"Pretty much every pharmaceutical company in the world" is testing amyloid-busting drugs, says Menelas Pangalos, vice president for neuroscience research at the pharmaceutical firm Wyeth.

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Regulators and companies remember the fen-phen disaster, when a drug from Wyeth resulted in the biggest pharmaceutical tort ever.

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In the past decade, many big pharmaceutical players, including Wyeth, Roche and Eli Lilly, backed off antibiotic research.

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Wyeth, one of the world's largest pharmaceutical companies, created a myostatin-blocking drug and put it into clinical trials for Duchenne muscular dystrophy, a muscle-wasting disease that kills hundreds of men each year before they reach their mid-thirties.

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Finally, whenever I talk about specific pharmacologic treatments I need to disclose that in addition to my academic work I have given lectures for two pharmaceutical companies in the last year: Lilly and Wyeth.

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The move to buy Wyeth is the first in a new round of consolidation in the pharmaceutical industry, in what analysts expect will be a significant shrinking of the sector.

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