Industry News

• Chelsea Therapeutics reports fourth quarter and full year 2009 results  Chelsea reported a net loss for the quarter ended December 31, 2009 of $6.0 million or ($0.18) per share versus a net loss of $9.0 million or ($0.30) per share for the comparable period in 2008.
  Chelsea Therapeutics, Inc. March 10, 2010  
• Monsanto ranks no. 28 on the 2010 DiversityInc Top 50 Companies for Diversity(R) list  Monsanto Company has been named to The 2010 DiversityInc Top 50 Companies for Diversity(R) list for its demonstrated use of measurable diversity best practices and results. A total of 449 companies participated this year, up 12 percent from last year.
  Monsanto Company March 10, 2010  
• Medtronic introduces the Vertex Select(R) Reconstruction System  When a patient has a spinal condition that requires fusion or a procedure that must be performed from the back of the spine, the VERTEX SELECT(R) Reconstruction System contains implants and an instrument set for performing this surgical procedure.
  Medtronic, Inc. March 10, 2010  
• Abbott receives U.S. FDA approval for new cataract multifocal intraocular lens  Abbott announced it has received U.S. Food and Drug Administration (FDA) approval for the TECNIS(R) Multifocal 1-Piece intraocular lens (IOL) for cataract patients with and without presbyopia.
  Abbott March 10, 2010  
• FDA approves Botox to treat spasticity in flexor muscles of the elbow, wrist and fingers  The U.S. Food and Drug Administration approved Botox (onabotulinumtoxin A) to treat spasticity in the flexor muscles of the elbow, wrist, and fingers in adults. Spasticity is common after stroke, traumatic brain injury, or the progression of multiple sclerosis.
  FDA March 09, 2010  
• Abramson appointed to Kate B. Reynolds Charitable Trust Executive Council  Jon S. Abramson, M.D., professor and chair of pediatrics at Wake Forest University School of Medicine, has been appointed to serve as a member of the Kate B. Reynolds (KBR) Charitable Trust Executive Council.
  Wake Forest University March 09, 2010  
• Abbott enhances pharmaceutical pipeline with acquisition of Facet Biotech  Abbott and Facet Biotech announced a definitive agreement for Abbott to acquire Facet, enhancing Abbott's early- and mid-stage pharmaceutical pipeline.
  Abbott March 09, 2010  
• Vaccinating children against flu helps protect wider community  Results of a clinical trial conducted in a largely self-contained religious community during the 2008-09 influenza season show that immunizing children against seasonal influenza can significantly protect unvaccinated community members against influenza as well.
  National Institutes of Health March 09, 2010  
• Bristol-Myers Squibb and AstraZeneca announce the commencement of the SAVOR-TIMI 53  BMS and AstraZeneca announced the commencement of the "Saxagliptin Assessment of Vascular Outcomes Recorded in Patients with Diabetes Mellitus" trial (SAVOR-TIMI 53), a multicenter, randomized, double-blind, placebo-controlled Phase 4 study, to evaluate treatment with ONGLYZA(TM)(saxagliptin).
  Bristol-Myers Squibb Company March 09, 2010  
• Monsanto to break ground on new breeding station in Mississippi  To better serve the needs of southern farmers, Monsanto plans to open a new corn breeding station in Flora, Mississippi. The $2.4 million facility further boosts the company's investment in the South and is a reflection of Monsanto's commitment to continue delivering new high-performing products.
  Monsanto Company March 09, 2010  

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