FDA approves Vanda’s earlier-rejected schizophrenia drug; shares increase 643 percent!
Submitted by Jason Ramsey on Fri, 05/08/2009 - 09:11With the Food and Drug Administration (FDA) approving Vanda Pharmaceuticals' earlier-rejected schizophrenia drug - Fanapt (iloperidone) - a whopping eight-fold increase, a 643 percent jump, in the shares of the Rockville, Maryland-based drugmaker was nothing short of astonishing!
Human Genome Sciences Shares Crash as Hepatitis C Drug Disappoints
Submitted by Dominic Haber on Tue, 03/10/2009 - 07:38Shares of drug developer Human Genome Sciences Inc. plummeted to nearly half Monday as the company’s results for the developing hepatitis C drug Albuferon in a late-stage trial, failed to show numerically better efficacy compared to standard-of-care.
FDA Warns Asthma Drugs Could Pose Risks
Submitted by Jason Ramsey on Sat, 12/06/2008 - 09:39
The Food and Drug Administration said there were concerns regarding serious side effects from three popular asthma medicines which could increase the hospitalization risk as well as death risk in some users.
CNSI secures contract worth $32 million
Submitted by Medha Sood on Tue, 11/25/2008 - 23:17CNSI has secured an order worth $32 million from Los Alamos National Laboratory (LANL) to provide lab-wide telecommunications support services.
Under the arrangement, CNSI will operate and maintain the Los Alamos Integrated Communication System (LAICS), including engineering, system upgrades, enhancements and additions.











