Wyeth Backs Changes to Diet Drug Deal
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Wyeth WYE.N on Monday said it will  support proposed changes to a national settlement with former  users of its "fen-phen" diet drugs, allowing quicker  settlements for claims related to some of the less serious side  effects from the recalled appetite suppressants.
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Wyeth on Monday reported a quarterly  loss due to a $4.5 billion charge for its recalled "fen-phen"  diet drugs and warned of disappointing profit for 2005, sending  its shares down almost 8 percent.
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Wyeth WYE.N on Wednesday reported a  third-quarter profit that exceeded analysts' estimates,  compared with a loss a year earlier, when it took a large  charge relating to its recalled "fen-phen" diet medicines.
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The Food and Drug Administration agreed Friday to allow a drug currently used against advanced breast cancer to be prescribed to prevent the disease from recurring in women who have been treated for early forms of the disease.
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Wyeth  said on Monday that it received a second approvable letter from U.S regulators for bazedoxifene, a drug that helps prevent bone deterioration in post-menopausal women.
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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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NEW YORK, Jan 10  - Wyeth on Monday said it will  support changes in a nationwide legal settlement with users of  its "fen-phen" diet drugs, speeding up compensation to as many  as 40,000 people who say they were harmed by the recalled  medicines.
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WASHINGTON - The Food and Drug Administration yesterday gained broad new powers to ensure the safety of prescription drugs used by millions of Americans under a bill signed by President Bush.
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WASHINGTON -- The Food and Drug Administration warned consumers yesterday not to buy or use the supplements Actra-Rx or Yilishen because they contain an ingredient that could lower blood pressure to unsafe levels.
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Wyeth WYE.N said Monday it will  support a proposed amendment to a national settlement of less  serious claims from people who say they were damaged by its  diet drugs, potentially resolving much of the uncertainty that  has surrounded the settlement.
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Enbrel, the rheumatoid arthritis  drug sold by Amgen Inc. and Wyeth, can stop joint damage when  given to patients in combination with an older drug,  researchers said on Monday.
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Wyeth (NYSE:WYE PR) (NYSE:WYE) said Thursday its second-quarter profit rose about 13 percent as the drug maker posted strong sales of inflammatory disease drug Enbrel, pneumococcal vaccine Prevnar and other medicines.
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Wyeth WYE.N on Wednesday faced   accusations that one of its hormone replacement therapy (HRT)   drugs caused breast cancer in a 67-year-old woman as one of the   thousands of trials the drug maker is facing over the treatment   got underway.
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Wyeth WYE.N on Wednesday reported a  third-quarter profit compared to a year ago, when it took a  large charge for liabilities from its recalled "fen-phen" diet  medicines.
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The FDA has appoved a drug called alli, the first diet pill that can be bought without a prescription
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Wyeth, the largest maker of hormone-replacement medicines used during menopause, won dismissal of a lawsuit in Minnesota linking its Premarin and Prempro drugs to breast cancer.
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Wyeth launches a generic version of its own drug.