Archive for November, 2008

HealthDay - Antidepressant as Good as Antipsychotics for Dementia

Sunday, November 30th, 2008

The antidepressant citalopram (Celexa) may be as effective as often-prescribed antipsychotic drugs to control the agitation and psychotic symptoms associated with dementia, a new study suggests.
Agitation and psychotic symptoms are often more disturbing than the memory loss associated with Alzheimer’s and other forms of dementia and are also the…

Pharmacy News - Schizophrenia drug for kids.

Thursday, November 27th, 2008

CAMBRIDGE, Mass. — Alkermes, Inc. (NASDAQ: ALKS) announced today that its corporate presentation will be webcast live by CIBC on Tuesday, November 6, 2007 at 9:45 a.m. EST. The presentation will be webcast from the Waldorf-Astoria Hotel in New York and may be accessed under the investor relations tab at www.alkermes.com. The presentation will be archived for 14 days.

Related Results

Business Wire - IMS Health Predicts 5 to 6 Percent Growth for Global Pharmaceutical Market in 2008, According to Annual Forecast

Tuesday, November 25th, 2008

Johnson & Johnson’s Belgian subsidiary Janssen-Cilag last week announced 688 layoffs at two of its plants in that country, according to The Associated Press. Johnson & Johnson had announced in July it would cut up to 4,820 jobs worldwide-or 4 percent of its work force-following declining sales of its heart stents and anemia drug Procrit, and patent expirations coming up for two other drugs in the next two years.
Janssen-Cilag, …

News: Alkermes Announces Third Quarter Fiscal 2008 Results. …

Thursday, November 20th, 2008

Alkermes, Inc. (NASDAQ: ALKS) today announced financial results
for its third quarter of fiscal 2008. Financial highlights for the
quarter ended December 31, 2007 include:

— Sixth consecutive profitable quarter on a GAAP basis, with net
income of $168.9 million. Net income for the third quarter
included proceeds from the sale of the company’s stake in
Reliant Pharmaceuticals, Inc.

— Quarterly revenues of $50.8 million. World…

Coping techniques for children (including boys) who have early development of breasts

Tuesday, November 18th, 2008

Gynecomastia (Male breast growth)
Male breast growth has significant emotional consequences for a pre-pubescent or adolescent boy. This condition is often an invitation for teasing from peers. Most boys faced with this tend to hide their chest when in public or to stay out of group activities altogether. Typically, boys suff…

NJBIZ - Product Probe

Friday, November 14th, 2008

Health care giant Johnson & Johnson in New Brunswick received separate subpoenas from three different U.S. attorney’s offices seeking information about its oversight of the marketing of three drugs sold by J&J subsidiaries. The products are Risperdal, a t…

HealthDay - FDA Approves Generic Risperdal

Tuesday, November 11th, 2008

The first generic versions of the antipsychotic drug Risperdal (risperidone) were approved Monday by the U.S. Food and Drug Administration.
The generic versions in several strengths will be manufactured by Teva Pharmaceuticals USA. They will have the same boxed warnings as the brand name drug, produced by Janssen Pharmaceuticals.

Related…

Business Wire - Alkermes Announces Placement of $170 Million in Non-Recourse Notes Secured by Risperdal Consta Revenues

Thursday, November 6th, 2008

CAMBRIDGE, Mass. — Alkermes, Inc. (Nasdaq: ALKS) today announced that it has closed with institutional investors a private placement of 7% secured notes due 2018 with a face amount of $170 million. The transaction resulted in proceeds to Alkermes of approximately $145 million after allo…

Business Wire - Alkermes Announces Proceeds of Up to $174 Million from Sale of Stake in Reliant Pharmaceuticals and Plans to Repurchase Shares of Its Common Stock

Monday, November 3rd, 2008

The FDA has approved Risperdal Consta for treating schizophrenia. The product, marketed by Janssen Pharmaceutica …

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