Local News

• Insecticide Movento(R) approved in United States and Canada  The new insecticidal active ingredient spirotetramat from Bayer CropScience has been granted regulatory approval in the strategically important markets in the United States and Canada. Spirotetramat will be marketed worldwide under the brand name Movento(R).
  Bayer July 03, 2008  
• Wyeth and Progenics receive approval from European Commission for RELISTOR  Wyeth Pharmaceuticals, a division of Wyeth, and Progenics Pharmaceuticals announced that the companies have received marketing approval for RELISTOR(TM) (methylnaltrexone bromide) subcutaneous injection from the European Commission.
  Progenics Pharmaceuticals, Inc. July 03, 2008  
• Bayer HealthCare acquires hematology development portfolio featuring MAXY-VII from Maxygen  Bayer HealthCare is expanding its commitment to hemophilia with the acquisition of Maxygen's hemophilia program assets, including a next-generation recombinant Factor VIIa protein known as MAXY-VII. The lead therapeutic candidate is expected to enter Phase 1 clinical testing in 3Q 2008.
  Bayer July 02, 2008  
• Thermo Fisher Scientific acquires Open Biosystems, creating unmatched RNAi platform  Thermo Fisher Scientific announced that it has acquired Open Biosystems, a provider of RNA interference (RNAi), gene expression and protein detection products for life science research and drug discovery and development. The acquisition expands the company's leadership position in the RNAi field.
  Thermo Fisher Scientific Inc. July 02, 2008  
• Summary judgment granted for SEROQUEL patent litigation in the US  AstraZeneca announced that the US District Court for the District of New Jersey has granted the company's Motion for Summary Judgment of No Inequitable Conduct. AstraZeneca had sued Teva Pharmaceutical Industries and Sandoz alleging infringement of AstraZeneca's patent.
  AstraZeneca July 02, 2008  
• Monsanto Company completes acquisition of Semillas Cristiani Burkard  Monsanto announced that it has completed its proposed acquisition of Marmot, which operates Semillas Cristiani Burkard (SCB), a privately-held seed company headquartered in Guatemala City, Guatemala. SCB is the leading Central American corn seed company focused on hybrid corn production.
  Monsanto Company July 02, 2008  
• FDA approves PROMUS Everolimus-Eluting Coronary Stent System  Boston Scientific announced that the U.S. Food and Drug Administration (FDA) has approved the PROMUS(TM) Everolimus-Eluting Coronary Stent System for the treatment of coronary artery disease. The PROMUS Stent is a private-labeled XIENCE(TM) V Everolimus-Eluting Coronary Stent System.
  Boston Scientific Corporation July 02, 2008  
• National cancer experts meet in Louisville to discuss future of cancer care  A panel of national cancer experts discussed issues surrounding the disease during a symposium entitled "Discovery to Delivery: A Public Forum about the Future of Cancer Research." The event was hosted by the University of Louisville's James Graham Brown Cancer Center and Friends of Cancer Research.
  Business First of Louisville July 02, 2008  Ben Adkins
• 3M completes acquisition of IMTEC Corp.  3M announced that it has completed its acquisition of IMTEC Corp., a manufacturer of dental implants and cone beam computed tomography (CBCT) scanning equipment for dental and medical radiology headquartered in Ardmore, Okla.
  3M July 02, 2008  
• Palatin Technologies announces amendment expanding AstraZeneca obesity collaboration  Palatin Technologies announced that AstraZeneca and Palatin have amended their exclusive global licensing and research collaboration agreement to discover, develop and commercialize compounds that target melanocortin receptors. The original agreement was effective in January 2007.
  Palatin Technologies, Inc. July 01, 2008  

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