IN THE NEWS: Cubist wins expanded approval for GI drug

Cubist Pharmaceuticals Inc. has won an expanded Food and Drug Administration approval for its gastrointestinal surgery drug Entereg.
The drug helps speed recovery for patients after bowel resection for benign or malignant colorectal or small bowel disease. The new approval means the drug could also be used for patients following a complex surgery called radical cystectomy, which involves removing a part of the bowel in order reconstruct the urinary tract. Entereg is the first and only FDA-approved agent for this use.
The Lexington, Mass.-based company (Nasdaq: CBST)is positioning the drug as one that can save hospitals money.
“Delayed GI recovery is one of the most common causes of prolonged hospital stays in patients undergoing major abdominopelvic surgery. We are pleased that doctors will have the option to help speed GI recovery for appropriate patients who have undergone surgeries that included a bowel resection,” Steven Gilman, Executive Vice President of Research and Development and Chief Scientific Officer of Cubist, said in a statement. “At Cubist, we are committed to improving patient outcomes within the hospital setting, and enabling patients to leave the hospital sooner through the use of therapeutics that help put them on the path to good health.”
Entereg was first approved by the FDA in 2008, when it was owned by Adolor Corp. Adolor agreed to be acquired by Cubist in October 2011. Cubist grew revenues for the drug to $40.2 million in 2012 from $32 million in 2011. Cubist has said Entereg sales will hit $100 million by 2017.
Entereg is available only for short-term use in hospitalized patients, because of the potential increased risk of myocardial infarction.


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Date Change for Mylan Phase 2 Online Auction of in Napa Valley, CA- Additional Lots Added

 

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359,000 Sq Ft State of the Art Pharmaceutical Facility
Complete Facility Closure of a Major Pharmaceutical Manufacturing Plant in Napa, CA.Consisting of Surplus Assets to the Continued Operations of Mylan, Inc. at the Dey Pharmaceuticals Facility.Mylan Specialty (formerly Dey Pharmaceuticals) develops, manufactures and markets prescription drug products for the treatment of respiratory diseases, severe allergic reactions and psychiatric disorders, according to the company website.
Bidding Starts: Wednesday October 15, 2013
Closing Begins: Thursday, October 16, 2013
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Complete Nasal Spray Packaging Line 
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Multiple Agilent 1200 HPLCs
Multiple Agilent 1100 HPLCs
Perkin Elmer Analyst 800 Atomic Spectrometer with Autosampler
Agilent 6890AW with 5873 MSD Detector
Thermo Surveyor HPLC with Finnigan LCQ Duo Mass Spec
Freezers, Refrigerators and flow hoods
Pippettes, Glassware and Consumables
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