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Friday's Health Winners & Losers

Stock quotes in this article: MAXY , MRK , BAY , ONXX , AMGN , CEPH , BOL  

Biotech and pharmaceutical companies put the brakes on a few clinical trials but also announced positive recommendations for European regulatory approvals Friday.

First, biotechnology company Maxygen(MAXY) announced that Roche put on hold clinical development of MAXY-alpha, a treatment for hepatitis C and hepatitis B virus infections.

Maxygen, which licenses the drug to Roche, said that in the phase I trial, it observed a reduction of efficacy in the majority of patients who received two doses of MAXY-alpha. ...

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