FDA Approves Nasal Spray for Allergic Rhinitis in US
US Food and Drug Administration finally cleared way for the Sun Pharmaceutical Industries by approving its generic version of Astelin, which is used to treat nasal problems in North America. The company is already selling the generic Azelastine HCL nasal spray which has annual sales of around $144 million in the US.
Pregnant women can diet, study
First Stem Cell Drug Developed
As per reports, it has been revealed that Osiris Therapeutics of Columbia has become the first biochemical company, which has manufactured a drug known as Prochymal, which is based on stem cells.
Roche Stops Heart Drug Trial
As per reports, it has been revealed that Swiss drugmaker Roche Holden AG has stopped the drug trial of dalcetrapib, which would have fetched them $10 billion in the form of annual sales. The Data and Safety Monitoring Board was the one, which recommended stopping the trial as it was deriving the desired benefit.
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