Multiple Sclerosis
Novartis AG (NVS) unveiled positive late stage test results on its experimental Multiple Sclerosis drug which it plans to file for FDA approval by the end of the year. Citi upgraded their recommendation for Novartis shares to buy subsequent to this news. The other MS drug makers Biogen, Elan, Teva Pharma, and Genzyme were [...]
Pfizer and Glaxo combine efforts in search for HIV medicine
Last week on April 16 th the two pharma giants GlaxoSmithKline and Pfizer anounced to collaborate in the field of HIV research. The joint venture will pool resources to develop and market HIV treatments and to create a new company still to be named (nature) based in the UK. This spin off will lead to a [...]
Categorized in Biotech/Pharma, Health Care
Swine Flu Outbreak
Recently a friend of mine commented that the bird flu seems to have disappeared since he hasn’t heard about it in the news lately. I tried to explain to him that it may not be as prominently covered by the media as the financial crisis, but it has definitely not disappeared. The swine flu outbreak [...]
Categorized in Biotech/Pharma, Health Care

