• drugs, Pharma

    This Is Your Brain On New Improved Hydromorphone

    Neuromed announced Wednesday that it received $53 million for some advanced opioid studies, from some Canucks, other venture firms and that guy in the basement next door. The company is developing a once-daily treatment of hydromorphone, a pain-killer up to 10 times stronger than morphine. Hydromorphone only exists in the U.S. as an immediate-release drug […]

    / Aug 24, 2007 at 10:53 AM
  • Pharma

    Smart Ideas in Big Pharma

    GlaxoSmithKline’s new over the counter diet drug Alli is a hit, and providing an unexpected boost to the laundering services industry. Alli is a morbidly obese consumer favorite because it is the first FDA approved over the counter diet drug that doesn’t curb your appetite or make you perma-full. The drug works by preventing your […]

    / Jun 19, 2007 at 1:30 PM
  • Health, Pharma, Venture Capital

    VC goes for a herbal remedy

    Phytomedics raised $9mm in Series B funding from VC firms Burrill & Co. and New Zealand-based Inventages, signaling a new wave of emerging botanical drug companies (new term for herb peddlers) that are now FDA friendly. Phytomedics makes an arthritis drug from Chinese Thunder God Vine (you read that correctly) extract. The drug was FDA […]

    / Jun 13, 2007 at 12:00 PM
  • Pharma

    You know, I think an OxyContin is better than a Tic Tac, and way better than a Certs

    Purdue Pharma, maker of OxyContin, is set to pay $600mm in fines after pleading guilty to misleading doctors, patients, regulators, Rush Limbaugh and test animals about the drug. The company’s president, lawyer and former medical director also agreed to pay $34.5mm in fines after pleading guilty to “misbranding” charges. The $600mm fine is the third […]

    / May 10, 2007 at 11:43 AM
  • Pharma

    Incentives That Are Hardly Anemic

    Amgen and Johnson & Johnson pay doctors a whole lot of money to use the anemia drugs the companies produce to treat patients. Although the total sum is not disclosed, the New York Times found that Amgen paid out close to $1 for every $3 worth of drugs given in one practice alone. Translation – […]

    / May 9, 2007 at 3:20 PM
  • Pharma

    Just when you stopped believing in God

    Put down that Dawkins book and stop reading that Hitchens interview, there may be hope for divine intervention yet. In other big (HUGE) pharma news today, a pill that causes women to lose weight AND their inhibitions could be on the market in the next 10 years (right at the point when age will render […]

    / Apr 30, 2007 at 2:15 PM

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