November 18, 2008 9:08 PM
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Pharma Roundup: Cephalon Hikes Provigil Prices, Icahn Eyes Amylin, and More
(MoneyWatch) Cephalon hikes Provigil prices -- The drug maker is playing a cunning game. Provigil loses patent protection in 2012, but a new formulation coming out next year, Nuvigil, will remain protected for years. As Provigil's price skyrockets--it is already 74% higher than it was four years ago--Nuvigil will be released at a lower price point. Provigil users will switch over, and by the time a generic Provigil appears, everyone will be taking Nuvigil, or so Cephalon hopes. [Source: WSJ Health Blog]
Icahn eyes Amylin -- The notorious Carl Icahn, activist investor extraordinaire, has upped his stake in troubled Amylin. At the end of September he held 11 million shares. [Source: CNBC]
$16 million fine for J&J subsidiaries -- After an Illinois woman died while using the Duragesic patch in 2004, her family sued Johnson & Johnson units Janssen and ALZA, who marketed the patch. A judge has ordered the companies to pay $16,560,000. [Source: PharmaGossip]
All anti-depressants created equal -- Despite the millions spent on marketing, an American College of Physicians review has found all major types of anti-depressant to be comparable in treating depression. [Source: Pharmalot]
Icahn eyes Amylin -- The notorious Carl Icahn, activist investor extraordinaire, has upped his stake in troubled Amylin. At the end of September he held 11 million shares. [Source: CNBC]
$16 million fine for J&J subsidiaries -- After an Illinois woman died while using the Duragesic patch in 2004, her family sued Johnson & Johnson units Janssen and ALZA, who marketed the patch. A judge has ordered the companies to pay $16,560,000. [Source: PharmaGossip]
All anti-depressants created equal -- Despite the millions spent on marketing, an American College of Physicians review has found all major types of anti-depressant to be comparable in treating depression. [Source: Pharmalot]
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