BioSpace Collaborative

Academic/Biomedical Research
News & Jobs
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  C2C Services & Suppliers™
Europe
Asia

DIVERSITY

PROFILES
Company Profiles

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Research Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
Get Our Industry eNewsletter FREE email:    
   

BTG plc (BGC.L)'s Varicose-vein Drug Succeeds in US Study


1/30/2012 8:01:56 AM

Given the medical tech specialist also produces an antidote for snake venom, Varisolve may not be BTG's most glamorous product. Yet the news that its varicose-vein treatment has passed a major trial with flying colours not only saw the group shoot up to an eight-year high today but also put its takeover potential back in the spotlight. The path to production for Varisolve - which treats the affliction with an injectable foam, removing the need for surgery - has been rather bumpy. In 2003, a trial was halted by US regulators amid health fears but today the company announced a final-stage study of in the US had been completed without any safety concerns. With results from a second Phase III trial expected soon, the news not only prompted BTG above 340p for the first time since 2003 but also turned dealers' minds back onto the possibility of it attracting an aggressor.


BTG plc
 
 

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES
 

//-->