Pfizer Likely to Seek Approval of New Heart Drug in 2007
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Pfizer plans to ask or approval of torcetrapib, a heart drug crucial to the companyÂs future, despite evidence that the drug increases blood pressure.
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Sanofi-Aventis expects to get a decision from U.S. regulators by April 26 on whether it may sell anti-obesity pill and potential blockbuster Acomplia in the world's largest drug market, following a six-month review.
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Pfizer Inc. said on Monday it plans to sponsor a major clinical study to further assess the cardiovascular safety of its arthritis drug Celebrex following the withdrawal of Merck & Co.'s Vioxx, a drug in the same class.
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Not content with having a drug that might merely fight obesity and smoking, the company developing this eagerly anticipated pill will soon launch studies to see if it can treat and prevent clogged arteries and heart disease.
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Pfizer said today that it would sponsor a major clinical trial of Celebrex, its prescription arthritis pain medication, to assess the cardiovascular benefits of the drug.
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The results from the new clinical trial could increase the chances that the Food and Drug Administration will approve the drug for that use.
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Abbott Laboratories Inc. said on Tuesday said it is seeking U.S. regulatory approval for a drug to treat advanced prostate cancer that has spread through the body.
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If its latest drug isn't approved, the pharmaceutical could face trouble.
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Industry analysts are predicting US regulators this month will refuse to approve Merck &amp; Co.&#39;s new arthritis drug until at least 2006 because of heart attacks linked to its recalled sister drug Vioxx.
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Sales of its lead drug should expand in 2008.
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Less than a week after two sets of new data raised questions about the cardiovascular safety of two widely used painkillers, the Pfizer Inc.
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Pfizer plans to ask for approval of torcetrapib, a heart drug crucial to the companyÂs future, despite evidence that the drug increases blood pressure.
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Abbott Laboratories Inc. said on  Tuesday said it is seeking U.S. regulatory approval for a drug  to treat advanced prostate cancer that has spread through the  body.
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It takes another run at getting FDA approval for its lead drug.
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Drugmaker Pfizer Inc. PFE.N is under  investigation by state attorneys general from New York and  Connecticut in connection with improper promotion of drugs for  uses other than those approved by U.S. regulators, Pfizer said  in a regulatory filing.
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Swiss pharmaceutical company Roche Holding AG said Friday that a European Union body had moved toward possible approval this year of the cancer drug Avastin.
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Teva Pharmaceutical Industries Ltd.   said on Tuesday it could file 15 applications between 2009-2015   seeking approval for either new medicines, or for new uses or   stronger dosages for its drugs.