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The Problem with Fast-Tracking Drug Approvals: Pharmas Fail to Follow Up

by | Feb 9, 2011 | Towing

To get potentially lifesaving drugs to patients faster, the U.S. Food and Drug Administration is allowed to approve some drugs — those that address unmet medical needs — based on fewer trials than usual. But it turns out that…

InterMune Lung Drug Is Backed by European Panel, Shares Double

by | Dec 17, 2010 | Towing

Shares of drugmaker InterMune have more than doubled in premarket trading after a European advisory panel backed the company’s experimental lung treatment Esbriet (pirfenidone), something the biotech failed to accomplish in the…

InterMune Lung Drug Is Backed by European Panel, Shares Double

by | Dec 17, 2010 | Towing

Shares of drugmaker InterMune have more than doubled in premarket trading after a European advisory panel backed the company’s experimental lung treatment Esbriet (pirfenidone), something the biotech failed to accomplish in the…

Vivus Shares Rally on Hopes Obesity Drug Will Gain Approval Next Year

by | Oct 29, 2010 | Towing

Vivus shares are soaring this morning, even though the U.S. Food and Drug Administration rejected the drugmaker’s obesity drug Qnexa yesterday. Investors are hoping that the FDA’s rejection, which includes a request for more sa…

AstraZeneca, Pozen Clear E.U. Approval Hurdle for Arthritis Drug Vimovo

by | Oct 11, 2010 | Towing

AstraZeneca and Pozen announced Monday that their pain reliever Vimovo for the treatment of arthritis had received positive agreement for approval by the 23 E.U. nations. Vimovo is a combination drug that reduces the risk of ul…

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