Lilly stops rheumatoid arthritis trial for lack of efficacy

(Reuters) – Eli Lilly and Co said it will stop one of three late-stage trials of its rheumatoid arthritis (RA) drug tabalumab due to insufficient efficacy.The decision to stop the trial came after an interim futility analysis of the study, called FLEX-M.The trial was testing the drug in patients with moderate-to-severe RA who had an inadequate response to methotrexate therapy, which is a standard...

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Outgoing husband and wife reps at odds on fiscal cliff deal

Spinners and WinnersHusband-and-wife team Reps. Connie Mack, R-Fla., and Mary Bono Mack, R-Calif., got some bad news on November 6. Both lost their elections and are now leaving Congress at the same time. But they've got one foot out the door during one of the most controversial lame duck sessions in recent history. Neither is budging on their votes -- though they don't exactly see eye-to-eye on the...

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North Korea’s new leader burnishes credentials with rocket

SEOUL/TOKYO (Reuters) – North Korea successfully launched a rocket on Wednesday, boosting the credentials of its new leader and stepping up the threat the isolated and impoverished state poses to its opponents.The rocket, which North Korea says put a weather satellite into orbit, has been labeled by the United States, South Korea and Japan as a test of technology that could one day deliver a nuclear...

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Publisher Bonnier, Flingo partner to make Smart TV Apps

NEW YORK (TheWrap.com) – Bonnier, the publisher of magazines like Savuer and Popular Science, and Flingo, the largest publisher of apps for Smart TVs, have partnered to create a series of apps extending Bonnier’s titles onto Internet-enabled TV sets and set-tops boxes like the Roku.Together, they will release a new app for each magazine, offering videos, images and archival content for fans. Savuer...

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Gilead to buy YM BioSciences for about $465 million

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Defiant North Korea launches long-range rocket into orbit

United States officials confirm that North Korea appears to have carried out the successful launch of a long-range rocket.The move comes as a surprise to the international community, which has consistently called on North Korea to abandon its efforts.Less than 24 hours earlier, the North Koreans had indicated they were grappling with "technical uncertainties" that forced them to extend the launch...

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Australian prank call radio to donate profits to nurse’s family

CANBERRA (Reuters) – The Australian radio station behind a prank call to a British hospital will donate its advertising revenue until the end of the year to a fund for the family of the nurse who apparently took her own life after the stunt, the company said on Tuesday.Southern Cross Austereo, parent company of Sydney radio station 2Day FM, said it would donate all advertising revenue, with a minimum...

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BlackBerry Messenger 7 adds free Wi-Fi voice calling, split-screen multitasking and more

Research in Motion (RIMM) updated its BlackBerry Messenger to version 7 on Monday, adding a new key feature called “BBM Voice” that “will allow customers to make free voice calls to their BBM contacts around the world over a Wi-Fi connection.” BBM 7 also introduces multitasking with split-screen, which allows users to BBM, check email, or use other apps while on a BBM Voice call; new compatibility...

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Novo bets on high-price niche for obesity drug

LONDON (Reuters) – Denmark’s Novo Nordisk is sizing up a high-price niche market for its drug liraglutide as a weight-loss treatment, with the United States the prime opportunity.The premium-price approach could turn it into a multibillion-dollar-a-year product, the company believes.Novo is studying the injected drug – already on the market as a treatment for type-2 diabetes under the brand name Victoza...

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Egypt opposition fears violence from Brotherhood

CAIRO (AP) — They showed a military-style precision: Crowds of bearded Islamists proclaiming allegiance to Egypt's President Mohammed Morsi and chanting "God is great" as they descended on tents set up by anti-Morsi protesters outside the presidential palace, swinging clubs and firing rifles. They set up a detention facility, interrogating and beating captured protesters.The scene from bloody clashes...

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