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FDA approves Novartis biosimilar to Amgen's Enbrel

Wednesday, August 31, 2016

The US Food and Drug Administration on Tuesday approved Novartis AGs biosimilar version of Amgen Incs arthritis drug Enbrel The FDA approved the drug Erelzi known also as etanerceptszzs for multiple inflammatory conditions including rheumatoid arthr...

Fuan Pharmaceutical Group plans new unit in Chongqing

Tuesday, August 30, 2016

Fuan Pharmaceutical Group Co Ltd Says it plans to set up a wholly owned subsidiary in Chongqing with registered capital of million yuan and to transfer cos production related asset and debt to the new subsidiary Says the book value of transferred a...

Synlogic Proprietary Synthetic Biotic Receives FDA Orphan Drug Designation

Tuesday, August 30, 2016

Synlogic a privatelyheld biopharmaceutical company developing novel medicines based on its proprietary synthetic biology and microbiome platform today announced that the US Food and Drug Administration FDA has granted orphan drug designation to Synlo...

Ferring Pharmaceuticals Acquires Exclusive Licensing Rights to Condoliase from Seikagaku Corporation

Tuesday, August 30, 2016

Ferring Pharmaceuticals announced today that it has signed an agreement with Seikagaku Corporation granting Ferring the exclusive worldwide rights excluding Japan to SI condoliase a chemonucleolytic product in Phase III development for the treatment...

Elite Announces Development and License Agreement with SunGen Pharma LLC

Tuesday, August 30, 2016

Elite Pharmaceuticals Inc a specialty pharmaceutical company developing abusedeterrent opioids and niche generic products today announced it has entered into a Development and License Agreement Agreement with SunGen Pharma LLC SunGen to collaborate t...

Biotie Therapies: BTT1023 receives Orphan Drug Designation in US

Monday, August 29, 2016

FDA has granted Orphan Drug Designation for Bioties BTT drug candidate for treatment of primary sclerosing cholangitis PSC BTT is currently being studied for PSC in Phase a study BUTEO study Says twostage study design for BUTEO includes a preplanned...

Aurobindo, Intas in race for $1 billion buyout of Teva UK, submit binding offers

Monday, August 29, 2016

Home grown drug makers AurobindoBSE and Intas are among the final contenders for the UK and Irish portfolio of Israeli generics behemoth Teva put up for sale to comply with European antitrust regulations Both players have submitted binding offers...

Britain's FTSE edges lower as pharmaceuticals weigh again

Saturday, August 27, 2016

Britains top share index edged lower on Friday set to finish the week with falls as recent weakness in the pharmaceuticals continued with investors wary over political risk in the sector By GMT the FTSE was down points or percent at down perce...

FDA warns former Sun Pharma U.S. drug factory over quality concerns

Saturday, August 27, 2016

The US Food and Drug Administration has pulled up a former Sun Pharmaceutical drug factory for knowingly releasing lots of the hypertension drug clonidine last year despite proof that the raw materials used may have been contaminated This is one of...

Mylan offers discounts on EpiPen amid wave of criticism

Friday, August 26, 2016

Mylan NV said on Thursday it would reduce the outofpocket costs of its emergency EpiPen allergy injection for some patients amid a wave of criticism from lawmakers and the public over the products rapidly escalating price The list price of the drug...