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Sartorius to Expand Pharmaceutical Plant in Puerto Rico

Wednesday, May 25, 2016

Puerto Rico39s governor says pharmaceutical supplier Sartorius is investing 50 million to expand its plant in the US territory and convert it to its main logistical hub for the Americas Gov Alejandro Garcia Padilla said Tuesday that the Germanybased company expects to create 350 new jobs in the nex..

Biotest opens new plasma collection centre in Brookings, South Dakota, USA

Wednesday, May 25, 2016

Biotest Pharmaceuticals Corporation Boca Raton USA BPC a 100 subsidiary of Biotest AG Germany a leading manufacturer of plasma proteins and biological products is pleased to announce the addition of its newest plasma collection centre located at Brookings South Dakota USA The stateoftheart facility ..

FDA panel recommends approval of Novo Nordisk diabetes drug

Wednesday, May 25, 2016

A US advisory panel on Tuesday recommended approval of a new diabetes drug made by Novo Nordisk AS that combines two of its existing treatments in a fixeddose combination designed to be both effective and convenient The panel voted 160 that the Food and Drug Administration should approve the drug i..

GSK lung drug succeeds in big UK study, after earlier miss

Wednesday, May 25, 2016

GlaxoSmithKline39s new inhaled medicine Breo proved significantly better than standard care in a large British study that tested it in everyday use providing a fillip for the product after the failure of another big trial in 2015 GSK said on Tuesday the study which tested Breo in daytoday practice ..

Arbor Pharmaceuticals to Acquire XenoPort

Tuesday, May 24, 2016

Arbor Pharmaceuticals LLC and XenoPort Inc announced that they have signed a definitive agreement under which Arbor will acquire XenoPort for 703 per share in cash or a total equity value of approximately 467 million The purchase price per share represents a 60 percent premium to the closing price o..

UCB faces U.S. patent challenge for epilepsy drug

Tuesday, May 24, 2016

The US Patent and Trademark Office has begun a trial into whether Belgian pharmaceutical company UCB39s patent for an epilepsy drug is valid said a generic drug company that is challenging UCB39s claim US pharma group Argentum Pharmaceuticals said in a statement that it had been granted petition by..

France faults Bial and Biotrial over fatal drug trial

Tuesday, May 24, 2016

Portuguese drugmaker Bial and French laboratory Biotrial are at fault on several counts for a failed drug trial that left one person dead and five others hospitalized in January French Health Minister Marisol Touraine said on Monday All trials of the drug designed to treat mood and anxiety issues a..

Inquiry Points to Maker And Lab In Fatal French Drug Trial

Monday, May 23, 2016

An official investigation into a clinical drug trial that left one person dead and five others hospitalized in France in January pointed to both the laboratory and the maker for committing errors in the testing process two dailies said Biotrial the laboratory in charge of conducting the tests in a ..

Drug-Pricing Debate: Looking Past Big Pharma’s Nightmare Scenario

Monday, May 23, 2016

A comprehensive government crackdown on high drug prices isnt likely soon Still investors shouldnt let their guard down Biotech and pharmaceutical stocks have struggled since last summer when the controversy erupted into a big political issue Last weeks congressional hearing on the Obama administra..

Guangdong Zhongsheng Pharmaceutical amends private placement plan

Monday, May 23, 2016

Guangdong Zhongsheng Pharmaceutical Co Ltd Says the co revises private placement plan due to dividend payment Says the co adjusts issue price to no less than 1123 yuan per share from no less than 1136 yuan per share and adjusts issue amount to up to 89 million shares from up to 88 million shares ..

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