GSK, IBM, TrialStat
News Briefs
A few news bulletins for Friday, April 13.
The best minds on Wall Street like Pfizer’s $68 billion acquisition of Wyeth. Last week, to take just one example, a prominent firm (which advised Pfizer on the merger) said it believes its client is poised for a revival once it has Wyeth drugs in its pipeline.Yesterday, Merck took a page from the same play book, buying Schering-Plough for $41 billion. For Wall Street, the logic is simple: Pulling two ocean tankers is easier than pulling one. This is not because the investment bankers have been in the water trying to tow one of the big ships with their own strength. Rather, the financial community has access to top-secret calculators and advanced investment algorithms. We don’t have access to those calculators. But we wonder about the math of this year’s mega-mergers. Pfizer plans to hack $4 billion in redundant costs out of its operations to justify the deal. Merck will shave…more...
Sydney “Syd” Wolfe, director of Public Citizen’s health research group, is scratching his head. Tequin (gatifloxacin)—an antibiotic that Public Citizen Bristol-Meyers…more...
Does the pharmaceutical industry need to rethink the management of drug safety data and pharmacovigilance? A few companies already are. That was clear at this year’s annual Society For Clinical Data…more...
Yesterday, Pfizer announced that it was abandoning new projects in cardiovascular disease. This was about as expected as Federal Express investing in horse-based shipping routes. Then GSK leaked word it was…more...
What do a Boston psychiatrist, a Brown University administrator, and a diminutive, legally blind district attorney all have in common? All three believed something was amiss with the marketing of selective serotonin release inhibitors (SSRIs) for children and adolescents. All three serve as the protagonists in Alison Bass’s new book “Side Effects: A Prosecutor, a Whistleblower, and…more...
Is there a more wasteful federal program than NASA? Does it matter if a robot can land on some planet and take a picture of itself digging a small hole? It’s clear that NASA is both useless and popular. Which is the opposite of the pharmaceutical industry: indispensible and unpopular. NASA gets it. NASA understands public relations.…more...
Johnson & Johnson selected ArisGlobal as its drug safety solution, a significant endorsement for the pharmacovigilance software house. “With ArisGlobal’s ARISg robust feature set, flexible data model, intuitive user interface and ability to integrate with our key systems, Johnson & Johnson will incorporate this solution into our existing enterprise-wide processes, knowing that they have the ability to…more...
Should a clinical trial unfold like a beloved family recipe, by rote from a time-honored template passed down through generations of trial operations managers? That is one approach in the industry. Or should the process be dynamic and interactive, driven by actual and simulated data? That’s the modus operandi of DecisionView, a 50-person firm out of San…more...
A few news bulletins for Friday, April 13.
A luminary in the development of software for drug safety talks about a new version of a key application.
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