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Opexa Therapeutics Reports Year End 2011 Financial Results and Provides Corporate Update

Posted: Published on February 28th, 2012

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Opexa Therapeutics, Inc. (NASDAQ:OPXA - News), a biotechnology company developing a novel T-cell therapy for multiple sclerosis (MS), today reported financial results for the year ended December 31, 2011 and provided an overview of corporate developments during the last year. 2011 highlights include: Clinical and Regulatory Granted Fast Track designation by the U.S. Food and Drug Administration (FDA) for Tovaxin® for the treatment of patients with Secondary Progressive Multiple Sclerosis (SPMS); Published the results of the Company’s prior Phase IIb TERMS clinical trial of Tovaxin in a leading peer-reviewed publication, Multiple Sclerosis Journal; Executed strategic agreements with the American Red Cross and the Blood Group Alliance, Inc. to streamline blood procurement for future clinical trials; and Met with Health Canada’s Biologics and Genetics Therapies Directorate as part of the process to secure approval for Opexa to conduct a portion of future clinical development in Canada. Operational Optimized the manufacturing process through the implementation of a functionally closed system and single cycle cGMP process; Advanced overall clinical plans for Tovaxin and clearly defined the study protocol for the planned Phase IIb clinical trial in SPMS; Increased employee headcount thereby strengthening our overall cell therapy expertise in preparation … Continue reading

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Alonso Krangle LLP Conducting Yaz Lawsuit Investigation Due to Alleged Yaz Side Effects of Blood Clots, Heart Attacks …

Posted: Published on February 28th, 2012

Alonso Krangle LLP conducting an investigation into Yaz lawsuits due to side effects allegedly caused by Yaz birth control pills, including blood clots, deep vein thrombosis, pulmonary embolism, heart attack, stroke and sudden death. Melville, NY (PRWEB) February 28, 2012 The founding partners of Alonso Krangle LLP, Attorneys Andres Alonso and David Krangle are focused on fighting for the rights of victims due to drug side effects, continue to investigate harmful Yaz side effects allegedly caused by Yaz birth control pills. Alonso Krangle LLP is currently offering free Yaz lawsuit evaluations to any woman, or their family, who may have sustained serious injuries or life-threatening side effects because of Yaz including: Blood clots Heart attack Stroke Sudden death Pulmonary Embolism Deep vein thrombosis If you have been injured and need help regarding a potential Yaz lawsuit claim with one of the compassionate and experienced defective drug lawyers at Alonso Krangle LLP, please contact us at 1-800-403-6191 or visit our website, http://www.FightForVictims.com. Yaz Lawsuits and Yasmin Lawsuits Update Attorney Andres Alonso of Alonso Krangle LLP is presently serving as a member of the Plaintiffs’ Steering Committee in regards to the present litigation of more than 10,000 personal injury Yaz lawsuits and … Continue reading

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Takeda’s TAK-875 Fights Diabetes as Well as Older Drug in Study

Posted: Published on February 28th, 2012

February 27, 2012, 10:27 PM EST By Simeon Bennett Feb. 27 (Bloomberg) -- Takeda Pharmaceutical Co.’s experimental diabetes drug lowered blood sugar as much as an older generic medicine with fewer side effects, a company- sponsored study found. In a trial of 426 patients with Type 2 diabetes, TAK-875 reduced blood sugar below a pre-determined level in as much as 48 percent of those receiving it after 12 weeks, compared with 40 percent of those who got glimepiride, the older drug, according to findings published online by The Lancet medical journal today. The research was presented in June at the American Diabetes Association’s annual meeting in San Diego. Takeda is testing TAK-875 in the third and final stage of patient studies usually required for regulatory approval. The Osaka, Japan-based company seeks products to replace sales of Actos, the world’s best-selling diabetes treatment, that will be lost when the therapy’s patent protection ends this year. About 90 percent of the 285 million people worldwide with diabetes have Type 2, the form that TAK-875 is designed to fight. The pill belongs to a new class of treatments called GPR40 agonists, which activate a receptor that stimulates and regulates insulin production. New treatments … Continue reading

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2 Health Care Stocks Hitting 52-Week Highs: MHS, ISRG

Posted: Published on February 28th, 2012

NEW YORK (TheStreet) - Medco Health Solutions(MHS) and Intuitive Surgical(ISRG) both hit 52-week highs on Monday. Both stocks are rated buy at TheStreet Ratings. Medco Health Solutions The pharmacy benefit manager got a boost as expectations grew that it would be able to complete its planned merger with Express Scripts(ESRX), according to The Wall Street Journal, which cited a report by anti-trust research firm MLex as saying it expects the combination to win anti-trust approval. The company also reported its above-consensus fourth-quarter earnings last week. "New business trends were more positive than we expected, as the company has won $2.6 billion in gross new business in 2012," William Blair analysts wrote in a Feb. 21 report. "While net new wins are still negative for the year (given previously disclosed losses), there have been no new significant losses since the third-quarter call, suggesting net new business wins over the past three months were also about $1 billion." Shares of Medco Health Solutions hit a 52-week high of $68.40. The stock's 52-week low of $44.60 was set on Oct. 4. Medco Health Solutions has an estimated price-to-earnings ratio for next year of 14.06; the average for health care providers is 18.75. For … Continue reading

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QualityStocks News – Access Plans to be Acquired by Aon Affinity for $70M

Posted: Published on February 28th, 2012

Acquisition agreement reflects “natural step” for Access Plans as it becomes part of a leading risk advisory firm. Scottsdale, AZ (PRWEB) February 27, 2012 QualityStocks would like to highlight Access Plans, Inc., a publicly traded membership and insurance marketing company, with three complementary distribution channels offering multiple opportunities for growth. The Wholesale Plans Division specializes in turnkey, private label membership benefit plans offered through retail outlets including rent-to-own centers. The Retail Plans Division markets healthcare-related discount products and services to consumers through third party marketers. Program components in both membership plan divisions range from medical, dental and pharmacy discounts to grocery, restaurant, automotive, travel and other consumer discounts. The Insurance Marketing Division comprises America’s Health Care Plans, one of the nation’s largest independent agent networks for distributing individual major medical health insurance. In the company’s news today, Access Plans announced it will be acquired by Aon Affinity, a unit of global risk management business, Aon Corporation. Per the agreement, Aon Affinity will acquire all Access Plans outstanding shares and options to acquire the company’s common stock for cash consideration of approximately $70.1 million, subject to adjustment for various necessary and closing expenses; assuming a net cash amount of $15.0 million, … Continue reading

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Wyoming House Passes Welfare Drug-Testing Bill

Posted: Published on February 28th, 2012

POSTED: 11:29 am MST February 27, 2012 UPDATED: 9:45 pm MST February 27, 2012 CHEYENNE, Wyo. -- The state of Wyoming is one step closer to passing a bill that would require some welfare recipients to undergo drug testing.It passed the full House on its third reading Monday.Nearly two dozen states are currently considering similar legislation.Should people in need have to trade a clean drug test for welfare benefits?It's a question that has sparked passionate debate in the Wyoming House of Representatives this week."We're just trying to help eliminate that lifestyle of dependency on both drugs and the government system," said Rep. David Miller, R-Riverton.Miller is backing a bill that would require individuals to pay for and take a drug test when they apply for the state's "POWER" program.According to the Department of Family Services, "POWER" currently distributes an average of $500 per month to 338 people who are working or looking for work."I don't think it's really excessive to ask a person to do this," said Miller.But others disagree, like Jackson representatives Keith Gingery and Ruth Ann Petroff. Both pointed to Florida, where just last fall a judge ruled a similar law was unconstitutional based on the Fourth Amendment."I … Continue reading

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B.C. deals with shortage of drugs, including morphine, from Quebec facility

Posted: Published on February 28th, 2012

VICTORIA - Health officials in B.C. are working to deal with a shortage of drugs, including the pain killer morphine, that's the result of problems at a Quebec pharmaceutical company. Sandoz Canada has been forced to reduce production at its site in Boucherville after the U.S. Food and Drug Administration raised safety and reliability issues at the facility. An agency of the B.C. Health Ministry called Health Shared Services BC says it's working with regional health authorities to deal with the problem. The agency says that includes monitoring all current supplies of Sandoz products, co-ordinating their distribution, finding alternative products and working on the issue with the B.C. Medical Association, pharmacists and Health Canada. Most of the products are injectable drugs like morphine used in hospitals, as well as a few topical eye products, and hospital patients will be most affected. The government says patients should not be concerned but if they have any questions, they should call their doctor. View original post here: B.C. deals with shortage of drugs, including morphine, from Quebec facility … Continue reading

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Targeted Cancer Drugs Market Analysed by Espicom in New Topical Report Now Available at MarketPublishers.com

Posted: Published on February 28th, 2012

LONDON--(BUSINESS WIRE)-- The end of 2011 saw the US approval of two new molecularly-targeted cancer drugs, alongside companion diagnostic tests that identify the patients most likely to benefit from treatment. Pfizer's Xalkori (crizotinib) and Roche's Zelboraf (vemurafenib) were both approved following a priority review, highlighting the importance that the FDA has placed on hastening the passage of these therapies to market. With sales of many blockbuster drugs being cannibalised by generic competitors, pharmaceutical and biotechnology companies are populating their pipelines with candidates directed at novel targets, enhancing development and commercialisation potential. The opportunities for small and medium-sized companies is increasing as the dynamic of the market changes. New market research study "Targeted Cancer Drugs: The Launch Landscape to 2018" prepared by Espicom examines the current market for targeted cancer drugs, with an overview of both products and players. It covers statistics, competitive rankings, timelines and sector share comparisons. Looking ahead, the report identifies 79 new candidates that are currently under a minimum of Phase II development for solid tumours and provides a timeline detailing estimated launch dates to 2018. Report Details: Title: Targeted Cancer Drugs: The Launch Landscape to 2018 Published: February, 2012 Pages: 306 Price: US$ 2,265 http://marketpublishers.com/report/medicine_pharmaceuticals_biotechnology/healthcare_equipment_services/targeted_cancer_drugs_launch_landscape_to_2018.html Report … Continue reading

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Many drugs are 'non-vegetarian'

Posted: Published on February 28th, 2012

27 February 2012 Last updated at 21:29 ET People who choose not to eat animal products may be unaware that common medicines could contain them, a study suggests. Many tablets and liquid medicines use gelatin, derived from animal bones or skin. A survey in the Postgraduate Medical Journal shows a quarter of patients are unknowingly prescribed drugs containing gelatin contrary to their beliefs. The report authors say clearer drug labelling is needed. A spokesman for the ABPI, which represents the pharmaceutical industry in the UK, said that European Union legislation required the disclosure of all ingredients in the leaflet accompanying the drugs. He added: "Patients are able to check if a product contains a material which may cause them concern. If patients are unsure if an ingredient is derived from animals they can seek the advice of their pharmacist or contact the company manufacturing the product. Continue reading the main story “Start Quote Some vegetarians will be shocked to learn about the widespread use of animal ingredients in medicines” End Quote Liz O'Neill The Vegetarian Society "There is a general trend for manufacturers to move away from the use of animal derivatives in medicines but there remain occasions where the … Continue reading

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PharMerica to Present at 2012 RBC Capital Markets’ Healthcare Conference

Posted: Published on February 28th, 2012

LOUISVILLE, Ky.--(BUSINESS WIRE)-- PharMerica Corporation (NYSE: PMC - News), a national provider of institutional pharmacy and hospital pharmacy management services, today announced that Michael J. Culotta, Executive Vice President and Chief Financial Officer, will make a presentation regarding the Company at RBC Capital Markets’ 2012 Healthcare Conference in New York City, on Wednesday, February 29, 2012, at 10:30 a.m. Eastern Time. The Company also announced that a live broadcast of its conference presentation, as well as any written materials accompanying the presentation, will be available on the “For Investors” tab of the Company’s website, http://www.pharmerica.com, under “Webcasts and Presentations.” In addition, the webcast, transcript and written materials will be archived on the Company’s website following the event. About PharMerica PharMerica Corporation is a leading institutional pharmacy services company servicing healthcare facilities in the United States. PharMerica operates institutional pharmacies in 44 states. PharMerica’s customers are institutional healthcare providers, such as nursing centers, assisted living facilities, hospitals and other long-term care providers. The Company also provides pharmacy management services to long-term care hospitals. Read more from the original source: PharMerica to Present at 2012 RBC Capital Markets’ Healthcare Conference … Continue reading

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