At Cubist Pharmaceuticals outside Boston, Wyeth veteran Francis Tally rescued a novel antibiotic abandoned by Eli Lilly.
In the past six years, there have been two clear examples: Zyvox, from Pfizer, and Cubicin, from Cubist Pharmaceuticals.
Cubist Pharmaceuticals Inc. ( NASD: CBST) is up about 1.4%, and ProAssurance Corp. ( NYSE: PRA) is up by about 0.3%.
Cubist Pharmaceuticals (nasdaq: CBST - news - people ) now sells Cubicin, a first-in-class injectable bacteria killer it licensed from Lilly.
On the same day that Encysive got its bad news, Cubist Pharmaceuticals announced a two-month delay on a key new marketing claim for its antibiotic.
But these new drugs, which are being developed by French drug giant Aventis and tiny Cubist Pharmaceuticals , are not going to solve the growing problem of antibiotic resistance.
Cubist Pharmaceuticals in Lexington, Mass. is waiting for approval on Cidecin, an injection for treating hospital-acquired skin infections, which was discovered and then mothballed by Eli Lilly.
"They have the sheer power of simple mutations, " says Francis Tally, chief scientist at Cubist Pharmaceuticals (nasdaq: CBST - news - people ) in Lexington, Mass.
Among the largest underlying components of PSCH, in trading today Salix Pharmaceuticals Ltd ( SLXP) is off about 2%, and Cubist Pharmaceuticals Incorporated ( CBST) is lower by about 1.6%.
On the same day that Encysive got its bad news, Cubist Pharmaceuticals (nasdaq: CBST - news - people ) announced a two-month delay on a key new marketing claim for its antibiotic.
Among the largest underlying components of XBI, in trading today Seattle Genetics Incorporated ( NASD: SGEN) is down about 1.4%, Alexion Pharmaceuticals Incorporated ( NASD: ALXN) is off about 0.8%, and Cubist Pharmaceuticals Incorporated ( NASD: CBST) is lower by about 0.5%.
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