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Tuesday, July 26, 2011

Fwd: | 07.22.11 | Merck amps up in China; J&J board blames woes on middle managers



-------- Original Message --------
Subject: | 07.22.11 | Merck amps up in China; J&J board blames woes on middle managers
Date: Fri, 22 Jul 2011 12:10:32 -0400 (EDT)
From: FiercePharma <editors@fiercepharma.com>
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To: nbrauchitsch@yahoo.com


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July 22, 2011

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This week's sponsors:
Myriad RBM, Inc.
An Expert Briefing: Biotechnology 101

Today's Top Stories:
1. Merck amps up in China with Simcere JV
2. J&J board blames woes on middle managers
3. FDA joins Multaq review, reveals prelim data
4. EMA wants Actos warning, rules on Chantix
5. Lilly eyes vet assets; Pfizer says all or nothing

Spotlight:
AZ: No plans for follow up on Brilinta-aspirin link

Also Noted:
Teva to shutter Montreal plant, cut 340 jobs; Baxter boosts earnings, raises outlook; Much more...

News From The Fierce Network:
1. Pfizer commits $100M to Mission Bay project
2. BMS snapping up Amira Pharma for $325M
3. FDA panel votes in favor of Sapien valve


This week's sponsor is Myriad RBM, Inc.

Sponsor:An Expert Briefing: Biotechnology 101

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> An Expert Briefing: Biotechnology 101- An Industry Overview for the Non-Scientist

Events

> Partnerships in Clinical Trials Latin America - Aug 2011 - Sao Paolo, BR
> Skill-building and Summer Fun in Boston!
> Online Pharmaceutical & Healthcare Marketing MBA for Executives
> 16th MDRP Summit - Sept. 14-16, 2011 - Marriott Downtown, Chicago, IL
> Disruptive Innovations in Clinical Trials - September 15-16, 2011 - Philadelphia, PA
> Partnership Opportunities in Drug Delivery - October 5-6, 2011 - Boston, MA

Marketplace

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Today's Top Stories

1. Merck amps up in China with Simcere JV

By Tracy Staton Comment | Forward | < a href="http://links.mkt1985.com/ctt?kn=17&ms=MzU1ODYyMwS2&r=MjM2NzI3MjAzMjcS1&b=0&j=MTEyMDc4MDQ1S0&mt=1&rt=0" name="api_addthis_com_oexchange_2jvI6CNyjsOW8y1qOUMovw" >Twitter | Facebook | LinkedIn

Merck is expanding its tent in China with another partnership, this time with Simcere Pharmaceutical Group. It's a drug follow-up to the company's vaccines partnership with Sinopharm, which began with a deal to sell Merck's human papillomavirus vaccine. That link-up was intended to spread to other shots and, possibly, prescription meds.

The Simcere joint venture, still subject to final conditions, will focus at first on branded drugs for cardiovascular and metabolic diseases, with each company contributing existing products for manufacturing and marketing. On the CV side, think Zocor and Cozaar from Merck, and Simcere's Shufutan (Crestor), which it markets under license. In the metabolic area, the partnership will start with the diabetes drug Januvia, aiming to "maximize access" in a country that's facing a growing problem with that disease.

The partnership will also work on the development side of things, but the details on that are sketchy at this point. "This partnership is another step forward in Merck's strategy to grow our business in China and is fully aligned with the Chinese government's goal to increase access to quality products," Adam Schechter, Merck's president of global human health, said in a statement.

China, of course, is one of the world's most promising markets for drugmakers. Pharmaceutical sales there are enjoying double-digit growth, and the market is expected to reach $73 billion by 2013. Merck is aiming to boost its sales in the country by more than 20% per year, but for that, it will have to contend with virtually every Big Pharma competitor. 

- get the release from Merck
- read the RTT News story

Related Articles:
Merck aims for growth in China with Sinopharm
Merck CFO: Don't overestimate emerging market gains
Chinese pharma's a challenge on all sides

Read more about: Merck, Pharma deals, Simcere Pharmaceutical, cardiovascular market
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An Expert Briefing: Biotechnology 101- An Industry Overview for the Non-Scientist - Tuesday, July 26th, 1 pm ET / 10 am PT

Join us as we define biotechnology and briefly explore the various biotechnology sectors. We will also focus on the healthcare sector and explain how basic science and technology are used during the drug discovery process.
Topics include: DNA, Proteins, Recombinant DNA, Small and Large Molecule Drugs, and more Register today.


2. J&J board blames woes on middle managers

By Tracy Staton Comment | Forward | < a href="http://links.mkt1985.com/ctt?kn=27&ms=MzU1ODYyMwS2&r=MjM2NzI3MjAzMjcS1&b=0&j=MTEyMDc4MDQ1S0&mt=1&rt=0" name="api_addthis_com_oexchange_edN9MSDzwSdsxCKKjM9nw" >Twitter | Facebook | LinkedIn

Johnson & Johnson's quality control problems were caused by mismanagement at McNeil Consumer Healthcare, a board committee investigation found. The report places the blame for a rash of recalls--not only the massive withdrawals of McNeil products, but also substandard prescription drugs, devices and contact lenses--squarely on lower-level execs, letting senior executives off the hook, Bloomberg reports.

McNeil quality-control staff and production folks didn't play well together, and the division suffered from "an emphasis on production volume" rather than on compliance, the panel's report states. J&J's consumer division leadership should have watched McNeil more closely, especially as it worked to integrate Pfizer's consumer health division, the committee said. "[S]ome McNeil employees may have lost focus and commitment to maintain quality standards," Bloomberg quotes.

True, integrating the Pfizer operation was a big job, with thousands of new products to handle. New manufacturing lines were put in at Fort Washington, PA, and Las Piedras, Puerto Rico--both factories that would end up on the FDA's hit list for quality lapses. And McNeil's management suite had a revolving door at the time, the report notes, so company leaders didn't know what was happening at the plant level.

The board committee praised J&J execs for acting quickly once they discovered the manufacturing issues. It also denied any red flags or "systemic failure" overlooked by top management--two allegations raised by shareholder lawsuits attempting to hold executives and board members accountable.

But the report also fingers restructuring at J&J for making the problem worse: Quality and compliance staff were cut by 35%, and the corporate types lost the authority to show up unexpectedly to audit subsidiaries' operations. Plus, a "virtual hiring freeze" hampered McNeil's ability to hire quality-review staff. Someone in J&J's senior management obviously signed off on those decisions. And while top management may not have known the depth of McNeil's problems, one might argue that they should have known. Absolving J&J's leadership of responsibility for the widespread problems may help dispose of shareholder claims, but it won't force them to do the tough soul-searching required to make a company better.

- read the Bloomberg coverage
- get more from Pharmalot

Related Articles:
J&J boosts sales, profits, but analysts wary
Musty smell touches off yet another J&J recall
Finding the source of J&J's river of woe
J&J splits off troubled consumer-drug unit

Read more about: Johnson & Johnson, quality, McNeil
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3. FDA joins Multaq review, reveals prelim data

By Tracy Staton Comment | Forward | < a href="http://links.mkt1985.com/ctt?kn=87&ms=MzU1ODYyMwS2&r=MjM2NzI3MjAzMjcS1&b=0&j=MTEyMDc4MDQ1S0&mt=1&rt=0" name="api_addthis_com_oexchange_UdVqkL6Mp0QmDATnsphNA" >Twitter | Facebook | LinkedIn

FDA has joined the Multaq review effort. The agency said that it is analyzing data from the recently halted trial of Multaq in patients with permanent atrial fibrillation. Sanofi stopped that 3,000-patient study two weeks ago when "a significant increase in cardiovascular events" cropped up in a data analysis.

The FDA, however, revealed some actual, preliminary numbers from that study, known as PALLAS. According to the agency, 16 patients in the Multaq arm died, compared with 7 in the placebo group. The number of patients who died from cardiovascular causes, or had a heart attack, stroke or embolism, was 32 in the Multaq group, versus 14 with placebo. Thirty-four Multaq patients were hospitalized with heart failure, compared with 15 placebo patients.

European regulators are already reviewing the drug; they say they'll release their results in September. In announcing its review, FDA said that a critical question is whether the "unfavorable results of the PALLAS study" apply not only to patients with permanent atrial fibrillation, but also to patients with temporary versions of fibrillation. Multaq is FDA-approved for use in patients with paroxysmal atrial fibrillation and atrial flutter.

Sanofi says "the benefit-risk profile remains positive" for the approved use, the New York Times reports, but advised doctors never to prescribe it for permanent atrial fibrillation. As for FDA's advisory experts, one who voted for Multaq's approval called the PALLAS data "concerning," while Public Citizen's Sidney Wolfe, who voted against, said the drug was "really too dangerous," the Times reports.

- check out the FDA statement
- read the news from Reuters
- get the NYT piece
- see the MedPage story

Related Articles:
EMA broadens safety review on Sanofi's Multaq
Sanofi expects EMA to require Multaq alert
Sanofi's Multaq takes hit from trial failure

Read more about: FDA, Sanofi-Aventis, Multaq
back to top


4. EMA wants Actos warning, rules on Chantix

By Tracy Staton Comment | Forward | Twitter | Facebook | LinkedIn

Regulators on both sides of the Atlantic issued a slew of decrees about drug safety, weighing in on everything from flu vaccine to bone drugs to Pfizer's smoking cessation med Chantix. The biggest decision came from the Europeans, which decided to leave the Takeda diabetes drug Actos on the market, but added strong warnings about possible links to bladder cancer.

France and Germany have both halted sales of Actos, which belongs to the same class of diabetes remedies as the GlaxoSmithKline drug Avandia. While the European Medicines Agency decided to withdraw Avandia on its cardiovascular risks, it won't restrict use of Actos, which has been tagged with increasing the risk of bladder cancer. The risk could be minimized by proper patient selection, the EMA said. FDA recently added new cautionary language to the drug's label about the possible cancer link.

FDA, for its part, reported on an ongoing review of bone drugs known as bisphosphonates; the agency has been looking at some conflicting studies of the drugs' potential links to esophageal cancer. For now, the agency said, the benefits appear to outweigh the risks, but an FDA advisory panel will be discussing their safety at a meeting in September. The class includes such popular meds as Merck's Fosamax and Roche's Boniva.

Meanwhile, an EMA committee said it had determined that Chantix's benefits outweigh its risks. New questions about the drug were raised by a meta-analysis that found an increase in cardiovascular problems, such as heart attack and stroke, in patients using the drug. The EMA's Committee for Medicinal Products for Human Use found some weaknesses in that analysis, including the exclusion of studies in which no patient experienced a cardiovascular event, Pharmalot reports.

Finally, the EMA wants GlaxoSmithKline to update its label on the pandemic flu shot Pandemrix, after finding a link between its use in young people and the rare sleeping disorder narcolepsy. The agency said the CHMP has recommended that people under 20 should avoid Pandemrix unless they have no access to seasonal flu vaccines and they're at high risk of complications from H1N1.

- read the Reuters news
- see the Bloomberg piece
- get more from Pharmalot
- check out the Dow Jones story

Related Articles:
Docs revisit strategies for bone-drug use
French officials force Takeda to pull Actos off market
Study: Pfizer's Chantix raises heart risks 72%
EMA puts off Actos ruling until July
WHO broadens probe of narcolepsy-flu vax link

Read more about: GlaxoSmithKline, Pfizer, Actos, Chantix
back to top


5. Lilly eyes vet assets; Pfizer says all or nothing

By Tracy Staton Comment | Forward | Twitter | Facebook | LinkedIn

Might Eli Lilly ($LLY) emerge as a buyer for Pfizer's animal health business? CFO Derica Rice told Lilly investors that the company is keeping an eye on Pfizer's plans for the unit, which may be sold or spun off. If Lilly likes any of the available assets, it would pursue them, Rice said.

When asked about that pledge, Pfizer said that it doesn't envision selling off the animal health business in pieces. The whole unit would be sold or spun off, spokeswoman Joan Campion told Bloomberg. "While we are evaluating a variety of options including a sale, spin-off or other transaction, we believe we will favor one overall option rather than dividing assets and business operations," Campion told the news service.

Pfizer has tagged its animal health and nutrition units for disposal, so it can return cash to shareholders and focus on pharma development. The units could bring in more than $20 billion; the animal health unit alone had 2010 sales of $3.48 billion, Bloomberg notes. A deal of that size could be beyond Lilly's ken; CEO John Lechleiter has repeatedly said he's not in the market for a big buyout.

Pfizer will be weighing its options for the animal health unit for at least a year, Campion said.

- read the Bloomberg story

Related Articles:
Lilly animal health unit offers to buy Janssen outfit
Note to Pfizer: Bayer shopping for vet buys
With Sanofi-Merck deal off, look for animal health M&A

Read more about: Pfizer Animal Health, Animal health, Pfizer, Eli Lilly
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Also Noted

TODAY'S SPOTLIGHT... AZ: No plans for follow up on Brilinta-aspirin link

AstraZeneca doesn't plan to conduct a clinical trial to confirm that aspirin dosage caused a geographic discrepancy in the performance of its newly approved heart drug Brilinta. Some analysts had speculated such a trial might strengthen the image of the brand in the U.S., even though the company has not been asked to do so by regulators. Report

  @FiercePharma: Now that Brilinta's approved, AZ has to sell it. Story | Follow @FiercePharma

> Teva Pharmaceutical plans to shut down a Montreal plant acquired as part of its Ratiopharm buyout, having failed to find a buyer for the facility; the move will put 340 employees out of work. Report

> Baxter International reported higher-than-expected quarterly earnings, led by strong sales at its bioscience units, and raised its outlook for the full year. Report

> Prescriptions for Abbott Laboratories' Niaspan cholestserol drug fell 5% 6 weeks after a study that said the medicine failed to prevent heart attacks. Article

> Teva Pharmaceutical Industries said it settled patent litigation related to its generic versions of the Novartis blood-pressure drug Lotrel. News

> Express Scripts' takeover of Medco Health Solutions may fuel acquisitions of specialty pharmacy benefit managers by rivals seeking to gain enough size to negotiate lower prices with drugmakers. Report

> An FDA advisory panel backed an additional use of Johnson & Johnson's top-selling drug Remicade in pediatric patients, but said more data is needed about a rare cancer found in some young people treated with Remicade and similar drugs. Piece

> Danish drugmaker Lundbeck expects annual royalties from Japanese sales of its antidepressant Lexapro to peak in 6 or 7 years at above 500 million Danish crowns ($95.2 million). Item

> Shares of AmerisourceBergen fell 5% to $39.78 on worries that the company's lucrative contract with Medco Health Solutions could be in jeopardy now that it is being acquired by Express Scripts. News

> The FDA declared three pseudoephedrine-based medicines used to treat colds and allergies as controlled drugs. Report

> All strategic suppliers to Johnson & Johnson will need at least two publicly-reported sustainability goals under a new initiative by the healthcare giant. Report

Biotech News

@FierceBiotech: Roche could get groove back with potential early approvals of cancer drugs. Article | Follow @FierceBiotech

@JohnCFierce: The semagacestat Alzheimer's drug story demos again how little we know about consequences of messing with believed triggers. Item | Follow @JohnCFierce

 @RyanMFierce: Translational research is very difficult. Forbes lists the ways. Article | Follow @RyanMFierce

 @MaureenFierce: Experiments that insert human genes, cells into animals need rules to ensure they don't create 'monsters.' Article | Follow @MaureenFierce

> Bristol-Myers snapping up Amira Pharma for $325M. More

> Pfizer commits $100M to Mission Bay project. Story

And Finally... Lloyds pharmacy will open a pilot "health village" in a London retail center as part of its plan to become an all-round healthcare provider. Report

Webinars

> An Expert Briefing: Biotechnology 101- An Industry Overview for the Non-Scientist

Join us Tuesday, July 26th, 1 pm ET / 10 am PT as we define biotechnology and briefly explore the various biotechnology sectors. We will also focus on the healthcare sector and explain how basic science and technology are used during the drug discovery process. Topics include: DNA, Proteins, Recombinant DNA, Small and Large Molecule Drugs, and more. Register Today

Events

> Partnerships in Clinical Trials Latin America - Aug 2011 - Sao Paolo, BR

The world's leading clinical drug development and outsourcing event returns to Latin America for its 2nd Annual Partnerships in Clinical Trials Latin America meeting- bringing its unique formats, high-level strategic discussions, and unparalleled networking to Sao Paulo, Brazil. Visit www.PCTLA.com.

> Skill-building and Summer Fun in Boston!

Boston offers exciting summer options for visitors of all ages. You could see a movie in the local park, listen to a concert on City Hall Plaza, or learn to paint on the waterfront. So why not explore Boston in August and build your professional skills at the same time?

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Saint Joseph's University offers an expanded portfolio of globally accessible AACSB-accredited programs ideal for working professionals in the pharma, biotech, medical device, diagnostics and healthcare sectors. Apply now; our September Cohort begins 9/8. Visit sju.edu/epharma or call 800-SJU-EMBA.

> 16th MDRP Summit - Sept. 14-16, 2011 - Marriott Downtown, Chicago, IL

Medicaid Drug Rebate Program Summit is where manufacturers meet with all the government officials including CMS, VA, 340B, DoD, USDOJ and OIG for compliance and operations answers to healthcare reform questions. Register with a 25% off the standard rate by clicking here: www.medicaiddrugrebates.com

> Disruptive Innovations in Clinical Trials - September 15-16, 2011 - Philadelphia, PA

Led by Pfizer and Novartis, this groundbreaking conference delivers only case studies that demonstrate either a disruptive or an innovative approach to advancing clinical trials. Mobile Clinical Trials, Virtual Trials, Open Source Clinical Development are just a few examples of case studies featured. Fierce readers receive 15% off with code FBEL. Register or learn more: click here

> Partnership Opportunities in Drug Delivery - October 5-6, 2011 - Boston, MA

Keynoted by Dr Robert Langer of MIT, this is a strategic level event for pharma and biotech BD&L executives to meet a wide range of drug delivery companies with the latest technologies. Fierce readers receive 15% off with code FBEL. Register or learn more: click here

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Sunday, July 17, 2011

Fwd: | 07.11.11 | Jimenez: Novartis' desire for deals to return soon



-------- Original Message --------
Subject: | 07.11.11 | Jimenez: Novartis' desire for deals to return soon
Date: Mon, 11 Jul 2011 13:12:12 -0400 (EDT)
From: FiercePharma <editors@fiercepharma.com>
Reply-To: editors@fiercepharma.com
To: nbrauchitsch@yahoo.com


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July 11, 2011

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This week's sponsors:
INC Research
eKnowledgeBase
An Expert Briefing: Biotechnology 101
Thomson Reuters

Today's Top Stories:
1. Valeant snaps up Sanofi's Dermik for $425M
2. CEO: Novartis' desire for deals to return soon
3. Chinese docs trade up to jobs in pharma sales
4. Pfizer bids for $770M Lipitor extension in EU
5. Bayer's Yasmin to face EU generics this year

Spotlight:
Teva, Merck agree to 2017 date for Vytorin copies

Also Noted:
GSK wins FDA nod on Boostrix use; India's Orchid ordered to close API plant on pollution; Much more...

News From The Fierce Network:
1. Medtronic advises doctors of pump problem
2. QIAGEN amends offer for Cellestis
3. IBM cloud aids fight against superbugs


This week's sponsor is INC Research.

Sponsor:An Expert Briefing: Biotechnology 101

Webinars

> An Expert Briefing: Biotechnology 101- An Industry Overview for the Non-Scientist

Events

> BioImmersion: Biotech for the Non-Scientist - July 13-15, 2011 - Chicago, IL
> Partnerships in Clinical Trials Latin America - Aug 2011 - Sao Paolo, BR
> Skill-building and Summer Fun in Boston!
> 16th MDRP Summit - Sept. 14-16, 2011 - Marriott Downtown, Chicago, IL
> Disruptive Innovations in Clinical Trials - September 15-16, 2011 - Philadelphia, PA
> Partnership Opportunities in Drug Delivery - October 5-6, 2011 - Boston, MA

Marketplace

> Developing Enterprise M2M Apps in Days or Weeks - Not Months or Years

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> Regional BD Director
> Need a job? Need to hire? Visit FiercePharma and Biotech Jobs

This week's sponsor is eKnowledgeBase.

FREE two-week trial. Searchable online database providing access to verified company and drug competitive intelligence. Stay current on company, product, and pipeline performance/activity plus FDA actions, brand representation, and clinical initiatives. Click here.

Today's Top Stories

1. Valeant snaps up Sanofi's Dermik for $425M

By Tracy Staton Comment | Forward | < a href="http://links.mkt1985.com/ctt?kn=117&ms=MzUzODcxNwS2&r=MjM2NzI3MjAzMjcS1&b=0&j=MTExNTgxMDUwS0&mt=1&rt=0" name="api_addthis_com_oexchange_GB7wwdA5P9Sd7HQWWPr40A" >Twitter | Facebook | LinkedIn

Sanofi ($SNY) has agreed to offload its Dermik skincare business to Valeant Pharmaceuticals ($VRX) in a $425 million deal that gives the Canadian drugmaker brands such as the acne treatment BenzaClin and wrinkle-filler Sculptra. It also allows Sanofi to focus more tightly on what CEO Christopher Viehbacher (photo) calls its "growth platforms." 

The cash deal brings to fruition Sanofi's previously announced intent to divest the dermatology business with operations concentrated mostly in North America. "This divestiture allows us to rationalize our portfolio and improve focus on our core businesses," Viehbacher said in a statement.

Despite the "focus-on-our-core" language in that announcement, the Dermik sale isn't a divestment á la Bristol-Myers Squibb, which has pared away its non-pharma units to focus solely on innovative meds, or even a Pfizer-esque spinoff designed to feed investors' desires while shedding a big chunk of peripheral business. Sanofi, along with rivals such as GlaxoSmithKline and Novartis, remains in the diversification-is-good camp, with operations in animal health, consumer healthcare, generic drugs, et al, all intended to balance out the vagaries of today's prescription drug business.

For Valeant, the Dermik business is yet another to add to its quiver. Dermik has a manufacturing plant in Quebec, handy for the Canadian-based Valeant, and its dermatology drugs will help beef up the company's franchise in that area. While the other products are focused in North America, the aesthetic side of the business--a.k.a. Sculptra--has a global presence, giving Valeant a geographic footprint to build upon. "Dermik's assets, both in the medical and aesthetic therapeutic areas, provide us with exciting opportunities to leverage our combined portfolios in our current markets as well as options to expand Valeant's presence to other territories," CEO J. Michael Pearson said in a statement.

- see the release from Sanofi
- check out the Valeant announcement
- get more from Reuters

ALSO: Sanofi said Lemtrada, the experimental multiple sclerosis drug acquired through the purchase of Genzyme, helped patients more than Merck KGaA's older medicine Rebif in a key study. Report

Related Articles:
Valeant, J&J, Nestle nab new businesses
Valeant moves on to new M&A targets

Read more about: Valeant, Dermik, Sanofi-Aventis, Mergers and Acquisitions
back to top


An Expert Briefing: Biotechnology 101- An Industry Overview for the Non-Scientist - Tuesday, July 26th, 1 pm ET / 10 am PT

Join us as we define biotechnology and briefly explore the various biotechnology sectors. We will also focus on the healthcare sector and explain how basic science and technology are used during the drug discovery process.
Topics include: DNA, Proteins, Recombinant DNA, Small and Large Molecule Drugs, and more Register today.


2. CEO: Novartis' desire for deals to return soon

By Tracy Staton Comment | Forward | Twitter | Facebook | LinkedIn

Novartis ($NVS) could soon be back on the acquisition trail. CEO Joe Jimenez (photo) told Swiss newspaper Aargauer Zeitung that the company's first priority is paying down $22 billion in debt, but strong cash flow should take care of that fairly quickly. And then, Novartis' appetite for deals is likely to sharpen, Reuters reports.

"We could soon be in the position to go for acquisitions again, even if they are not as big as Alcon," Jimenez told the Swiss newspaper. The Zurich-based drugmaker bought the eye-care company Alcon in a two-phase deal that wrapped up earlier this year.

Before that, Novatis snapped up other assets in smaller deals, such as the $400 million buyout of antibiotics company Protez Pharmaceuticals and the $932 million deal for Speedel Holding, its blood pressure drug partner.

Jimenez also said Novartis is on track to meet its goal of boosting sales by double-digits this year. Its margin-improvement goals are also doable, he said, measured in constant currencies. Half-year results are due July 19.

- read the news from Reuters
- get more from Bloomberg

Related Articles:
Will Novartis follow through with Gen-Probe bid?
Novartis scouts bolt-on deals of up to $3B
Novartis wraps up Alcon with $12.9B deal

Read more about: Novartis, Pharma buyout, Joe Jimenez
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3. Chinese docs trade up to jobs in pharma sales

By Tracy Staton Comment | Forward | Twitter | Facebook | LinkedIn

What's a low-paid Chinese doctor to do? Become a pharma rep. As Bloomberg reports, physicians in China are abandoning medical practice for jobs in drug sales, finding that they can better their $300-a-month doctors' salary by marketing drugs, rather than prescribing them. The human resources firm Aon predicts that as many as 14,000 Chinese doctors will join foreign drugmakers over the next 5 years.

Such is one unintended consequence of Big Pharma's Chinese gold rush. As drugmakers have laid off thousands of reps in the U.S. and Europe, they have been hiring big-time in emerging markets, especially China. The competition for drug reps in China is intense, too; turnover rates are high as major drugmakers such as Sanofi, Eli Lilly, Merck and Bayer recruit one another's salespeople.

Needless to say, doctors are highly in demand because of their specialized knowledge. "In most other countries, it's extremely rare to get fully trained doctors as medical representatives," Chris Lee, managing director of Bayer Healthcare China, told the news service.

Losing doctors to the drug business could exacerbate an existing shortage of physicians. China has only one doctor per every 7,000 people, and the government has been offering incentives such as free training to attract more people into primary care. Doctors willing to work in villages can win even more perks, such as relocation fees.

It's all part of China's effort to revamp its healthcare system, the very effort that has experts predicting big growth in the Chinese drug market for years to come. That growth, of course, has foreign drugmakers salivating--and jockeying for their share. As Bloomberg notes, Aon predicts that foreign pharma's Chinese offices will hire at least 35,000 sales staff by the end of 2014. That would more than double their sales force, which amounted to 33,000 at the end of 2010.

- read the Bloomberg story

Related Articles:
Nine of 10 Big Pharmas cut sales reps in 2010
Chinese pharma's a challenge on all sides

Read more about: China, Pharma sales reps
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4. Pfizer bids for $770M Lipitor extension in EU

By Tracy Staton Comment | Forward | Twitter | Facebook | LinkedIn

Pfizer ($PFE) is poised for a Lipitor reprieve in Europe. The company has asked for 6 months' of additional exclusivity in most EU countries under regulations designed to promote pediatric drug trials. The extension could be worth almost $800 million as it staves off generic competition until May 2012, the Financial Times reports.

Pfizer is in line for the 6-month extension because of studies in children with a genetic disorder that causes high cholesterol. The company plans to launch a chewable, grape-flavored version of Lipitor in November as a result of those trials. "Pfizer certainly pulled off a bit of a coup," Heart UK's Dermot Neely told the FT.

The development is sparking some debate over the European pediatric trials regulations, which were instituted in 2007. But officials and experts say that the pediatric program has resulted in research that wouldn't have been conducted otherwise. "The regulations have been a big advance in developing medicines for children, but throw up some issues which it may be time to revisit," Alasdair Breckenridge, chairman of the UK's Medicines and Healthcare Products Regulatory Agency, told the newspaper.

Although the cholesterol fighter is already facing copycat rivals in some European countries--Spain, Finland and Norway--it's still under patent elsewhere in the EU. Pfizer has won or is seeking 6-month extensions in at least 11 other markets, the FT says, including the U.K., France and Germany.

- read the FT story

Related Articles:
Teva offers aid to U.K. pharmacies in Lipitor fight
Herper: Cheap Lipitor could increase health costs
Analysts: Lipitor may live longer than we think

Read more about: Europe, Pfizer, Lipitor
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5. Bayer's Yasmin to face EU generics this year

By Tracy Staton Comment | Forward | Twitter | Facebook | LinkedIn

Bayer's birth-control franchise suffered a blow in Europe as patent regulators yanked protection on Yasmin. As the company's second-best-selling drug, Yasmin could now face generic competition later this year, Reuters notes.

The European Patent Office's ruling comes after an appeal from the Novartis generics unit Hexal, which had been fighting Bayer's patent on a procedure that reduces the size of particles containing Yasmin's active ingredient. That micronization patent would have been in force through 2020 thanks to officials' 2006 decision confirming the patent.

Now, Hexal is set to launch copies of Yasmin during the second half of this year, JP Morgan Cazenove analysts told investors after the ruling was announced. The European development comes after Yasmin lost patent protection in the U.S. last year. Sales in the states dropped last year to $1.6 billion.

The silver lining for Bayer, however, is that European pricing on Yasmin is much lower than in the U.S., giving cheaper generics a smaller cost advantage, analysts said. Plus, in most European markets, women pay out-of-pocket for contraceptives, meaning that insurers pushing for less-expensive copycat drugs might have less of an impact. "Although a negative surprise to the market, this event has a very modest impact to our valuation," UniCredit analyst Craig Maxwell told the news service.

- see the Reuters news

Related Articles:
FDA reviews risks of drospirenone contraceptives
Studies highlight clot risk with Bayer pills
Teva breaks deal with Bayer to launch Yaz copy

Read more about: Generics, Patent, Hexal, Yasmin
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Also Noted

Spotlight On Obesity: A Pharma Matters Report

Download this insightful review from Thomson Reuters, which focuses on Obesity and looks at a relatively untapped market, in proportion to the scale of the potential market and the related diseases associated with obesity. Covered by this report is an in-depth critique of licensing, as companies strive to invest in the potentially profitable obesity drugs of the future. Click here to download the report.


TODAY'S SPOTLIGHT... Teva, Merck agree to 2017 date for Vytorin copies

Teva Pharmaceutical Industries has agreed that it won't sell generic versions of Merck's ($MRK) cholesterol drugs Vytorin and Zetia until 2017, settling patent disputes between the two companies. Merck still faces a patent fight with Mylan over Zetia and Vytorin, however. Report

@FiercePharma: Nine of 10 Big Pharmas cut sales reps in 2010. Report | Follow @FiercePharma

> The FDA has approved GlaxoSmithKline's Boostrix vaccine to prevent tetanus, diphtheria and whooping cough in people aged 65 and older. News

> Warner Chilcott said a U.S. federal court ordered a Boehringher Ingelheim unit not to launch a generic version of its inflammatory bowel treatment Asacol until Dec. 31. Story

> India's Orchid Chemicals & Pharmaceuticals said its API facility received a closure notice over disposal of solid waste, affecting its production of the antibiotic cephalosporin. Item

> Teva Pharmaceutical Industries faces two court hearings today. A U.S. court will consider the company's case against the developers of generic Copaxone, while a U.K. court will hear Pfizer's patent infringement case against Teva on Lipitor. Article

> Lonza, the world's biggest maker of drug ingredients, agreed to buy Arch Chemicals for $1.2 billion to create the global leader in the business of killing bacteria and fungi. Report

> Johnson & Johnson's Scios unit was charged by U.S. prosecutors with misbranding the heart drug Natrecor because the medicine's labeling allegedly lacked adequate directions for use. News

> Hikma Pharma said it purchased a significant minority interest in Hubei Haosun Pharmaceutical through the subscription of new equity for a cash consideration of $5 million. Item

> Dietary supplement manufacturer USANA Health Sciences Inc said it got approval from the FDA to make over-the-counter drugs. Article

> Belgian medical equipment and services company Arseus plans to buy a Brazilian peer for €51 million ($73 million) to secure the top spot in the world's largest pharmaceutical compound market. News

Biotech News

@FierceBiotech: Pfizer's potential offload of biz units could aid R&D prospects. Article | Follow @FierceBiotech

> Merrimack Pharma takes shot at $172.5M IPO with cancer contenders. Article 

> Sanofi MS drug shines, biotech strategy advances. Story

> Amgen widens cancer reach in $1B-plus Micromet deal. Item

Biotech IT News

> Two computational biology standouts honored. Report

> IBM cloud aids fight against superbugs. Story

> Health informatics giant Optum changes CEOs. Article

> Sequencing giant BGI advances in bioinformatics game. Report

> BioTox buys CRO Bio-Quant, eyes software integration. Story

> Biomolecular computer shows promise in detecting disease. Article

Medical Device News

> FDA may change premarket notification requirements for radiology devices. Report

> SurgiQuest closes $19M round. Piece

> QIAGEN amends offer for Cellestis, provides update on Ipsogen. News

> BD gets partial win in patent case. Story

> Medtronic advises doctors of pump problem. Article

> Medtronic buys two surgical products companies. Report

And Finally... An international research team has discovered a strain of gonorrhea resistant to all currently available antibiotics. Report

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