PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Arena Pharma And The Fat Lady’s Song

Category : Stocks

Updated with current stock price.

NEW YORK (TheStreet) — Last month, Arena Pharmaceuticals received a positive vote from the FDA’s Endocrinologic and Metabolic Drugs Advisory Committee for the use of lorcaserin to treat obesity. The company did an admirable job parrying panelists’ questions and the FDA’s skepticism and earned an 18-to-4 recommendation for approval, with one abstention. On Wednesday, Arena faces its next hurdle: the Prescription Drug User Fee Act (PDUFA) date for lorcaserin, better known as the FDA’s approval decision date for the obesity drug.

Lorcaserin might receive final approval this week, but I think a three-month delay or another complete response letter (CRL) is more likely. As I have said in the past, I expect the FDA will require a Risk Evaluation and Mitigation Strategy (REMS) to minimize inappropriate use of the drug and the risk of an unexpected safety debacle. (The sting of repeated obesity drug fiascos — American Home Products’ fenfluramine-phentermine, known as Fen-phen, and Abbott’s Meridia in the U.Ss, and Sanofi’s rimonabant in Europe — won’t go away any time soon.) Ultimately though, I think lorcaserin will be approved for sale in the US (and probably Europe, although a decision from European regulators won’t come until early-to-mid 2013). …

Click to view a price quote on ARNA.

Click to research the Drugs industry.

Link: Arena Pharma And The Fat Lady’s Song

Post to Twitter

Sanofi (SNY) and J&J (JNJ) present data for Type 2 diabetes treatments that show they’re more effective in lowering blood-sugar levels than Merck’s (MRK) $3.3B market leader Januvia. However, Lantus from Sanofi, which is already approved, and…

Category : Stocks

Sanofi (SNY) and J&J (JNJ) present data for Type 2 diabetes treatments that show they’re more effective in lowering blood-sugar levels than Merck’s (MRK) $3.3B market leader Januvia. However, Lantus from Sanofi, which is already approved, and canagliflozin from J&J, which isn’t, have their drawbacks. Post your comment!

Original post: Sanofi (SNY) and J&J (JNJ) present data for Type 2 diabetes treatments that show they’re more effective in lowering blood-sugar levels than Merck’s (MRK) $3.3B market leader Januvia. However, Lantus from Sanofi, which is already approved, and…

Post to Twitter

Keryx: Lessons From a Drug Failure

Category : Business

if !IE–>endif–>Content on this page requires a newer version of Adobe Flash Player.if !IE–>endif–>

NEW YORK (TheStreet) –
Observations and lessons from the blowups in Keryx Pharmaceuticals (down 65% to $1.75 per share) and Aeterna Zentaris (down 65% to 74 cents per share) due to the failure of the colon cancer drug perifosine:

1. Let’s look ahead before we look back. With perifosine essentially dead, Keryx must fall back on its second pipeline drug, the phosphate binder Zerenex. Unfortunately, Zerenex has very little value.

Click to view a price quote on KERX.

Click to research the Drugs industry.

Read the original post: Keryx: Lessons From a Drug Failure

Post to Twitter

Early Allergy Season: Sneezing Your Way to Profit

Category : Business

By Stephanie Landsman, Producer, “Squawk Box”

NEW YORK (CNBC) –While allergy sufferers pay the price for a warmer than usual winter, profits will likely bloom for pharmaceutical companies. So stop and smell the roses. This could provide a healthy boost to your portfolio.

It’s only March and pollen counts are setting record highs all over the Southeast. In New York City, trees are blooming several weeks ahead of schedule.

Read more here: Early Allergy Season: Sneezing Your Way to Profit

Post to Twitter