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Biotech’s Resurgence May Cost Big Pharma

Friday, August 12, 2016

There are signs that a new wave of deals is brewing in the biotech sector That is juicing shares and pushing up valuations Some likely buyers are Amgen Gilead Sciences and Merck which are among the large drugmakers who have said this year that they...

Jacobs Awarded Contract for Novartis Biotechnology Center Expansion in France

Friday, August 12, 2016

Jacobs Engineering Group Inc JEC announced today it was awarded a contract to expand the Novartis Pharma SAS Biotechnology Center in Huningue France Under the terms of the agreement Jacobs is providing engineering procurement and construction manage...

AstraZeneca wins UK cost approval for longer use of heart drug

Friday, August 12, 2016

Long term use of AstraZenecas blood thinner Brilinta has been recommended as a costeffective option for treating patients after a heart attack Britains healthcare cost watchdog NICE said on Friday Ticagrelor mg sold in Britain as Brilique for just...

Alcami Announces New Highly Potent API Capabilities and Capacity in Germantown, WI

Friday, August 12, 2016

Alcami a leading provider of custom development and manufacturing services for the pharmaceutical and biotechnology industries today announces its plans to expand capabilities for development and manufacturing of Active Pharmaceutical Ingredients API...

Guilin Sanjin Pharmaceutical gets approval to start clinical trial for injection

Thursday, August 11, 2016

Guilin Sanjin Pharmaceutical Co Ltd Says it got approval from State Food and Drug Administration to start clinical trial for the injectionNo L Says the injection is for the treatment of colorectal cancer as well as head and neck cancer

AstraZeneca bets another $140 million on Moderna's 'messenger' drugs

Thursday, August 11, 2016

AstraZeneca has invested another million in Moderna Therapeutics the US biotech unicorn which already has a cash pile of around billion and is developing drugs based on a molecule known as messenger RNA The British drugmaker said on Wednesday that...

FDA Accepts Marathon Pharmaceuticals’ New Drug Applications for Deflazacort

Thursday, August 11, 2016

Marathon Pharmaceuticals LLC a biopharmaceutical company developing treatments for rare diseases today announced the New Drug Applications NDA for the investigational drug deflazacort have been accepted for filing and granted Priority Review by the U...

AstraZeneca drug selumetinib fails in lung cancer study

Wednesday, August 10, 2016

AstraZenecas cancer drug pipeline suffered a setback on Tuesday when the experimental drug selumetinib failed to meet its goal in a latestage trial for lung cancer Hopes for the medicine had already been reduced after it failed in another study for...

Mylan second-quarter profit edges higher; EPS forecast unchanged

Wednesday, August 10, 2016

Mylan NV on Tuesday reported slightly higher second quarter profit on increased demand for its generic medicines and specialty drugs such as the EpiPen injector for severe allergic reactions and expressed confidence in its longrange earnings forecast...

Jointown Pharmaceutical Group unit plans to set up JV

Wednesday, August 10, 2016

Jointown Pharmaceutical Group Co Ltd Says it wholly owned unit to invest million yuan to set up JV in Jiangsu with Jiangsu Yuyue Medical Equipment and Supply Co Ltd Says the JV will undertake wisdom logistics cooperation project with registered cap...