AUTHOR OF THIS BLOG

DR ANTHONY MELVIN CRASTO, WORLDDRUGTRACKER
Aug 012013
 
The prevalence of diabetes is growing globally, and with that the size of the diabetes drug market. There are more than 370 million people in the world with diabetes, about 90% of those with Type 2 diabetes. More children are developing the disease and more people are dying from diabetes, and so more and more people need treatment. Standard & Poor’s has estimated the annual market will hit $58 billion by 2018, from about $35 billion today.Read more:

http://www.fiercepharma.com/special-reports/10-top-selling-diabetes-drugs-2012?page=0,0&utm_medium=nl&utm_source=internal

 

 

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FDA Lifts Clinical Hold on Canada company Cangene’s Hemophilia Compound

 companies  Comments Off on FDA Lifts Clinical Hold on Canada company Cangene’s Hemophilia Compound
Jul 312013
 

 

 

FDA lifts clinical hold on Cangene’s hemophilia compound IB1001

WINNIPEG, July 29, 2013 /CNW/ – Cangene Corporation (Cangene) today announces that the U.S. Food and Drug Administration (FDA) has lifted the clinical hold previously placed on clinical trials evaluating the safety and efficacy of IB1001, a recombinant Factor IX (rFIX) product being developed for the treatment and prevention of bleeding episodes with hemophilia B.

http://www.pharmalive.com/fda-lifts-clinical-hold-on-cangenes-hemophilia-compoun

IB1001 is an intravenous recombinant Factor IX (rFIX) being developed for the treatment and prevention of bleeding episodes in people with hemophilia B. The IB1001 development program includes a comprehensive set of pharmacokinetic, safety, and efficacy data from a Phase 3 clinical trial in people affected by hemophilia B, including a surgery sub-study.

A biologics license application (BLA) was submitted to the U.S. Food and Drug Administration (FDA) in March 2012 and a Marketing Authorization Application (MAA) was submitted to the European Medicines Agency (EMA) in October 2011.

In July 2012, IB1001 was put on a clinical hold by the FDA due to a higher than expected rate of host cell antibody development in people treated with IB1001.

Cangene Corporation (TSX: CNJ) has completed its previously announced acquisition of the worldwide rights to investigational hemophilia compound IB1001 (recombinant FIX), as well as Inspiration’s rights to two product candidates in pre-clinical development: IB1007 (recombinant FVIIa) and IB1008 (recombinant FVIII) from Ipsen (Euronext: IPN; ADR: IPSEY) and Inspiration Biopharmaceuticals, Inc., in connection with Inspiration’s bankruptcy proceedings.

 

The transaction was slated to close on February 15, 2013.

Pursuant to the terms of the agreement, Cangene will pay approximately US $5.9 million upfront and up to $50 million in potential additional commercial milestones as well net sales payments equivalent to tiered double-digit percentage of IB1001 annual net sales.

http://canadianprivateequity.com/cangene-closes-56-million-acquisition-of-inspirations-ib1001-hemophilia-b-product/2013/02/20/

 

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Perrigo Buying Elan For $8.6B

 companies  Comments Off on Perrigo Buying Elan For $8.6B
Jul 302013
 

U.S. drugmaker Perrigo agreed to buy Ireland’s Elan for $8.6 billion in a deal that should allow the rapidly growing company to reduce its tax bill and boost its royalty stream.

Perrigo Co. said it would pay Elan Corp.’s investors $6.25 per share in cash and $10.25 in Perrigo stock, an 11% premium over Elan’s closing price on July 26. Elan shares in Dublin surged 13% higher to 12.58 euros ($16.71), above Perrigo’s offer price, following news of the takeover.

http://www.dddmag.com/news/2013/07/perrigo-buying-elan-86b

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Indian biopharma giant Biocon clocks revenue worth $121 mn

 companies, Uncategorized  Comments Off on Indian biopharma giant Biocon clocks revenue worth $121 mn
Jul 302013
 

 

Kiran Mazumdar-Shaw, chairman and managing director, Biocon.

Indian biopharma giant Biocon reported healthy growth of 22 percent for Q1 FY14 riding on the back of an increased geographical footprint in the emerging markets

 

Bangalore: Indian biopharma giant Biocon reported healthy growth of 22 percent for Q1 FY14. The firm clocked revenues worth $121 million (Rs723 crore), EBITDA of $29.50 million (Rs175 crore); and profit after tax (PAT) of $15.80 million (Rs94 crore).

Read more at: http://www.biospectrumasia.com/biospectrum/news/192549/how-biocon-clock-revenue-worth-usd121-mn#.UfdqX6I3CSo

biocon-s-india-focused-branded-formulations-vertical-as-well-as-research-services-continue-to-grow-at-a-steady-pace

Biocon’s India-focused branded formulations vertical as well as research services continue to grow at a steady pace

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B Family Album -Structural Biology: First structures of class B G protein-coupled receptors may aid drug hunts

 Uncategorized  Comments Off on B Family Album -Structural Biology: First structures of class B G protein-coupled receptors may aid drug hunts
Jul 292013
 
Two new G-Protein Coupled Receptor structures, the glucagon receptor (computer model with extracellular domain) and corticotropin-releasing factor receptor, showing their location on the GPCR family tree.

A computer model of a full-length glucagon receptor (left) and a crystal structure of a corticotropin-releasing factor receptor (right) add details of class B receptors to the class A structures already on the GPCR family tree.
Credit: Katya Kadyshevskaya
As many as 30% of drugs on the market target G protein-coupled receptors (GPCRs), a family of signaling conduits that snake back and forth across cell membranes. But there are several classes of these proteins, and scientists’ knowledge of the structures is almost entirely restricted to just one, the class A subtype. So drugs could be missing a lot of targets. Aim could improve, however, now that researchers have the first two reports of class B GPCR structures (Nature 2013, DOI: 10.1038/nature12357 and10.1038/nature12393
read all at
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Health Canada approves two GSK drugs for metastatic melanoma

 health canada, Uncategorized  Comments Off on Health Canada approves two GSK drugs for metastatic melanoma
Jul 262013
 

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Health Canada has approved two GlaxoSmithKline (GSK) drugs, Tafinlar(TM) (dabrafenib mesilate) and Mekinist(TM) (trametinib), for patients with unresectable or metastatic melanoma. Dabrafenib mesylate, which is a BRAF-inhibitor, is indicated as a monotherapy oral treatment for unresectable melanoma or metastatic melanoma in adult …http://www.gsk.ca/english/html/media-centre/2013-07-24.html

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Iron Oxide Nanoparticles Show the Way

 nanotechnology  Comments Off on Iron Oxide Nanoparticles Show the Way
Jul 262013
 

Iron oxide nanoparticles precisely direct stem cells to damage tissues, thereby increasing their therapeutic potential

Read more

http://www.chemistryviews.org/details/news/5039301/Iron_Oxide_Nanoparticles_Show_the_Way.html

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Probiotic Could Prevent Kidney Stones

 Uncategorized  Comments Off on Probiotic Could Prevent Kidney Stones
Jul 252013
 

The discovery of a gene’s function in E. coli and other bacteria might lead to a probiotic to prevent calcium-oxalate urinary stones, the most common type of kidney stone. Human cells can’t metabolize oxalate and high concentrations can result in painful blockages of the urinary tract.

http://www.dddmag.com/news/2013/07/probiotic-could-prevent-kidney-stones?et_cid=3386057&et_rid=523035093&type=cta

 

http://www.precisionnutrition.com/all-about-kidney-stones

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