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Keyword: vancocin

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  • Crucial Antibiotic Rescues Biotech Maker's Finances

    11/09/2005 8:59:15 PM PST · by neverdem · 7 replies · 354+ views
    NY Times ^ | November 9, 2005 | ANDREW POLLACK
    Roche, whose drug Tamiflu is in great demand as a preparation for a possible influenza pandemic, is not the only company reaping a financial windfall from a treatment for a contagious disease. And in this case, the health threat is not merely a potential one. ViroPharma, a formerly struggling biotechnology company, sells Vancocin, the only drug approved to treat Clostridium difficile, a bacterium that already kills thousands of people a year in this country and is apparently becoming more common and more deadly. The life-saving drug has turned out to be a financial lifesaver for ViroPharma which, almost by...
  • Lilly agrees to sell rights to antibiotic for $116 million

    10/19/2004 4:55:58 AM PDT · by Born Conservative · 314+ views
    INDIANAPOLIS - Eli Lilly and Co. has agreed to sell U.S. rights to its antibiotic Vancocin for $116 million and a percentage of future sales through 2011. The buyer is the small, Exton-Pa.-based drug development firm ViroPharma Inc., The Indianapolis Star and The Philadelphia Inquirer reported Tuesday. ViroPharma aims to increase sales of Vancocin by promoting it for the first time in years to hospitals, where the capsule form is used to control gastrointestinal infections. Vancocin generated U.S. sales of $40 million last year. The drug's U.S. patent expired in 1988, but the antibiotic is so difficult to make that...