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Archive for July, 2010

French Drugmaker Cuts New Blood Thinner

Monday, July 26th, 2010

Blood thinners 300x225 French Drugmaker Cuts New Blood ThinnerDrugmaker Sanofi-Aventis is going to take a revenue hit this year after recently stopping production of their newest blood thinner drug. The decision comes after US regulators approved a generic rival to its Lovenox blood thinner.

Sanofi-Aventis recently released a statement saying its shares may decline as much as 4 percent at constant exchange rate. This is a much more bleak estimate than the one given earlier this year stating a increase in revenues of at least 5 to seven percent.

Losing market exclusivity is one of the main reasons that Sanofi-Aventis has been actively seeking to purchase Cambridge, Massachusetts-based Genzyme.

“Five or six of their top eight drugs are in the process of or will go generic this year and companies losing drugs are under more pressure to fill that gap,” a man with knowledge of the matter stated.

Sanofi-Aventis is the maker of other popular drugs like Actonel, Allegra, Nasacort and Plavix.

Sanofi better come up with some new drugs to fill the gap quickly, or the revenues will continue to fall.

share save 171 16 French Drugmaker Cuts New Blood Thinner

FDA to Review Promising New Weightloss Drug

Monday, July 12th, 2010

A new weight loss drug is up for FDA approval and is looking to buck the recent trend of harsh weight loss medications.

The new drug Qnexa, which is a combination of the drugs lorcaserin and Contrave is looking to provide effective weight-loss without the dangerous side effects that have hampered other weight loss drugs like fen-phen and Meridia. Fen-phen was pulled from the off the shelves in 1997 when it was linked to a thickening of the heart valve.

Dr. Ken Fujioka, director of the Scripps Clinic Center for Weight Management in San Diego said, “It’s shown a 10 to 15 percent weight-loss in patients, which is very impressive.”

If the side effects prove to be minimal, this could end up being a great drug to help many who suffer from obesity reclaim there lives. As for now, the only FDA approved weight loss drug is over the counter Alli.

share save 171 16 FDA to Review Promising New Weightloss Drug
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