revealed that striatal infusion of the CB1R agonist WIN55,
Pharmaceutical industry
Guidant Corp.'s president and CEO, Ronald W. Dollens, will retire on December 31, 2004, after 32 years of service. The company's market capitalization has grown nearly 20 times since its initial public offering in 1994. A revised management structure will take effect immediately, with Group Chairman
Pharmaceutical industry
Sirna Therapeutics, a biopharmaceutical company, has announced its financial results for the first quarter of 2004. During this period, the company reported a net loss of $5.9 million, or $0.19 per share, compared to a net loss of $5.5 million, or $1.62 per share, in the
Pharmaceutical industry
Gastrotech Pharma and Eli Lilly have entered a collaboration agreement to continue the development of proprietary peptides targeting irritable bowel syndrome (IBS) and functional dyspepsia. The partnership will focus on the ongoing clinical phase II trial of a glucagon-like peptide-1 (GLP-1) analogue in IBS patients with moderate-to-severe pain in five
Pharmaceutical industry
Pharmaceutical companies like Merck, Eli Lilly, and Bristol-Myers Squibb are racing to replenish their drug pipelines through partnerships with biotech start-ups. These partnerships, often valued in the hundreds of millions of dollars, offer a chance for pharmaceuticals to access life-saving drugs battling cancer and other illnesses. Meanwhile, biotech start-ups like
Pharmaceutical industry
Amylin Pharmaceuticals reported a net loss of $122.8 million for the fiscal year ended December 31, 2003, compared to a net loss of $109.8 million for the year ended December 31, 2002. The company's net loss for the fourth quarter of 2003 was $17.3 million,
Pharmaceutical industry
Eli Lilly and Company, a leading pharmaceutical manufacturer, has recognized Fisher-Rosemount Systems and its business partner Cornerstone Controls as outstanding suppliers. Out of 10,000 candidates, the two companies were selected for their exceptional performance in quality, service, speed, and total cost reduction. The award acknowledges companies that provide a
