| FDA Approves Amgen's Prolia Drug Amgen received FDA approval for Prolia to treat osteoporosis in postmenopausal women, in a surprise decision that comes almost two months earlier than expected. online.wsj.com |
False-Alarm Medical Tests (at Forbes) Some tests pointing to serious conditions are wrong far more often than they are right. Which ones are most likely to cause needless anxiety? us.rd.yahoo.com |
Eli Lilly: A Strong Dividend Despite a Rough Year Eddy Elfenbein submits: This hasn't been a very good year for Eli Lilly (LLY). The shares are down again today on news that it will halt development of semagacestat, a potential Alzheimer's treatment. The preliminary tests just weren't working out. Lilly said that this will result in a Q3 charge of three to four cents per share. That's bad but not awful.Lilly confirmed its previous 2010 earnings per share guidance range of $4.44 to $4.59 on a reported basis, or $4.50 to $4.65 on a non-GAAP basis (consensus is for $4.61).Complete Story » seekingalpha.com |
Aluminum Content of Infant Formula Remains a Challenge for Pfizer Pharmalot submits: A new study finds that the aluminum content of infant formula remains unacceptably high and one of the manufacturers cited is SMA Nutrition, a company based in the UK and owned by Pfizer (PFE). The issue is significant, of course, for public health reasons, but also for Pfizer, which Wall Street projects will derive a growing proportion of revenue from its nutrition business over the next few years. The study (pdf), which was published in BMC Pediatrics, examined 15 infant formulas, including powered and ready-made liquid formulas based on cow’s milk and a soy-based product, for babies at various ages. The researchers found that concentrations of aluminum in the milk formulas varied from 200 to 700 micrograms per liter and would cause up to 600 ug of aluminum to be ingested per day. Put another way, the aluminum content was between 10 and 40 times higher than the aluminum content of breast milk, which is usually 15 to 30 microgram per liter.Complete Story » seekingalpha.com |
Study: Pill Slashes Risk of HIV Infection A study shows an existing antiretroviral drug can also ward off HIV infections in what researchers call a major advance in the quest to find medicines that prevent rather than simply treat AIDS. online.wsj.com |