Abbott's XIENCE PRIME™ and XIENCE V® Receive Indications in Europe for Treatment of Patients with Diabetes
Abbott announced that both the XIENCE PRIME™ Everolimus Eluting Coronary Stent System(1) and the XIENCE V® Everolimus Eluting Coronary Stent System have received additional new CE Markings (Conformité Européenne) covering the treatment of patients with diabetes. Receiving these new indications among the European Union Member States validates the use of XIENCE PRIME and XIENCE V to treat patients with diabetes.
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New Merck Begins Operations
Merck & Co., Inc. (NYSE: MRK) outlined its global plans following the completion of Merck's merger with Schering-Plough Corporation. The new Merck is a global health care leader aimed at providing innovative, distinctive products and services that save and improve lives, while satisfying customer needs and creating long term shareholder value.
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Novartis announces USD 1 billion investment to build largest pharmaceutical R&D institute in China
Novartis announced a USD 1 billion investment over the next five years, increasing R&D activities in China and confirming Novartis' long term commitment to China's further economic development, health reform and improving the health care of the Chinese people. The Novartis investment will include a significant expansion of The Novartis Institute of BioMedical Research (CNIBR) in Shanghai.
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Heinrich Wieland Prize 2009 awarded for outstanding achievements in the synthesis of key natural products
Professor Steven V. Ley of the Cambridge University (UK) was awarded this year's Heinrich Wieland Prize in appreciation of his extraordinary scientific achievements in the fields of synthesis, structural analysis and biological characterization of natural products. The award endowed with EUR 50,000 was given to him at the Ludwig Maximilian University of Munich.
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AstraZeneca PLC Third Quarter & Nine Months Results 2009
Revenue in the third quarter increased by 10 percent at CER, but was up 5 percent on an actual basis as a result of the negative impact of exchange rate movements. Revenue benefited from strong growth of the Toprol-XL franchise in the US as a result of the market withdrawal by two generic competitors and from revenues from US government orders for vaccine for Novel Influenza A (H1N1); adjusting for these factors, global revenue increased by 5 percent.
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Novo Nordisk increased operating profit by 30% in the first nine months of 2009
Sales increased by 15% in Danish kroner and by 11% in local currencies:
Sales of modern insulins increased by 28% (24% in local currencies).
Sales of NovoSeven® increased by 15% (11% in local currencies).
Sales of Norditropin® increased by 15% (9% in local currencies).
Sales in North America increased by 29% (17% in local currencies).
Sales in International Operations increased by 18% (16% in local currencies).
AstraZeneca withdraws regulatory submissions for Zactima (vandetanib)
AstraZeneca has withdrawn the regulatory submissions for the use of ZACTIMA (vandetanib) 100mg in combination with chemotherapy in patients with advanced non-small cell lung cancer (NSCLC) from the US FDA and the European Medicines Agency (EMEA). The applications were submitted to regulatory agencies in June 2009.
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