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Boston Scientific signed a temporary agreement with C.R. Bard to begin selling a Lutonix drug-coated inflatable balloon, which received FDA approval last October to re-open arteries in the thigh and knee when they are blocked as a result of peripheral artery disease. The device would compete with Medtronic’s In Pact Admiral, which received agency approval last month.

Hospira will collaborate with Pfenex  to exclusively develop and commercialize for worldwide sales Pfenex’s biosimilar candidate to Genentech’s Lucentis (ranibizumab injection), a vascular endothelial growth factor inhibitor indicated for neovascular (wet) age-related macular degeneration, macular edema following retinal vein occlusion, diabetic macular edema (DME), and diabetic retinopathy in patients with DME. According to the companies, Hospira agreed to pay Pfenex $51 million upfront once the collaboration receives antitrust approval. Hospira will be responsible for manufacturing and commercializing the product worldwide.

Actavis says the U.S. Federal Circuit Court of Appeals has issued a temporary injunction to prevent Actavis from further distribution of its generic version of Pulmicort Respules (budesonide inhalation suspension) 0.25, 0.5 mg, indicated to control and prevent asthma symptoms in children ages 12 months to 8 years, pending its consideration of AstraZeneca’s request for an injunction pending appeal.

The International AIDS Vaccine Initiative has received a grant of $350,000 from GSK to support implementation of the Human Vaccines Project, a public-private partnership designed to addres some of the key scientific challenges in vaccine development across diseases.

 

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