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Pharma Roundup: Cephalon Hikes Provigil Prices, Icahn Eyes Amylin, and More

By John Maas | November 18th, 2008 @ 6:08 pm

Cephalon hikes Provigil prices  — The drug maker is playing a cunning game. Provigil loses patent protection in 2012, but a new formulation coming out next year, Nuvigil, will remain protected for years. As Provigil’s price skyrockets—it is already 74% higher than it was four years ago—Nuvigil will be released at a lower price point. Provigil users will switch over, and by the time a generic Provigil appears, everyone will be taking Nuvigil, or so Cephalon hopes. [Source: WSJ Health Blog]

Icahn eyes Amylin — The notorious Carl Icahn, activist investor extraordinaire, has upped his stake in troubled Amylin. At the end of September he held 11 million shares. [Source: CNBC]

$16 million fine for J&J subsidiaries — After an Illinois woman died while using the Duragesic patch in 2004, her family sued Johnson & Johnson units Janssen and ALZA, who marketed the patch. A judge has ordered the companies to pay $16,560,000. [Source: PharmaGossip]

All anti-depressants created equal — Despite the millions spent on marketing, an American College of Physicians review has found all major types of anti-depressant to be comparable in treating depression. [Source: Pharmalot]

Tags: Cephalon Inc., Icahn, John Maas, Johnson & Johnson, Provigil, Patches, Security

 

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AboutPharma Industry

BNET Pharma provides daily industry news coverage and insights for managers and executives about the major manufacturers of pharmaceuticals and medicine. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, new patents and products, mergers and acquisitions, cost management, investments and deal flow, and a host of other important business issues.