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Healthcare News by GLG Council Members

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

Saxagliptin - third gliptin on the EU market

October 8, 2009

GLG Expert Contributor

ONGLYZA™ (saxagliptin) Receives Marketing Authorisation In Europe For The Treatment Of Type 2 Diabetes | www.pipelinereview.com

Besides Sitagliptin and Vildagliptin there will be now a 3rd gliptin available in Europe. Whereas vildagliptin officially needs monitoring of the liver enzymes, at least according to the P.I., and there are new warnings for pancreatitis for sitagliptin no such limitations are known to me at the moment. I do not think that there will be major advantages for saxa compared with sita or vilda, however, we will have to wait and see.

Ken Powell, President

Ken PowellPresidentGenesis Business Development, LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

CDC Outlines H1N1 Test Guidelines

October 8, 2009

CDC Releases Interim Guidelines for Using H1N1 Tests | www.genomeweb.com

The Centers for Disease Control and Prevention released interim guidelines for H1N1 (swine flu) testing.  The guidelines include the four clinical diagnostic methods used to test for H1N1.  The tests vary in their ability to differentiate flu types, sensitivity, specificity and turnaround time for results.

Ken Powell, President

Ken PowellPresidentGenesis Business Development, LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Clinical Labs Could Benefit from New Legislation

October 8, 2009

Clinical Molecular Dxs Shine in Revised Senate Bill; Clinical Labs ‘Potential Winners’ | news.google.com

A new revision to the Senate Finance Committee health care proposal could benefit clinical labs that provide key diagnostic tests.  These include companies such as Quest Diagnostics, LabCorp and Bio-Reference Laboratories.

Ken Powell, President

Ken PowellPresidentGenesis Business Development, LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Gen-Probe Acquires Prodesse

October 7, 2009

Gen-Probe to Acquire Prodesse for at Least $60M | www.genomeweb.com

Gen-Probe, one of the leading worldwide clinical diagnostic companies has announced an agreement to acquire privately held Prodesse.  This strategic move expands Gen-Probe's molecular diagnostics infectious disease portfolio and solidly positions the company in this high growth clinical diagnostics market segment.

Ken Powell, President

Ken PowellPresidentGenesis Business Development, LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Thermo Fisher Could Benefit From Consolidation

October 7, 2009

Thermo Fisher Scientific to Close Dubuque Facility, Lay Off 350 | www.genomeweb.com

Thermo Fisher set a fast acquisition pace over the past few years.  The recent announcements to close facilities in Dubuque, Iowa and Hudson, NH are signs that the company is now implementing moves to benefit from the proposed synergies of their strategic acquisitions.

NO BRAINER: Genentech Prefers to Promote Lucentis over Avastin for Wet ARMD

October 7, 2009

GLG Expert Contributor

Genentech revisits plan for Avastin | www.sfgate.com

It does not require a lot of ophthalmic and business savy to understand why a company rather promote a drug that costs more than 20 times more to treat the same medical condition.

Sandoz’ Generic Drug Push in Japan: Good Timing; Interesting Challenges

October 7, 2009

GLG Expert Contributor

Sandoz Plans to Sell More Drugs in Japan, May Acquire Companies | www.bloomberg.com

Novartis AG's generic pharmaceutical unit, Sandoz AG's timing for entry into the Japanese pharmaceutical market is excellent as seismic forces in the market make generic drugs more attractive than ever. Sandoz CEO Jeff George's challenges include a prestige-driven hospital system and a private practice/physician medical practice that rewards branded pharmaceuticals. But Sandoz and Novartis could capitalize on some crucial allies in their fight.

Ken Powell, President

Ken PowellPresidentGenesis Business Development, LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Cepheid Expects H1N1 FDA Approval

October 7, 2009

Cepheid Eyes EUA from FDA for H1N1 Test | www.genomeweb.com

Cepheid has applied for an Emergency Use Approval (EUA) from the FDA for its molecular H1N1 (swine flu) test.  Molecular based tests have been shown to be more accurate than rapid lateral flow assays available marketed by several manufacturers. 

Ken Powell, President

Ken PowellPresidentGenesis Business Development, LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Merck and Qiagen Team Up to Fight HPV

October 7, 2009

Qiagen, Merck Team on HPV Dx, Rx in Developing World | www.genomeweb.com

Merck and Qiagen (NASDAQ: QGEN) have entered into a synergistic collaboration to combat HPV (human papilloma virus) in developing countries.  The collaboration calls for Qiagen to provide its Digene HC2 HPV DNA Test and a new HPV DNA test that is still under development, while Merck will provide its Gardasil vaccine for HPV Types 6, 11, 16, and 18.

Ken Powell, President

Ken PowellPresidentGenesis Business Development, LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Qiagen's Acquisition Expands High Value Diagnostics Position

October 7, 2009

Qiagen Acquires UK's DxS in Deal Worth up to $130M | www.genomeweb.com

Qiagen's recent acquisition of the UK company DxS expands its position in providing integrated diagnostic tests that provide high value results.  This particular acquisition could provide Qiagen with the opportunity to build a leadership position in the high growth, personalized medicine segment of the IVD industry.

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