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Companies
First Patient Enrolled in Study Evaluating S.M.A.R.T. Nitino Stent System in Leg Disease PDF Print E-mail
Biotechnology Companies
Written by Cordis Corporation   

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Tuesday, 09 September 2008 10:00

Warren, NJ., September 02, 2008: Cordis Corporation today announced the first patient enrollment in the STROLL trial, which will evaluate the safety and efficacy of the S.M.A.R.T. (R) Nitinol Self-Expandable Stent System in treating patients with obstructive superficial femoral artery (SFA) disease, also known as SFA atherosclerosis. The STROLL trial will support a planned PMA filing with the U.S. Food and Drug Administration that, if approved, will allow Cordis to market the S.M.A.R.T. (R) Stent for this important indication.

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CYPHER Sirolimus-eluting Coronary Stent Is Comparable to Bypass Surgery PDF Print E-mail
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Pharmaceuticals
Written by Cordis Corporation   

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Monday, 08 September 2008 12:00

Munich, Sepember 04, 2008 Data from the largest randomized trial of its kind performed to date indicate that the use of percutaneous coronary intervention (PCI) with the CYPHER Sirolimus-eluting Coronary Stent was comparable to bypass surgery (coronary artery bypass grafting or CABG) in key safety endpoints in patients with multi-vessel disease and diabetes. These data were presented here recently at the European Society of Cardiology meeting.

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Pharmos Corporation Announces That it Will Cease Operations in Israel PDF Print E-mail
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Biotechnology Companies
Written by Pharmos Corporation   

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Friday, 05 September 2008 08:00

Iselin, NJ, August 29, 2008: Pharmos Corporation [NASDAQ:PARS] today announced that effective October 31, 2008 it will cease operations in Rehovot, Israel, and manage those activities currently based in Rehovot out of the Company's US headquarters in Iselin, New Jersey.

The research programs in Israel are the CB2 receptor selective library of compounds, including preclinical development of PRS-639,058 for neuropathic pain. Additionally the Company has almost completed a Phase 2a trial with its proprietary 3% diclofenac NanoEmulsion cream for use as a topical treatment for osteoarthritis pain.

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Affymax, Inc. to Stop Trial for Chemotherapy-Induced Anemia PDF Print E-mail
Biotechnology Companies
Written by Affymax   

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Friday, 05 September 2008 07:00

Osaka, Japan and Palo Alto, California, August 29, 2008: Takeda Pharmaceutical Company Limited and Affymax, Inc. (Nasdaq:AFFY - News) today announced their agreement to suspend co-development of Hematide™ to treat chemotherapy-induced anemia and to focus all development efforts for Hematide™ on the treatment of chronic kidney disease related anemia. Takeda and Affymax continue to be encouraged by the potential of bringing Hematide, a convenient, once monthly treatment option, to the millions of chronic kidney disease patients suffering from anemia and believe this represents a significant opportunity for the two companies.

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Mylan Inc.'s Alphapharm Victorious in Patent Challenge PDF Print E-mail
Biotechnology Companies
Written by Mylan   

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Thursday, 04 September 2008 09:00

Pittsburgh, PA, August 29, 2008: Mylan Inc. today announced that its subsidiary Alphapharm Pty Limited won a favorable decision in patent litigation against it and Barr Laboratories Inc. relating to Galantamine Tablets, USP, the generic version of Ortho-McNeil's Razadyne (a registered trademark of Ortho-McNeill) Tablets, 4 mg, 8 mg and 12 mg.

On August 27, the U.S. District Court for the District of Delaware invalidated the sole "Orange Book" patent (U.S. Patent No. 4,663,318) asserted against Alphapharm by Janssen Pharmaceutica NV, Janssen LP and Synaptech Inc. Alphapharm was first to file an Abbreviated New Drug Application (ANDA), along with other generics companies, for Galantamine Tablets.

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