Posts Tagged ‘Experimental Drug’

Medarex Shares Up As Prostate Cancer Drug Shows Promise

24th June 2009 by admin 2 Comments

Shares of Medarex Inc (MEDX.O) rose as much as 22 percent Monday on a Mayo Clinic report that two prostate cancer patients became cancer-free after being treated with the company’s experimental drug, ipilimumab, in combination with other therapies and surgery.
On Friday, the Mayo Clinic said both patients experienced reduction in levels of a protein called [...]

New Diabetes Drug Shows Promise in Trial

9th June 2009 by admin 3 Comments

An experimental diabetes drug called liraglutide appears to outperform exenatide (Byetta), the only currently approved drug in its class, a study funded by liraglutide’s maker, Novo Nordisk, shows.
Liraglutide is a laboratory-made version of glucagon-like peptide-1 (GLP-1), a hormone produced by the body that stimulates insulin production. Several members of the [...]