8/31/10

New Targets, Dual Agonists Increase Possibilities for Treating Diabetes

Action of GLP-1 and DPP-4 inhibitors.Image via Wikipedia Fritz French, Chief Executive Officer, Marcadia Biotech, Carmel, Ind.
Drug Discovery & Development - August 16, 2010


Diabetes is a common chronic disease affecting an estimated 285 million adults worldwide. This number will continue to grow as the population ages and becomes more obese—both risk factors for type 2 diabetes. The diabetes treatment market generated over $25 billion in 2009 and the number of patients is continuously rising.

8/30/10

New Anti-Clotting Drugs May Have Edge Over Top-Selling Plavix

A box of PlavixImage via Wikipedia Health Care, Bristol-Myers Squibb, Sanofi Aventis, Eli Lilly, Astrazeneca

Several recent studies of drugs used to treat and prevent strokes appear to favor AstraZeneca's (AZN) Brilinta and Eli-Lilly's (LLY) Effient over Plavix. Plavix, co-marketed by Bristol-Myers Squibb (BMY) and Sanofi-Aventis (SNY), is the second best-selling drug in the world.

Genzyme Rejects Sanofi Takeover Bid

Sanofi-AventisImage via Wikipedia Latest on Genzyme's Merger with Sanofi-Aventis
By Val Brickates Kennedy and Polya Lesova, MarketWatch

BOSTON (MarketWatch) -- Following weeks of speculation, beleaguered biotech leader Genzyme Corp. on Monday formally rejected a $18.5 billion takeover offer from French pharmaceutical firm Sanofi-Aventis, asserting that the bid substantially undervalues the company.

U.S. stock indexes falter as Wall Street Frets About Economy

Image representing Intel as depicted in CrunchBaseImage via CrunchBase Here is today's story from Marketwatch which pretty much sums up the economy as a whole right now. Most BioPharma Stocks are down for today. When they do well they tend to do really well but just not today. Monday showed investor's fear as job data comes out Friday. No Jobs = No Recovery

Market Snapshot for Monday August 30th, 2010.

8/27/10

Friday's Top Performing Healthcare Stocks

NASDAQ in Times Square, New York City, USA.Image via Wikipedia Here are today's top performing Biotech, Pharmaceutical and Medical Stocks. The stock market did well today but these stocks took off today. Most have been beaten up pretty bad with the economic downturn this past year and lack of credit lending for biotech businesses by the big banks.

Top Performing Medical Stocks