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ScinoPharm and CVie Therapeutics Limited to Jointly Develop New Heart Failure Drug
Friday, August 05, 2016ScinoPharm Taiwan Ltd and CVie Therapeutics Limited jointly announced the initiation of a discovery and development collaboration to identify the new generation compound to Istaroxime CVies acute heart failure treatment currently in late Phase IIb tr...
Hikma says generic drug unit to be hit by approval delays
Thursday, August 04, 2016Drugmaker Hikma Plc said fullyear core operating profit from its generics unit would be hurt by delayed approvals of new products and higherthanexpected costs The company said it expected core operating profit for the unit to be between million an...
Teva Announces Acquisition of Anda Inc.
Thursday, August 04, 2016Teva Pharmaceutical Industries Ltd announced that it has entered into a definitive agreement to purchase Allergans Anda Inc the th largest distributor of generic pharmaceuticals in the US for million Anda is a natural fit into our business in gener...
Mayne Pharma Closes $652 Million Acquisition Of Generic Drug Portfolio From Teva And Allergan
Thursday, August 04, 2016Mayne Pharma has completed its million transaction with Teva and Allergan taking ownership of approved and five filed generic pharmaceutical products This transaction is part of the largest generic pharmaceutical divestiture overseen by the Federal...
Avara Acquires Astellas U.S. Manufacturing Facility
Thursday, August 04, 2016Avara Pharmaceutical Services Inc announced that its subsidiary Avara Norman Pharmaceutical Services Inc Avara entered into an agreement under which Avara will acquire Astellass wholly owned manufacturing subsidiary Astellas Pharma Technologies APT I...
Novartis pill gets U.S. breakthrough designation in breast cancer
Wednesday, August 03, 2016Novartis AG breast cancer pill LEE has won breakthrough therapy designation from US regulators as a firstline treatment for a form of advanced breast cancer the Swiss drugmaker said on Wednesday The Food and Drug Administration granted the designati...
Pfizer in $486 million settlement of Celebrex, Bextra litigation
Wednesday, August 03, 2016Pfizer Inc on Tuesday said it has reached a million settlement of litigation accusing it of causing big losses for shareholders by concealing safety risks associated with its Celebrex and Bextra painrelieving drugs The accord is subject to negotiat...
Biogen Draws Takeover Interest From Rival Drugmakers
Wednesday, August 03, 2016Biotechnology giant Biogen Inc has drawn takeover interest from drug companies including Merck Co and Allergan PLC raising the possibility of another huge deal in the healthcare industry Merck and Allergan have each sounded out Biogen on the possib...
Teva Completes Acquisition of Actavis Generics
Wednesday, August 03, 2016Teva Pharmaceutical Industries Ltd and Allergan plc announced that Teva has completed its acquisition of Allergans generics business Actavis Generics This strategic acquisition brings together two leading generics businesses with complementary stren...
Advent Buys 50% Stake in Pharmaceutical Contractor InVentiv
Tuesday, August 02, 2016Advent International Corp will buy a percent stake in InVentiv Health Inc that will value the pharmaceutical services firm at billion making Advent a coowner of the business with Thomas H Lee Partners The two private equity firms said in a stateme...
