Ironwood Pharmaceuticals, a Cambridge biotechnology company developing a treatment for irritable bowel syndrome, yesterday filed plans to go public. (Boston Globe, 11/20/09)
WASHINGTON - Genzyme Corp. said it will abandon development of a drug to lower phosphorus levels in the blood after the medicine failed to work better than a current product. (Boston Globe, 11/18/09)
Genentech Inc. and partner Biogen Idec Inc. said Wednesday the Food and Drug Administration has asked for more information before considering approving Rituxan as a leukemia treatment. (AP, 11/18/09)
Genzyme Corp. said Wednesday it is canceling development of a successor to its kidney treatment Renvela, as the new drug did not work much better than Renvela. (AP, 11/18/09)
Genzyme Corp. yesterday said US regulators are delaying approval of Lumizyme, its drug to treat the rare genetic disorder Pompe disease in adults, until the Cambridge biotechnology company solves persistent problems at its cell culture manufacturing plant in Allston. (Boston Globe, 11/16/09)