MedImmune, CSL Enter Licensing Deal and CV Therapeutics Files Application for European Marketing

Biotechnology industry news provided by Financial News USA (OTC: FNWU). Biotechnology Company MedImmune Inc. (Nasdaq:MEDI) said Wednesday it has licensed its proprietary reverse genetics intellectual property to CSL Ltd. of Australia to support the development of new human seasonal and pandemic influenza vaccines. Reverse genetics is a method by which viruses can be generated entirely from segments of DNA. MedImmune will receive an upfront payment and has the potential to receive royalties on any vaccine stockpiles. Biotechnology Company Gilead Sciences Inc. (Nasdaq:GILD) said Tuesday it developing inhalant treatment for cystic fibrosis patients who have a type of pulmonary infection met its primary endpoint in a late-stage trial. The drug candidate, called aztreonam lysine, demonstrated "significant improvement" in patients after a 28-day treatment course in a Phase III trial. The study involved 247 patients.

CV Therapeutics, Inc. (Nasdaq: CVTX) recently announced that a Marketing Authorization Application (MAA) seeking approval of ranolazine for the treatment of chronic angina has been filed with the European Medicines Agency (EMEA). The MAA includes additional data and results from studies conducted after March 2004. Chronic angina is a serious and debilitating heart condition. MarCom PR, Inc. a leading full-service marketing communications, public relations, advertising, and Internet solutions agency, recently announced that the City of Industry-based Emergency Disaster Systems (EDS) a subsidiary of U.S. BioDefense, Inc. (OTC BB: UBDE) has selected MarCom PR as its marketing and public relations agency of record. MarCom PR was chosen based on its industry knowledge, integrated public relations approach and the ability to provide a full range of communication services.

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