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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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From: Icebrg1/14/2008 3:54:06 PM
   of 3044
 
FDA Approves TYSABRI(R) for the Treatment of Moderate-to-Severe Crohn's Disease
Monday January 14, 3:38 pm ET

[I guess this could be seen as slightly encoraging for MLNM (MLN0002)]

DUBLIN, Ireland & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Elan Corporation, plc (NYSE: ELN - News) and Biogen Idec (NASDAQ: BIIB - News) today announced the approval of a supplemental Biologics License Application (sBLA) by the U.S. Food and Drug Administration (FDA) for TYSABRI® (natalizumab). TYSABRI is now approved for inducing and maintaining clinical response and remission in adult patients with moderately to severely active Crohn’s disease (CD) with evidence of inflammation who have had an inadequate response to, or are unable to tolerate, conventional CD therapies and inhibitors of TNF-alpha. TYSABRI will be available for the treatment of CD upon the completion of key implementation activities related to the approved risk management plan. The companies anticipate TYSABRI will be available to Crohn’s patients by the end of February 2008.
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