One of Novartis' would-be blockbusters generated promising late-stage data as a therapy for chronic obstructive pulmonary disease. Compared with a standard treatment option for COPD, QAB149 demonstrated improved lung function at 12 weeks and 26 w...

Savient Pharmaceuticals announced on Sunday that the FDA issued a complete response letter for the drugmaker's gout drug Krystexxa (pegloticase), causing the company's shares to fall 38 percent in premarket trading on Monday. K...

Vaccine developer Novavax announced a new deal with Spain's health ministry and drugmaker ROVI Pharmaceuticals Tuesday afternoon, sending its stock soaring 35 percent in afternoon trading. Spanish officials have committed €60 ...

Acorda Therapeutics faces a long-awaited FDA advisory panel review today of its MS drug Fampridine, and Nasdaq stopped trading in the company's shares until the experts have voted on its fate.

Amgen shares got a boost this morning as researchers for the company continued to build a blockbuster case for their bone drug denosumab. In a late-stage comparison study, a group of cancer patients taking the drug did slightly better than a group...

Novartis cut the ribbon on a new North Carolina vaccines facility to munch fanfare Tuesday. However, products from the plant won't hit the shelves for a couple of years. Furthermore, high-speed techniques that bypass the lengthy process of incubating...

Glasgow Memory Clinic (GMC) is enrolling patients to test Dimebon-a promising candidate to treat Alzheimer's that might help improve a patient's memory, cognition and the ability to care for him or herself, BBC News reports. More than 1,000 selected...

Wilmington, DE-based Incyte announced today that it will get a hefty $150 million up front and a $60 million milestone payment on a new licensing deal with Novartis that could be worth more than $1 billion. In one fell swoop, Novartis has added two...

A new policy paper is highlighting ways to tailor open access and data sharing policies to fit the goals of research done in developing countries. In a paper appearing online in PLoS Medicine, researchers from the Malaria Genomic Epidemiology Network,...

China Nuokang Bio-Pharmaceutical, a company focused on hematological and cardiovascular drugs, has filed an IPO and will offer 4.5 million American Depositary Shares on the Nasdaq exchange at a price between $10 and $12. In its SEC filing announcing...