NEWS
May 10, 2012 | Ken Ritter, Associated Press
A prominent former Las Vegas physician and state medical board member who operated clinics where health officials say patients became infected with hepatitis C in 2007 will face all 28 felony charges filed against him almost two years ago, a state court judge decided Thursday. Having lost a nearly two-year battle to show he is physically and mentally unfit for trial, Dipak Desai sat impassively in the courtroom while Clark County District Court Judge Valerie Adair ruled the grand jury indictment met statutory and constitutional requirements.
NEWS
April 27, 2012 | By Emily Langer
WASHINGTON - Irving Millman, a microbiologist who played an instrumental role in developing the hepatitis B vaccine, one of the most important medical advances of the latter 20th century and one that has saved millions of lives, died April 17 in Washington, D.C. He was 88. The cause was complications from internal bleeding, said his daughter Diane. Hepatitis B is an infectious virus that can lead to chronic liver disease, cirrhosis, and a deadly form of cancer. More than 1 billion people worldwide have received the vaccine since...
BUSINESS
April 26, 2012 | Associated Press
HIV drug maker Gilead Sciences Inc.'s profit dropped 32 percent in the first quarter on costs related to its purchase of hepatitis C drug developer Pharmasset Inc. Gilead said Thursday that its profit fell to $442 million, or 57 cents per share, from $651.1 million, or 80 cents per share. The company bought Pharmasset in January for $11.1 billion, and its results in the first quarter included $193.9 million, or 25 cents per share, in costs related to the deal. Excluding those charges and other one-time items, Gilead said it earned 91 cents per share.
BUSINESS
April 21, 2012
BARCELONA - Johnson & Johnson's Janssen unit said it may explore widening cooperation on hepatitis C with Vertex Pharmaceuticals Inc. that may develop in tandem with a separate partnership with Medivir AB on the disease. Vertex, based in Cambridge, Mass., has said it will start enrolling patients in a midstage study combining three medicines, excluding interferon, a core component of the current standard of care. Vertex and competitors including Gilead Sciences Inc., Bristol-Myers Squibb Co., and Abbott Laboratories are racing to develop next-generation treatments for...
BUSINESS
April 19, 2012 | AP Economics Writer
Two drugmakers said Thursday that a combination of experimental oral treatments for hepatitis C cured almost all patients in a midstage clinical trial. Gilead Sciences Inc. and Bristol-Myers Squibb Co. have been developing an all-oral drug regimen that could work faster than current treatments. Their drug cocktail also excludes interferon, which is a standard part of hepatitis C treatment but can cause months of flulike symptoms for patients. The companies said a regimen that included Gilead's drug GS-7977 and Bristol-Myers' daclatasvir met its goals in a clinical study.
BUSINESS
April 5, 2012
Idenix Pharmaceuticals Inc. sank the most in eight months as investors speculated the Cambridge company's experimental hepatitis C treatment may face hurdles. The shares had tripled in the 12 months before Wednesday. Roche Holding reported an "unacceptable relapse rate" for patients on a combination of medicines that Brean Murray Carret & Co. analyst Brian Skorney called a "good surrogate for any oral combination that includes IDX184," Idenix's medicine. "We believe Idenix will need to explore regimens with durations of greater than 12 weeks to be effective," Skorney wrote.