- Bristol and Sanofi restructure sales alliance on 3 drugs
Sanofi and Bristol-Myers Squibb revamped their marketing alliance for blood thinner Plavix, hypertension drug Avapro and a related drug named Avalide, in response to declining sales because of generic competition. The move would see Sanofi regain marketing rights to the three drugs in almost all countries, while Bristol would retain rights to sell Plavix in the U.S. through December 2019. Sanofi would pay Bristol royalties on worldwide sales of Avapro and Avalide and on sales of Plavix in all markets except the U.S. and Japan through 2018. Bristol would also receive $200 million at the end of 2018. Google/The Associated Press (10/3)  | Obesity Drugs: 'Useful Tools' With Lifestyle Modification | A good measuring stick for the likely acceptance and use of the two recently FDA-approved obesity drugs Qsymia (phentermine/topiramate) and Belviq (lorcaserin hydrochloride) came at Obesity 2012, the annual Obesity Society conference held in San Antonio recently. Find out the details. |  | Health Care & Policy |  |  | | - Barshefsky: TPP must protect biologics
Trans-Pacific Partnership negotiations offer the U.S. an opportunity to support companies' ability to innovate, writes Charlene Barshefsky, a former U.S. trade representative. The agreement must include strong protections for intellectual property, especially involving biologics, she writes. The Wall Street Journal (10/2) - Study shows efficacy of Janssen's Stelara for psoriasis
A 52-week study found that Janssen Pharmaceuticals' Stelara, or ustekinumab, was effective and well tolerated in patients with moderate to severe plaque psoriasis. "These findings further advance our understanding of biologics, not just in terms of efficacy, safety and tolerability but also health-related quality of life," University of Munich professor Jorg Prinz said. Pharmaceutical Business Review Online (10/2) - Celgene's Abraxane extends melanoma patients' survival in trial
A Phase III trial showed that metastatic melanoma patients who received Celgene's breast cancer drug Abraxane survived longer without their disease worsening compared with those treated with chemotherapy dacarbazine. Celgene aims to expand approval of Abraxane to include other kinds of cancer, including melanoma and pancreatic cancer. Reuters (10/2) Company & Financial News |  |  | | Industry Deals |  |  | | - Theravance, Alfa Wassermann agree to co-develop gastroparesis drug
Alfa Wassermann and Theravance agreed to collaborate on midstage clinical development of the latter's experimental gastroparesis drug velusetrag. Wasserman will fund the trials and in exchange, will get the option to commercialize the drug in selected markets including the EU, Japan and Canada. If it exercises that option, Wasserman would pay $10 million plus as much as $53.5 million in milestone fees and sales royalties. CBS News/The Associated Press (10/2) Food & Agriculture |  |  | | - German agency criticizes French health study of biotech corn
The German Federal Institute for Risk Assessment has cited flaws in the design and data presentation of a French study that reported rats fed diets of a biotech corn were at risk of cancer and premature death. The study didn't meet internationally recognized standards for carcinogenicity research and used too few animals, the institute said. "This means that the conclusions drawn by the authors are not supported by the available data," said Reiner Wittkowski, the institute's vice president. FoodNavigator (10/3) Industrial & Environmental |  |  | | News from BIO |  |  | | - BIOtechNOW
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