On The Couch…..Lazy Afternoon Reading
As we bask in the good feeling that comes with completed errands and chores, what better way to celebrate than to catch up on events and happenings? And so we’ve gathered a few items that will, hopefully, make your day more enjoyable. Of course, on such a warm and sunny day, our antennae sometimes droop a wee bit. So if one flew by us unnoticed, please do write in and let us know. Meanwhile, enjoy….
* Pakistan’s pharma industry is very optimistic about exporting some $600 million in drugs by 2010, according to the country’s trade group. The Daily Times reports that would be a significant jump from $85 million this year. Presumably, this projection does not include heroin.
* Can pairing older drugs become a cure for the blockbuster blues? The New York Times profiles CombinatoRx and other biotechs that are hoping to strike it rich and fill pipelines to bursting.
* A new report recommends that Maryland must find new ways to attract biotechs to locate, and remain, in the state. The Baltimore Sun writes that officials shouldn’t expect companies to leave Boston, and should focus on courting companies from outposts where biotech isn’t thriving, such as Cleveland.
* The crystal ball was pulled out of the editor’s closet at The Economist, which catches up on hand-wringing reports released recently by PricewaterhouseCoopers, the consulting types, and PharmaFutures, an adhoc group of pension fund managers, industry execs and analysts. The conclusion - as if you didn’t already know? - pharma must change.
* The CDC has delayed a vote on MedImmune’s FluMist for kids under 5, which means the company is likely to miss out on that portion of the market the upcoming flu season, The Washington Post reports. Wonder how this will sit with AstraZeneca investors? Hmm… That $15.6 billion purchase price for MedImmune looks more expensive every day.
* Novartis and Ciba Specialty Chemicals, which the drugmaker once owned, are both being sued by New Jersey’ Department of Environmental Protection for pollution damages at 1,350-acre site, according to The Asbury Park Press.
* Officials in a Florida county are embarassed by the slow progress of a planned bio-pharmaceutical park in land left barren by the 1980 Liberty City riots. The problems? There are no tenants lined up, the local NBC affiliate reports, and the developer happens to be under criminal investigation. They should chat with their counterparts in Maryland (see above).
* AstraZeneca execs tells Interfax China about their plans to use the Asian nation as a global supply hub.








