Friday, May 26

Elan targets June for Tysabri future:
"Elan is hoping to clarify the future of its multiple sclerosis drug Tysabri by the end of June, it confirmed today. Speaking at the group's annual general meeting, Elan's Chief Executive Kelly Martin said he hoped that Elan would have a better idea about the controversial drug's future prospects by June 28. The company is hoping to get the goahead from regulators in June, allowing them to begin relaunching the drug in the third quarter...."