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Who’s at Risk of Alzheimer’s? GE and J&J Hope to Find Out

by | Dec 1, 2010 | Towing

Medical imaging and diagnostics powerhouse GE Healthcare teams up with pharmaceutical giant Johnson & Johnson to research methods of detecting Alzheimer’s in patients — even before they begin to exhibit symptoms of the devasta…

Eli Lilly Antidepressant Cymbalta Approved for Chronic Pain

by | Nov 5, 2010 | Towing

Eli Lilly’s blockbuster antidepressant Cymbalta can now also be marketed as a treatment for chronic musculoskeletal pain, such as osteoarthritis and lower back pain, following FDA approval yesterday.
Continue r…

ImClone’s Sam Waksal: Out of Jail and Doing Biotech Deals Again

by | Oct 26, 2010 | Towing

After five years behind bars for insider trading, Waksal has announced another biotech deal: His new drug company Kadmon Pharmaceuticals has bought privately held Three Rivers Pharmaceuticals in a private deal estimated at over…

Bristol-Myers Squibb Earnings Top Estimates, Revenue Disappoints

by | Oct 26, 2010 | Towing

Bristol-Myers Squibb, which sells blood thinner Plavix, today reported better-than-expected third quarter earnings, mainly due to cost cuts. Revenue, however, fell short of expectations, and shares are down in trading Tuesday.
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Inside Wall Street: This New Antidepressant Maker Has Lots of Folks Excited

by | Oct 25, 2010 | Towing

Tiny, little-known biotech Clinical Data has developed a potential blockbuster drug called Vilazodone. If OK’d, it would be the first new depression treatment in 15 years. Its potential is so huge that several Big Pharmas are s…

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