Wyeth in Talks to Resolve Diet Drug Cases
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Drugmaker Wyeth WYE.N said on Tuesday  it is in talks with plaintiffs' lawyers to develop a structure  to settle cases of users of recalled diet drugs "fen-phen" who  opted out of a nationwide legal settlement.
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William B. Schultz, 59, partner at the Washington offices of Zuckerman Spaeder LLP, focuses on laws related to food, drugs, and the public interest. Those interests merged when he opposed a lawsuit filed by a patient advocacy group, the Abigail Alliance, which sought greater access to experimental drugs. Schultz, working on behalf of a different group of patient advocates, endorsed ...
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British regulators recommended on Monday that physicians restrict the use of the anti-depressant Efexor from drugmaker Wyeth because its use could have side effects for heart health and pose other potential risks that require more careful monitoring than other drugs in the class. Wyeth said it would challenge the decision, but its shares slipped 3 percent.
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Eli Lilly and federal prosecutors are discussing a $1 billion fine to settle a civil and criminal investigation into the companyâs marketing of the antipsychotic drug Zyprexa.
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BOSTON (CBS.MW) - A Food and Drug Administration team plans to meet Thursday with the British regulators who abruptly shut down Chiron Corp.
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The panel is examining claims that GlaxoSmithKline tried to suppress a doctorâs criticism of its drug Avandia.
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Wyeth said on Tuesday that U.S. regulators will review on an accelerated basis its experimental drug temsirolimus as a first line treatment for advanced renal cell carcinoma.
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Lawyers for thousands of people who contend that they were harmed by the diet drug combination fen-phen said yesterday that they would reject a comprehensive settlement offer from Wyeth. But the company said there was a "substantial show of interest" in the deal.
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WASHINGTON -- Former Yankees second baseman Chuck Knoblauch agreed Monday to talk to a House committee investigating drug use in baseball, and the session was postponed until later this week.
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U.S. Food and Drug Administration Acting Commissioner Lester Crawford on Friday agreed to meet with a top Republican lawmaker about the agency's handling of safety concerns over Merck & Co Inc.'s now-withdrawn painkiller Vioxx.
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The World Anti-Doping Agency could wind up looking into out-of-competition cases of athletes caught taking cocaine and other recreational drugs, its president said Monday.
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U.S. Food and Drug Administration  Acting Commissioner Lester Crawford on Friday agreed to meet  with a top Republican lawmaker about the agency's handling of  safety concerns over Merck & Co Inc.'s now-withdrawn painkiller  Vioxx.
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Wyeth WYE.N on Wednesday reported a  third-quarter profit, reversing a loss in the year-ago period,  when it took a $2 billion charge for liabilities from its  recalled "fen-phen" diet medicines.
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Wyeth is seeking US approval in the next 18 months of seven new drugs that may ultimately generate more than $6 billion in annual revenue, chief executive Robert Essner told analysts.
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Encysive gets set for a showdown with the FDA.
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Eli Lilly and Co  is in settlement talks with federal prosecutors regarding a civil and criminal investigation into Lilly's marketing of its top-selling schizophrenia drug Zyprexa, the New York Times reported on Wednesday.
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Drug maker Wyeth  is expected  to announce as early as today that it has received final  judicial approval of an amended settlement for diet drugs it no  longer sells, the Wall Street Journal reported on Wednesday.