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Mar 22, 2007

Eisai Makes a $325M Leap into Biologics Market by Acquiring Morphotek

  • Eisai plans to enter the biologic therapeutics field through a $325-million acquisition of Morphotek.

    The company believes it can hone its focus on addressing unmet medical needs, especially those of cancer patients. Eisai expects to pad its small molecule driven oncology research program with Morphotek's technologies and therapeutic Mabs.

    Eisai plans on closing the transaction sometime during its first fiscal quarter of 2007.



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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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