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APNewsBreak: NY bid to halt Alzheimer's drug swap
2014-09-16 02:32:12| Biotech - Topix.net
New York's attorney general filed a federal lawsuit Monday seeking to stop a manufacturer from discontinuing its drug widely used to treat Alzheimer's patients, arguing the company is illegally driving patients to its newer patented drug to avoid losses from cheaper generic alternatives coming out next year. Attorney General Eric Schneiderman alleges anti-trust and state law violations by Dublin-based Actavis PLC and New York subsidiary Forest Laboratories, which Actavis recently acquired for $28 billion.
APNewsBreak: NY bid to halt Alzheimer's drug swap
2014-09-16 02:32:11| Biotech - Topix.net
New York's attorney general filed a federal lawsuit Monday seeking to stop a manufacturer from discontinuing its drug widely used to treat Alzheimer's patients, arguing the company is illegally driving patients to its newer patented drug to avoid losses from cheaper generic alternatives coming out next year. Attorney General Eric Schneiderman alleges anti-trust and state law violations by Dublin-based Actavis PLC and New York subsidiary Forest Laboratories, which Actavis recently acquired for $28 billion.
RPT-Gilead to raise price for new hepatitis C drug above $84,000
2014-09-13 15:27:46| Biotech - Topix.net
The next generation version of Gilead Sciences Inc's $84,000 hepatitis C drug, already under fire for its record-breaking costs, is going to be even more expensive. Gregg Alton, Gilead's executive vice president of corporate and medical affairs, declined to give an exact price for the new medicine, the first all-oral treatment for the virus which is expected to launch next month.
Tags: price
drug
raise
hepatitis
Lilly cancer drug fares well in late-stage study
2014-09-12 18:37:39| Biotech - Topix.net
Eli Lilly and Co. said Friday its potential colorectal cancer drug Cyramza helped patients on chemotherapy with advanced cases of the disease survive longer than patients on chemotherapy alone.
FDA approves weight-loss drug Contrave
2014-09-11 17:36:24| Biotech - Topix.net
U.S. regulators are greenlighting a new weight-loss drug called Contrave, the third in a string of approvals for anti-obesity treatments. The drug was developed by Orexigen Therapeutics Inc., based in La Jolla, California.
Tags: drug
fda
approves
weightloss
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