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Pfizer Cuts Outlook, Ends Development of Cholesterol Drug
Wednesday, November 02, 2016Pfizer Inc ended its bid to return to the multibilliondollar cholesterol market that long fueled the company halting development of a oncepromising drug candidate amid safety concerns and mounting pricing pressures confronting the industry The New Y...
Medivir divests pharmaceutical company Biophausia to Karo Pharma
Wednesday, November 02, 2016Medivir divests its pharmaceutical company Biophausia Nordic Brands to Karo Pharma Medivir says purchase price will be million Swedish crowns million on a cash and debt free basis Medivir says based on purchase price of sek million transaction wi...
Strides Shasun gets FDA nod for drug to treat HIV-1
Tuesday, November 01, 2016Strides Shasun Ltd Says Strides Shasun receives usfda approval for abacavir tablets Says product will be manufactured at the companys USFDA approved facility at Bangalore and marketed by Strides in the US market Says product will be launched immedi...
Aralez Completes Acquisition Of Toprol-XL® And Its Authorized Generic From AstraZeneca
Tuesday, November 01, 2016Aralez Pharmaceuticals Inc a global specialty pharmaceutical company today announced that its subsidiary Aralez Pharmaceuticals Trading DAC Aralez Ireland has completed its acquisition of the US rights to ToprolXL metoprolol succinate and its Authori...
miRagen Therapeutics and Signal Genetics Sign Merger Agreement
Tuesday, November 01, 2016Signal Genetics Inc and Miragen Therapeutics Inc a privatelyheld biopharmaceutical company today announced that they have entered into a definitive merger agreement under which the stockholders of miRagen are currently estimated to become holders of...
TaiGen Biotechnology To Establish a New Company With HEC Pharmaceutical in China for Treatment of Chronic Hepatitis C
Monday, October 31, 2016TaiGen Biotechnology Co Ltd announced that its wholly owned subsidiary TaiGen Biopharmaceuticals Co Beijing Ltd has signed an agreement with YiChang HEC ChangJiang Pharmaceutical Co Ltd HEC to establish a new company Newco in mainland China for the j...
After India, European Union to probe Wanbury Pharma for illegal export
Monday, October 31, 2016Wanbury Pharma one of the largest exporters of diabetes drug metformin has come under the lens of the European Medicines Agency EMA after the Maharashtra Food and Drug Administration launched an investigation of illegal packaging of drugs The Mumbai...
Novogen Acquires Privately-held Neuro-oncology Company to Support Development of GDC-0084 in Glioblastoma
Monday, October 31, 2016Australian oncologyfocused biotechnology company Novogen Ltd announced that it has fullyacquired Glioblast Pty Ltd a privatelyheld neurooncologyfocused Australian biotechnology company The transaction includes an upfront payment of AU million compr...
Amyris Enters Collaboration with Top 10 Pharmaceutical Company for Biosynthetic Drug Discovery
Saturday, October 29, 2016Amyris Inc the industrial bioscience company is pleased to announce it has entered into a research agreement with a commercial license option with one of the top largest global pharmaceutical companies Under the terms of the agreement the collaborat...
FDA spurns Sanofi, Regeneron arthritis drug due to manufacturing lapses
Saturday, October 29, 2016Sanofi SA and Regeneron Pharmaceuticals Inc on Friday said US regulators had declined to approve their experimental treatment for rheumatoid arthritis because of manufacturing deficiencies The companies in a release said the US Food and Drug Adminis...