Eli Lilly CEO’s 2009 Compensation Totaled $16.4 Million

Posted on 09 February 2010

Proxy season! Time, once again, to learn how much the captains of industry are pulling down.
First up for the Health Blog this year is Eli Lilly, which just filed its preliminary proxy.
John Lechleiter, the company’s CEO, had a package totaling $16.4 million, according to an analysis by Dow Jones Newswires. That includes $1.48 million in [...]

Popular antidepressant interferes with cancer drug

Posted on 09 February 2010

The popular antidepressant drug Paxil may interfere with breast cancer treatments, making patients more likely to relapse and die, researchers in Canada reported on Monday.
Women who took GlaxoSmithKline’s Paxil while taking tamoxifen at the same time were more likely to die of their breast cancer, the researchers found. The longer the overlap between Paxil and [...]

FDA: Risk builds up with Tysabri infusions

Posted on 09 February 2010

FDA sent out a new Tysabri warning Friday, one emphasizing that the risk of a rare brain infection increases as treatment continues. Biogen Idec, which markets the multiple sclerosis drug, said the FDA’s warning–and revision of Tysabri’s labeling–was not new. ”Either it was included as part of our last label update or it was information that [...]

Pfizer launches emerging-markets discounts

Posted on 09 February 2010

In a bid to make it easier for emerging-markets customers to buy its drugs, Pfizer has launched an discount-card system that offers price cuts of up to 50 percent. The company is unveiling the program in Russia this month, looking to attract 500,000 patients over the next year or so. And it’s aiming for fast-growing [...]

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Business of Health

Lackluster cancer drug sales hit Roche profit

Posted on 03 February 2010

Roche Holding AG missed full-year profit forecasts due to disappointing sales of key cancer drugs and gave a Lackluster outlook for 2010, pointing up the wider challenges facing global drugmakers.
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Roche has focused on developing promising new drugs rather than cutting costs as a way to combat looming patent losses, but still faces some of the [...]

Drug Development

FDA questions Cell Therapeutics’ pixantrone

Posted on 09 February 2010

Ahead of Wednesday’s advisory committee meeting, FDA staffers have raised questions about Cell Therapeutics’ lymphoma drug pixantrone. The developer is hoping to market the therapy, also known as Pixuvri, as a treatment for patients with non-Hodgkin’s lymphoma that hasn’t responded to other treatments.
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The agency has concerns about both the drug’s effectiveness as well as its safety [...]

Neurological Disorders

Prions ‘may keep nerves healthy’

Posted on 25 January 2010

Experiments on mice may help scientists understand the workings of the prion protein linked to brain disease vCJD.
Swiss researchers say there is evidence that prions play a vital role in the maintenance of the sheath surrounding our nerves.
They say it is possible that an absence of prions causes diseases of the peripheral nervous system.
One expert [...]

News Wire

Eli Lilly CEO’s 2009 Compensation Totaled $16.4 Million

Posted on 09 February 2010

Proxy season! Time, once again, to learn how much the captains of industry are pulling down.
First up for the Health Blog this year is Eli Lilly, which just filed its preliminary proxy.
John Lechleiter, the company’s CEO, had a package totaling $16.4 million, according to an analysis by Dow Jones Newswires. That includes $1.48 million in [...]

Pharmaceutical Industry

Popular antidepressant interferes with cancer drug

Posted on 09 February 2010

The popular antidepressant drug Paxil may interfere with breast cancer treatments, making patients more likely to relapse and die, researchers in Canada reported on Monday.
Women who took GlaxoSmithKline’s Paxil while taking tamoxifen at the same time were more likely to die of their breast cancer, the researchers found. The longer the overlap between Paxil and [...]