HEALTH (MSM)

Bellerophon shares plummet after heart drug fails in study

Bellerophon Therapeutics Inc’s shares plummeted more than 60 percent on Monday after the company said an injectable heart drug it is developing under license failed in a study. The drug, bioabsorbable cardiac matrix, was licensed from BioLineRx Ltd in 2009 after animal studies showed that it acted as a “scaffold” to support the heart wall and was likely to prevent further structural damage. When BCM is administered after a heart

UK checking two suspected MERS cases in northern England

Two suspected cases of the Middle Eastern Respiratory Virus Syndrome (MERS) have forced a hospital in northern England to shut its emergency department, health officials said on Monday. Two patients at Manchester Royal Infirmary were placed in isolation, but there was no significant risk to others at the hospital or to the general public, Central Manchester University Hospitals Trust said. “Manchester Royal Infirmary Accident and Emergency Department will be closed

Some serious drug side effects not told to FDA within 15 days

By Lisa Rapaport (Reuters Health) – Companies fail to report roughly one in 10 serious and unexpected medication side effects to the U.S. Food and Drug Administration (FDA) within a 15-day window specified by federal regulations to protect patient safety, a study finds. Drug manufacturers are also less likely to disclose serious adverse events within this window when patient deaths are involved than when complications aren’t fatal, according to an

Some serious drug side effects not told to FDA within 15 days

By Lisa Rapaport (Reuters Health) – Companies fail to report roughly one in 10 serious and unexpected medication side effects to the U.S. Food and Drug Administration (FDA) within a 15-day window specified by federal regulations to protect patient safety, a study finds. Drug manufacturers are also less likely to disclose serious adverse events within this window when patient deaths are involved than when complications aren’t fatal, according to an

Allergan CEO, fresh off one deal, sets sights on others

Allergan CEO Brent Saunders said on Monday the company will use the $36 billion it nets from the sale of its generics business to Teva for more deals, including large, “transformational” merger opportunities. Saunders, who led the $66 billion combination of Actavis and Allergan that closed only a few months ago, told investors that it would use the proceeds from its $40.5 billion sale to Teva to increase the size