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UPDATE 4-Akzo sets target of one new drug filing a year... Wilderbeek said he hoped to provide investors with some data on pivotal Phase III clinical studies of the medicine later in the year. Shares in Akzo Nobel were 2.2 percent lower at 44.30 euros by 1345 GMT, after hitting their highest level in nearly four years on Friday, helped by M&A activity in the European sector after Bayer (BAYG.DE: Quote, Profile, Research) agreed to buy Schering (SCHG.DE: Quote, Profile, Research). "There's nothing new on Akzo's filing plans. Also, shares were up last week on news about Bayer and Schering. There may be some profit taking today," one trader in Amsterdam said. Among other products, Akzo is currently awaiting U.S. approval for its contraceptive drug Implanon and hormone therapy drug Livial, and expects to submit sugammadex used in anaesthesia next year. A new fertility product, Org 36286, is planned for submission in 2008 - a delay from 2007 - and a new contraceptive NOMAC/E2 is expected to be filed in 2009. A filing for an insomnia treatment Org 50081 is planned in 2010 - a delay from 2008. Continued ... © Reuters 2006. All Rights Reserved. 1 RSS About Re... Akzo sets target of one new drug filing a year... Shares in Akzo Nobel were 2 percent lower at 44.39 euros by 0930 GMT, after hitting their highest level in nearly four years on Friday, helped by M&A activity in the European sector after Bayer (BAYG.DE: Quote, Profile, Research) agreed to buy Schering (SCHG.DE: Quote, Profile, Research). "There's nothing new on Akzo's filing plans. Also, shares were up last week on news about Bayer and Schering. There may be some profit taking today," one trader in Amsterdam said. Akzo, one of Europe's last chemical-pharmaceutical hybrids, plans to list up to 40 percent of its pharma and animal health operations in the second half of 2006. Investors welcomed the planned break-up of the group when it was announced last month, and Wilderbeek said Akzo now planned to demonstrate the potential of a promising drug pipeline that has been largely hidden inside the larger conglomerate. "We've been able to unlock value. Today we have six products either in Phase III (clinical trials) or in filing (for regulatory approval)," he said. "We are working toward at least one planned major filing per year." BIG IN NICHE AREAS Industry experts say medium-sized drug makers are struggling to compete in a global pharmace... This Just In: Mason County... The State also alleges the Lilly Company marketed its drug to physicians for uses not approved by the FDA. The State is seeking three times the amount Medicaid paid to the Lilly Company and compensation for all legal fees, in addition to the Lilly Company creating a fund to pay for all future injuries caused by the drug's use. Case number: 06-C-31March 10Louise H. Caynor vs. Fruth Pharmacy, Inc.PA - James M. Casey J - Thomas C. Evans III* The plaintiff, Louise Caynor, is suing Fruth Pharmacy for what she claims was the company's negligence to remove dangerous objects from her pathway or to warn her of their presence when she was shopping in defendant's place of business in March of 2004. Caynor claims that a wheel protruding from the bottom of a display caused her to fall and caused her to suffer serious and permanent injuries. The plaintiff seeks an unspecified amount of compensatory damages, in addition to compensation for legal fees. Case number: 06-C-35 E-mail this article to a friend | Printer friendly format SEARCH Search for: READER POLL Is Dante DiTrapano guilty? Yes No Not sure Total Votes: 23 View Results ISSUES Asbestos Class Action Insurance Legislature... 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | All news |
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