BioSpace News Archive

GlaxoSmithKline walked away from a potential deal to acquire Pfizer’s consumer health unit four days ago and instead opted to acquire the stake controlled by Novartis. The deal will give GSK 100 percent ownership of the business unit.

Imprimis Pharmaceuticals secured a patent that protects its non-opioid sublingual product MKO Melt compound formulation and investors are pleased.

Analysts look at what else AbbVie has in the pipeline after Rova-T Failure.

As Novartis locks in on a $13 billion deal with GlaxoSmithKline (GSK), Novartis chief executive officer Vasant Narasimhan confirms that any decision about spinning off its Alcon eye care business won’t be made until the first half of 2019.

The U.S. Food and Drug Administration (FDA) accepted Bristol-Myers Squibb’s supplemental Biologics License Application (sBLA) for Opdivo (nivolumab) with Yervoy (ipilimumab) for a type of colorectal cancer.

It’s not unusual for a biopharma company, given enough time, to have its ups and downs. But PDL BioPharma’s roller-coaster ride has been more dramatic than most.

Shares of AnaptysBio were climbing this morning after the company released positive interim data for its experimental peanut allergy treatment. The San Diego-based company said 13 patients or 46 percent of those in its ongoing Phase IIa trial saw increased tolerance to peanuts to 500 mg.

A common treatment used to break up the clots and prevent brain damage has become mired in controversy. The treatment, called tissue plasminogen activator (TPA), demonstrated in a clinical trial that the medicine could break up those blood clots and prevent brain damage.

New method saves time, increases yield and purity, and reduces protein preparation costs

Arrevus Inc. (www.arrevus.com), a biotechnology company focused on developing chaperone protein inhibitors for infectious diseases, today announced receipt of a $300,000 grant from the National Institute of Allergy and Infectious Diseases of the National Institutes of Health (NIH), to further research using one of its products, ARV-1502, for the treatment of antibiotic-resistant wound infections.