Today's Top Story | | | | - Pioneering botulism antitoxin from Cangene gets FDA nod
The FDA approved Cangene's Botulism Antitoxin Heptavalent to treat patients with suspected or documented exposure to all known botulinum neurotoxin serotypes. The horse plasma-based antitoxin is the only botulism treatment available for adults and for infants whose illness was caused by toxins other than types A and B. Because the drug holds an orphan-drug designation, it will get seven years of market exclusivity. Medscape (free registration) (3/25), Reuters (3/22) CHMP's Latest Opinions: Seven Positive, One Negative | The European Medicines Agency's Committee for Medicinal Products for Human use issued opinions for eight drugs of interest to the biopharma sector, including thumbs up for multiple sclerosis (MS) drugs from Biogen Idec Inc. and Genzyme Corp. It was good news, too, for Halozyme Therapeutics Inc.'s immunodeficiency drug HyQvia, Ariad Pharmaceuticals Inc.'s Iclusig and others. Find out the details. | | Health Care & Policy | | | | - Supreme Court holds hearing on patent settlement agreements
The Supreme Court held a hearing on Monday to consider whether drugmakers can settle patent lawsuits with generic-drug makers by making arrangements to block generics. The court seemed conflicted after an hour of oral arguments, with some justices worrying that the practice would delay cheaper drugs coming to the market and hurt competition, while the court also noted that sometimes the arrangements are valid. The Federal Trade Commission has been fighting the practice for more than 10 years and contributed a brief to the Supreme Court challenge. Drugmakers are defending such deals to avert patent litigation. FoxNews.com/Dow Jones Newswires (3/25), Reuters (3/22) - FDA extends review of GSK's H5N1 flu vaccine
The FDA has said it needs more time to consider whether to approve GlaxoSmithKline's H5N1 flu vaccine intended for use in the event of a pandemic. GSK said the delay was not because of questions raised about its H1N1 flu vaccine Pandemrix and narcolepsy. The agency asked for more time "due to an administrative matter that has recently been rectified," the drugmaker said. Reuters (3/25) - Va. law places restrictions on biosimilars
Virginia has passed legislation permitting the substitution of biosimiliar drugs for brand-name biologics -- but with restrictive conditions. Similar legislation has passed or is pending in several other states, and a key point in the bills is the requirement that the FDA certify that a biosimilar is interchangeable with the prescribed biologic medication. Pharmalot.com/Pharma Blog (3/22) Company & Financial News | | | | Food & Agriculture | | | | Industrial & Environmental | | | | | | | | The Buzz(CORPORATE ANNOUNCEMENTS) | | | | | News from BIO | | | | - BIOtechNOW
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