Word: cephalon
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That prompted Cephalon, the biotech firm that markets the drug in the U.S., to begin studies to determine whether the pill could prove useful for a wider variety of problems, including obstructive sleep apnea, a condition in which various breathing problems make restful sleep nearly impossible. (Even after successful treatment of the breathing problem, some people with sleep apnea still feel extremely drowsy during the day.) Last week Cephalon announced plans to acquire--for $450 million in cash--the small French pharmaceutical company from which it licenses Provigil...
...know is that burning the midnight oil is bad for your health. Sleep is the body's great restorer. It helps ensure the proper working of the brain, balances the emotions and maintains the immune system. Despite news reports last week suggesting that Provigil might make sleep unnecessary, even Cephalon execs don't go that far. "Provigil is not a substitute for sleep," insists Matthew Miller, senior director of pharmacology. "That's the last thing I want to see happen...
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