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Pfizer and Western Oncolytics announce immuno-oncology research collaboration
Friday, July 29, 2016Pfizer and Western Oncolytics announce immunooncology research collaboration to investigate novel oncolytic virus technology Following completion of Phase I trials Pfizer has an exclusive option to acquire WO Under terms of agreement Pfizer and Wes...
U.S. and UK form global partnership to speed new antibiotics
Friday, July 29, 2016US and British health officials have created a new alliance with a budget of hundreds of millions of dollars to accelerate the development of new antibiotics and tackle the growing problem of drug resistance The new group known as CarbX short for Co...
Advent, CVC bid for inVentiv ahead of IPO
Thursday, July 28, 2016Buyout firms Advent International and CVC Capital Partners have made offers to acquire inVentiv Group Holdings a pharmaceutical research firm seeking to go public at a valuation of over billion including debt people familiar with the matter said Th...
Teva Wins U.S. Nod for Actavis After Divestiture of 79 Drugs
Thursday, July 28, 2016The US Federal Trade Commission approved Teva Pharmaceutical Industries Ltds billion purchase of Allergan Plcs generic drugmaking unit after the companies agreed to the biggest divestiture ever in a pharmaceutical merger to preserve competition The...
Merck & Co and AmoyDx collaborate to bring liquid biopsy RAS biomarker testing to China
Thursday, July 28, 2016Merck and AmoyDx collaborate to bring liquid biopsy RAS biomarker testing to China Merck and AmoyDx plan to implement ADXSuperARMS liquid biopsy RAS test in Chinese medical centers in Plan to expand into other markets such as Argentina India Mexico...
GSK chases next biotech asthma drug with $230 million J&J deal
Thursday, July 28, 2016GlaxoSmithKline has bought global rights to an experimental drug from Johnson Johnson for up to million pounds million raising its bet on a new generation of biotech medicines for severe asthma The British drugmaker recently launched Nucala its f...
Shanghai Pharmaceuticals Holding unit gets GMP certificate
Wednesday, July 27, 2016Shanghai Pharmaceuticals Holding Co Ltd Says its unit receives goods manufacture practice GMP certificate from Shanghai Food and Drug Administration Says certificate is issued to three drug production lines and the valid period is until
Recro Pharma's intravenous painkiller succeeds in trial, shares soar
Wednesday, July 27, 2016Recro Pharma Inc said an intravenous version of its lead painkiller was successful in the first of two pivotal latestage trials sending the companys shares surging percent in trading after the bell The drug Meloxicam was being evaluated to treat ac...
X-Chem and AbbVie Enter into Multi-Target Drug Discovery Partnership
Wednesday, July 27, 2016XChem Inc a privately held biotechnology company applying its cuttingedge lead discovery capabilities to the generation of novel small molecule therapeutics today announced a multitarget drug discovery agreement with AbbVie The collaboration is focus...
China's Fosun to buy KKR backed Gland Pharma for $1.4 billion
Wednesday, July 27, 2016In what would be the first instance of large FDI from China in Indian manufacturing Shanghai Fosun Pharmaceutical Group Co will sign a definitive agreement later on Wednesday to acquire a controlling stake in Hyderabadbased Gland Pharma in a billion...
