| December 10, 2008 | News for the biotech, medical device, drug and food regulatory profession |
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| Drugs & Biologics |  |  |
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- FDA advisers endorse Genzyme's Synvisc-One
A group of independent experts unanimously recommended approval for Synvisc-One, a single-dose formulation of Genzyme's injectable drug for osteoarthritis, an FDA spokeswoman said. Genzyme's application is supported by data from a trial showing significant pain relief after 26 weeks. Forbes/The Associated Press
(12/9)
- FDA orders additional study for Targanta antibiotic
Targanta Therapeutics failed to secure FDA approval for oritavancin, an antibiotic for complex skin infections, and was asked to conduct another trial to determine efficacy and safety. Targanta said the agency expressed concern about two studies that reported deaths and adverse reactions among oritavancin users. Forbes/Reuters
(12/9)
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| Biotechnology |  |  |
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- Biotech sector seeks tax break from Congress
The Biotechnology Industry Organization and other sector leaders are asking Congress to temporarily amend a tax law to provide cash-strapped life sciences firms with upfront rebates in exchange for forgoing tax deductions that they can get once they become profitable. Bloomberg
(12/10), NYTimes.com
(12/9)
| Food & Dietary Ingredients |  |  |
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- U.S. beef on sale again in South Korea
After months of anti-beef rallies and riots in downtown Seoul, three major retailers have starting selling U.S. beef again. Fears about mad cow disease were spurred by a false news program claiming Koreans carry a gene making them more susceptible to mad cow disease than Americans. The Washington Post
(12/9)
- EU court fines France for refusing to enforce biotech crop rules
The European Court of Justice has imposed a 10 million fine on France for its failure to implement a 2002 regulation that details how biotech crops could be cultivated in locations where regular crops are planted. The delay in applying the EU rules was prompted by opposition from environmentalists to bioengineered crops, the French government said. BBC
(12/9)
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lspeid@sndtm.com.
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