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Beating the odds

Here’s the problem with every promising new drug that pops out of a lab: There are a million ways to fail before any treatment completes the testing and clinical trials required for commercial approval. Hope springs eternal, but the odds stink. (Boston Globe, 12/24/09)

Biotech firms, Hub hospitals strengthen ties

Two Boston teaching hospitals are stepping up research into cardiovascular disease in separate programs that illustrate the deepening collaboration between academic medical centers and the biopharmaceutical industry. (Boston Globe, 12/23/09)

Amgen says court blocks rival Roche anemia drug

Swiss drugmaker Roche will not be allowed to sell its anemia drug Mircera in the U.S. until July 2014 under terms of a settlement with Amgen Inc., the companies said Tuesday. (AP, 12/22/09)

Amgen's Prolia moves closer to European approval

Amgen Inc. said Friday a European advisory committee recommended approval of the biotechnology company's osteoporosis drug Prolia, also called denosumab. (AP, 12/18/09)

Aveo plans to sell shares in IPO

Aveo Pharmaceuticals Inc., a seven-year-old Cambridge start-up developing cancer drugs, yesterday become the second Massachusetts biotechnology company in four weeks to disclose plans to sell shares in an initial public offering. (Boston Globe, 12/17/09)