HRT Reduces Heart Attack Risk

The dispute around the safety and benefits of taking HRT (hormone replace therapy) has taken another turn, after a study found that long-term use of the therapy considerably reduced heart attacks and heart failure, without raising the danger of cancer, blood clots or stroke. In the study, which was published in the British Medical Journal,

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Progenics Makes Further Job Cuts

Progenics Pharmaceuticals are laying off more than a quarter of their workforce after failing to gain extended approval for their constipation drug, Relistor. The organisation noted that they are ending several early-stage research projects in order to concentrate on their cancer programmes, in particular a Phase II study of PSMA ADC, a human monoclonal antibody-drug

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J&J Resolves ADHD Lawsuit with Impax Labs and Teva

Johnson & Johnson (J&J) have established a new deal to settle a patent disagreement regarding their attention-deficit hyperactivity disorder (ADHD) drug, Concerta. Impax Laboratories and partner Teva Pharmaceutical Industries launched a lawsuit against Johnson & Johnson’s Janssen Pharmaceuticals and Alza Corp units.  Impax Laboratories announced on Friday that the lawsuit has now been settled after

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Agennix Cuts 55% of Jobs

After the failure of their experimental lung cancer drug, talactoferrin, in a late-stage clinical trial, Germany’s Agennix announced on Friday that they are reducing their workforce by roughly 55%. The restructuring plan will result in 37 jobs being lost and the firm’s Houston, USA site being closed down.  Around 30 staff will remain in the

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Competition Warning for Eight NHS Trusts

Eight NHS hospital trusts have provided guarantees to the Office of Fair Trading (OFT) that they will stop exchanging commercially-sensitive information about their Private Patient Unit (PPU) prices, and ensure that they conform to competition law. The Office of Fair Trading confronted members of the Southern Region Private Healthcare Association (SPHA) earlier this year, after

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