Pharmaceuticals in the News

http://www.thedailystar.net/newDesign/news-details.php?nid=116980 Pharma packaging shores up foothold Sayeda Akter The pharmaceutical industry is fast becoming self-sufficient in packaging and meets more than 90 percent of the need, which was previously import-dependent. Industry people said the local packaging industry is growing at a rate of 10 percent a year. Simultaneously, pharmaceutical companies are sourcing most primary and secondary packaging from local manufacturers. They... Read Full Story

Shares of Angiotech Pharmaceuticals (TSX: T.ANP, Stock Forum) surged 29% to $2.09 Thursday, as the Vancouver-based company reported that its corporate partner, Boston Scientific Corporation (NYSE: BSX, Stock Forum) has received U.S. FDA approval to market its TAXUS Liberté Long Paclitaxel-Eluting Coronary Stent System, a drug-eluting stent designed for long lesions. The company says Boston Scientific plans to launch the product in the U.S. next month. Back in May, the company received... Read Full Story

Shares of Angiotech Pharmaceuticals (TSX: T.ANP, Stock Forum) climbed 25% to $1.65 Wednesday, as the company announced that its corporate partner, Boston Scientific Corporation (NYSE: BSX, Stock Forum) has received approval from the U.S. Food and Drug Administration to market its TAXUS Liberté Atom Paclitaxel-Eluting Coronary Stent System. The system is designed for treating small coronary vessels and joins the TAXUS Express Atom Stent as the only drug-eluting stents approved for small... Read Full Story

Pharma staffers, despite working long hours in the wake of the shaky economy are beginning to express insecurity about their careers as a recent survey by the Pharmaceutical Manufacturing magazine found. The press release reports that the survey found that of the 400 readers worldwide participated in the survey, 64% feared job security. While in 2008 this figure was 55.8%, and 42.7% in 2007. It's a progressive trend that with each passing year the percentage of those expressing insecurity... Read Full Story

Nutritional supplement company Vital Pharmaceuticals, Inc. (“VPX”) of Davie, Florida, makers of the popular Muscle Power protein shake was disappointed when the U.S. Court of Appeals for the Ninth Circuit’s rendered its decision to uphold the May 6, 2009 Order granting a Preliminary Injunction in favor of Cytosports in the U.S. District Court for the Eastern District of California (Case No. 08-CV-02632). VPX respects the decision from the Ninth Circuit; however, they will continue to... Read Full Story

Using tiny gold particles and infrared light, MIT researchers have developed a drug-delivery system that allows multiple pharmaceutical drugs to be released in a controlled fashion. Such a system could one day be used to provide more control when battling diseases commonly treated with more than one drug, according to the researchers. "With a lot of diseases, especially cancer and AIDS, you get a synergistic effect with more than one drug," said Kimberly Hamad-Schifferli, assistant professor... Read Full Story

http://www.thedailystar.net/newDesign/news-details.php?nid=105557 Pharma sales upbeat Sayeda Akter Local pharmaceutical sales have grown to 21 percent in the April-June period, a rise from 19 percent in the first three months of this year, according to a report of a global pharmaceutical market intelligence agency. Intercontinental Marketing Services (IMS) published the quarterly report in August. Developed manufacturing process, newer investments in the sector and improved... Read Full Story

In this edition of the Brandjacking Index®, they return their focus to the online pharmaceuticals marketplace. They found plenty of exploits as con artists who hijack well-known brands for their own profit continue to thrive selling suspicious drugs. They also saw increasing evidence of worsening supply chain abuses, whereby illicit Business-to-Business (B2B) sellers of pills and active pharmaceutical ingredients continue to operate with impunity. Phishing attacks are at record levels, while... Read Full Story

http://www.thefinancialexpress-bd.com/2009/09/14/78952.html Square Pharma’s export rises 59 per cent FE Report The country’s largest drug manufacturer Square Pharmaceuticals Ltd. has registered a whopping 58.28 per cent rise in its export in the year ended March 31,2009. “Our exports amounted to Tk 336.34 million during the year as against Tk 212.50 million in the corresponding period of 2008,” according to the company’s latest annual report. Of the total export value, Tk 331.84... Read Full Story

http://www.theindependent-bd.com/details.php?nid=142218 Beximco Pharma donates Oseflu capsules for Swine Flu treatment Economic Reporter Leading drug manufacturer Beximco Pharmaceuticals Ltd. (BPL) on September 13 donated 5000 pieces of Oseflu (Oseltamivir) capsule to ICDDR,B as a gesture of BPL’s support for the swine flu affected community of the country. This donation was a part of BPL’s ongoing CSR activities as a response to this major public health problem. Beximco Pharma is... Read Full Story