Erectile dysfunction (ED) used to be called impotence, until doctors decided on what the Merck Manual of Diagnosis and Therapy refers to as a "less pejorative" and more specific phrase. (BioWorld Financial Watch)
Talk about “validation.” The buzzword often used in discussing deals fits perfectly Genta Inc.’s potential $480 million agreement with Aventis SA to develop the former’s drug Genasense (G3139), the first antisense oncology compound - already in multiple Phase III trials - to target the Bcl-2 protein and boost the effectiveness of chemotherapy. (BioWorld Today)
As if implications of the Enron Corp. situation hadn't already messed things up enough for biotechnology (and just about every other sector that uses balance sheets and ledgers), another spawn of the scandal has reared its head for industry leaders to fear and loathe. (BioWorld Financial Watch)
Cellegy Pharmaceuticals Inc.’s stock tumbled more than 50 percent on news that the company is withdrawing the new drug application for Cellegesic, its nitroglycerin ointment for the treatment of pain from anal fissures. (BioWorld Today)
Saying it wants a more robust data package for the FDA-stalled cancer drug cetuximab, Merck KGaA is delaying until the first half of next year the European regulatory filing, but now aims to include colorectal data as well as the originally planned head and neck cancer study results. (BioWorld Today)