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Sunday, November 08, 2009
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Novartis buys Protez for rights to new antibiotic
June 04, 2008
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Solomon Islands
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Swiss pharmaceutical giant Novartis announced on Wednesday it had bought Protez Pharmaceuticals for 100 million dollars (64.8 million euros), thus acquiring the rights to a new antibiotic. The initial 100-million-dollar payment could be followed by up to another 300 million depending on the performance of PZ-601, the antibiotic developed by Protez. PZ-601 is currently undergoing phase II tests. Novartis and Protez are hoping it will act as a broad-spectrum antibiotic effective against potentially fatal drug-resistant infections, a growing problem in hospitals. In its statement, Novartis said that more than 100,000 people were estimated to have died in the US and Europe from problems relating to antibiotic resistance.
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Essential Reading
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Saudi man demands $300 k for divorce
Nov 08, 2009 at 06:41
Husband will divorce Canadian wife, give her custody of kids and let them return to Canada for cash -paper.
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Discussion Forum
LATEST
7 DAYS
1 MONTH
Muslim officer kills 13 at U.S. military base
11/8/2009 5:32:11 AM
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Ass'salaamu Alai'koom, My persoanl opinion is that may be our brother Nidal is just being made a scapegoat to malign the religion of peace. Islam never teaches killing any anyone, no...
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Chelsea on top as Reds win but Arsenal falter
11/8/2009 5:16:56 AM
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Chelsea is running to the first place like horse running. This team hard working in england premier league to be good position
MORE
Egypt Islamists blast Beyonce 'sex party'
11/8/2009 1:53:58 AM
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When we have bath we wear no or less clothing. However, when we go out we wear best of our dresses and suits because the needs of the places are different and we dress appropriately and...
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Passport confiscation rampant in UAE
11/2/2009 10:17:00 PM
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How many times I tried to draw attention to this serious matter on different medias, even here on Maktoob Business. Passport Confiscation = Slavery... Nothing Else. It's part of the...
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Indonesia hits Arab states with worker ban
11/4/2009 3:43:00 AM
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I think countries (India, Pakistan, SRilanka, Bangladesh, Indonesia and Philippines) are equally responsible for the plight of workers. Most of Arab people are corrupt minded. The travel...
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Saudi to crucify child rapist
11/3/2009 8:57:58 AM
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Being a mom of 4 children I would say no mercy for such a monster and as said above legal rights council should be ashamed of defending a rapist and take a look about the rights of...
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Passport confiscation rampant in UAE
Nov 03, 2009 at 01:17
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How many times I tried to draw attention to this serious matter on different medias, even here on Maktoob Business. Passport Confiscation = Slavery... Nothing Else. It's part of the...
MORE
Saudi trials mixed-sex education
Oct 20, 2009 at 06:36
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Mumbo Jumbo
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UAE likely to test Western expats' driving
Oct 15, 2009 at 08:28
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http://wwmdcanada.blogspot.com/2009/10/there-is-lot-of-debate-these-days-about.html I have posted a blog post on the subject at the above link, please post it. Your readers may find it...
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