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Venture firms bet $41M more on P&G spinout developing oral anemia drug

Venture firms bet $41M more on P&G spinout developing oral anemia drug

June 4, 2013 2:41 pm by | 0 Comments

Akebia Therapeutics might be a bit behind in the race to develop a safer, oral drug for anemia, but it’s just gotten a big vote of confidence from investors in ... Read more

Procter & Gamble posts strong earnings, shares rise

Procter & Gamble posts strong earnings, shares rise

January 25, 2013 7:34 am by | 0 Comments

Procter & Gamble (NYSE: PG) reported fiscal second quarter earnings Friday before the market open beating analyst expectations on both the top and bottom and lines. Shares rose slightly in ... Read more


Procter & Gamble to promote insomnia drug from Somaxon

Procter & Gamble to promote insomnia drug from Somaxon

August 26, 2010 12:14 pm by | 0 Comments

The deal with Somaxon is P&G's only one in which its sales reps promote a prescription drug developed by another company. ... Read more

Akebia begins Phase 2a trial of oral anemia drug

Akebia begins Phase 2a trial of oral anemia drug

July 22, 2010 11:31 am by | 0 Comments

Akebia Therapeutics Inc. has begun a Phase 2a clinical trial of its orally administered anemia drug.The company recently completed a Phase 1b trial of the drug, called AKB-6548, that showed ... Read more

Ohio drug, therapy companies share limelight at BIO convention

Ohio drug, therapy companies share limelight at BIO convention

May 3, 2010 8:19 am by | 0 Comments

The Biotechnology Industry Organization international convention returns to Chicago this week — a nod to the importance of pharmaceutical and therapeutic companies in Midwestern states like Ohio.Drugmaking has history in ... Read more

Blue Ash Therapeutics raises $2M-plus to push drug over finish line

Blue Ash Therapeutics raises $2M-plus to push drug over finish line

April 28, 2010 6:40 pm by | 0 Comments

Blue Ash Therapeutics has raised more than $2 million to help push its first and only drug across the regulatory finish line with a pivotal clinical trial.Started more than a ... Read more

Ohio universities, Procter & Gamble to speed ideas to market

Ohio universities, Procter & Gamble to speed ideas to market

April 22, 2010 4:10 pm by | 0 Comments

The University System of Ohio’s 14 universities and consumer product giant Procter & Gamble (NYSE: PG) in Cincinnati have agreed to simplify the legal process of negotiating joint research projects ... Read more


Warner Chilcott to shut former P&G pharma office; 250 jobs gone

Warner Chilcott to shut former P&G pharma office; 250 jobs gone

March 18, 2010 4:56 pm by | 0 Comments

The Irish company that acquired Procter & Gamble Co.‘s pharmaceutical division last year is shutting its Mason, Ohio, office to boost its operational effectiveness, cutting about 250 jobs, according to ... Read more

Night Read (Ohio): Tennessee hospital looks to buy Forum Health?

Night Read (Ohio): Tennessee hospital looks to buy Forum Health?

February 4, 2010 5:44 pm by | 0 Comments

A sale of Youngstown's Forum Health, which is reorganizing under Chapter 11 bankruptcy protection, to Nashville, Tenn., hospital system Ardent Health Services hinges on successful negotiations with unions representing about ... Read more

Gov. Ted Strickland: ‘I believe in Ohio’

Gov. Ted Strickland: ‘I believe in Ohio’

January 26, 2010 2:57 pm by | 2 Comments

Ohio Gov. Ted Strickland did not mention the terms "biomedical" or "health care" in his State of the State address at noon today. However, Strickland did announce several business investment, ... Read more

Prilosec OTC wants to help you enjoy your passions ’ MedCity Evening Read, Jan. 6, 2010

Prilosec OTC wants to help you enjoy your passions ’ MedCity Evening Read, Jan. 6, 2010

January 6, 2010 7:25 pm by | 0 Comments

Prilosec OTC today launched the "Official Sponsor of Everything You Do Without Heartburn" program to help consumers enjoy their passions (excluding heartburn). ... Read more

Cleveland Clinic gets grants, license agreement, invests in digital medicine — MedCity Evening Read, Dec. 8, 2009

Cleveland Clinic gets grants, license agreement, invests in digital medicine — MedCity Evening Read, Dec. 8, 2009

December 8, 2009 10:20 pm by | 0 Comments

The Cleveland Clinic has received a $2.75 million federal grant to study the use of stem cells in treating multiple sclerosis, received a grant of more than $123,000 from NFL ... Read more

P & G leaves prescription drugs: What (people think) it all means

P & G leaves prescription drugs: What (people think) it all means

August 24, 2009 2:59 pm by | 2 Comments

Read through the additional details, predictions and pontifications beyond the fact Irish drugmaker Warner Chilcott purchased Procter & Gamble's prescription drug unit for $3.1 billion. ... Read more

The costs of pharmaceuticals changed. For P&G, the price was too high

The costs of pharmaceuticals changed. For P&G, the price was too high

August 24, 2009 10:10 am by | 3 Comments

P & G is selling a pharmaceutical line that had revenue of $2.3 billion last year and net income of approximately $540 million for the year ended June 30. But ... Read more

Drug companies beginning to tie prices to effectiveness — MedCity morning read, April 23

Drug companies beginning to tie prices to effectiveness — MedCity morning read, April 23

April 23, 2009 8:50 am by | 0 Comments

Drug companies are beginning to base the prices of their products on how well they improve patients' health. Health insurer CIGNA and drug maker Merck announce the latest agreement. Last ... Read more