Nuvelo, Bayer say alfimeprase drug trial fails
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An experimental blood clot dissolver by Nuvelo Inc.  and its German partner Bayer  failed to meet its main goal in two late-stage studies, sending the U.S. biotechnology company's shares down more than 80 percent on Monday.
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U.S. regulators have rejected GlaxoSmithKline Plc's  experimental drug gepirone ER for adults with major depression.
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Its unique compound to fight the growth of cancer cells fails in trials.
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Bayer HealthCare, a U.S.-based unit  of Bayer AG , said on Monday it had stopped a  late-stage trial of Nexavar in patients with non-small cell  lung cancer, after an independent data monitoring committee  said it would not meet the main goal of improved overall  survival.
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The makers of some antidepressants never published the results of about a third of the drug trials that they conducted to win government approval,  a new analysis has found.
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A drug approved last year as a last-ditch hope for some lung cancer patients who didn&#39;t find relief from other forms of therapy has come up short in a large clinical trial.
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ASTRAZENECAâS anti-clotting drug Exanta is unlikely to win US approval in the near future, the company said as it revealed a delay with another new drug, Galida for diabetes.
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Maxim Pharmaceuticals Inc.  said a trial to confirm the benefit of its Ceplene drug failed to show an improvement in survival rates for patients with liver cancer, sending its shares plunging on Monday.
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A drug developed by Bayer AG and Onyx Pharmaceuticals shrank tumors in some liver cancer patients in a mid-stage trial and stabilized the disease, the companies said Wednesday.
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Drug makers failed to bounce back from a Thursday slide, with many drug stocks closing down Friday as drug giant Pfizer Inc. and generic drug challenger Alpharma Inc.
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Isis Pharmaceuticals Inc. ISIS.O on  Wednesday said a late-stage clinical trial involving its  experimental cancer drug failed to meet its main target and  reported a wider third-quarter loss.
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German drug group Bayer said Monday that it had halted trials of its leading cancer treatment Nexavar for one of the main forms of lung cancer.
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Novartis AG failed to give the government prompt, accurate reports about deaths of dogs treated with a painkiller in the same class of medicines now linked to heart problems in humans, US regulators have charged in a letter.
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U.S. patent officials have initially rejected claims for the basic patent on Pfizer Inc's blockbuster Lipitor cholesterol treatment, although the drug maker said on Monday it remained confident the patent would ultimately be upheld.
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Alpharma Inc. said Friday that a federal court dropped an order preventing the generic drug maker from launching its version of Pfizer Inc.
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LONDON - Drug manufacturer AstraZeneca PLC announced Friday that trials of its new lung cancer drug found it didn&#39;t help patients live longer.
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Pfizer Inc. on Tuesday said its experimental drug for a deadly form of stomach cancer proved safe and effective in a late-stage trial, prompting researchers to halt the study seven months ahead of schedule.