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Lupin seeks to invalidate patent on Bausch & Lomb eye drug
Thursday, July 21, 2016Indian generic drugmaker Lupin Ltd is asking a court to invalidate a patent on Bausch Lomb Incs antiinflammatory eye drug Prolensa as it seeks to make a generic version of the drug Lupins claim filed Monday in the US District Court for the District...
Roche core EPS ahead of market view on drug sales
Thursday, July 21, 2016Switzerlands Roche surpassed market expectations for core net income per share in the first six months of the year led by drugs such as new asthma treatment Xolair and established breast cancer medicine Herceptin Core earnings per share which are ad...
Galenica to buy Relypsa to strengthen its unit Vifor Pharma
Thursday, July 21, 2016Galenica will pay per share in cash or a total of approximately billion Galenica to acquire Relypsa to strengthen its business unit Vifor Pharma Vifor Pharma will gain a fullyintegrated commercial organisation in the US and significantly strengthe...
Johnson & Johnson Raises Guidance, Buoyed by Pharma Growth
Wednesday, July 20, 2016Johnson Johnson on Tuesday raised its guidance for the year again as the healthcare giant topped expectations in the latest quarter helped by growth in its pharmaceutical business The New Brunswick NJ company now expects earnings for the year of t...
Novartis warns 2016 profit may fall on higher heart drug spending
Wednesday, July 20, 2016Novartis warned on Tuesday its profit may decline this year as it ramps up marketing spending on new heart failure drug Entresto following a disappointing start for the medicine Combined with falling sales of leukemia treatment Gleevec core operatin...
FDA panel backs Valeant psoriasis drug with risk program
Wednesday, July 20, 2016Valeant Pharmaceuticals International Incs experimental drug to treat the skin disorder psoriasis should be approved as long as certain measures are put in place to mitigate the risk of suicide an advisory committee to the US Food and Drug Administra...
Celgene to collaborate with tiny Jounce on cancer immunotherapy
Wednesday, July 20, 2016Privately held Jounce Therapeutics Inc which is working on treatments designed to use a patients own immune systems to better attack cancer said on Tuesday it had entered into an collaboration and investment agreement with Celgene Corp worth more tha...
Ajanta Pharma launches acid reflux drug in US
Tuesday, July 19, 2016Ajanta Pharma has launched generic omeprazole and sodium bicarbonate capsules used in the treatment of acid reflux and ulcers in the US market after receiving final approval from the countrys health regulator The company has launched the product in...
China approves use of GSK vaccine Cervarix for cervical cancer
Tuesday, July 19, 2016Drugmaker GlaxoSmithKline Plc said on Monday the China Food and Drug Administration CFDA has approved its human papillomavirus HPV vaccine Cervarix for use in the country to help women fight cervical cancer GSKs China unit said in a statement Cervar...
AstraZeneca's lung cancer drug meets main goal in late-stage trial
Tuesday, July 19, 2016AstraZeneca Plc said its experimental lung cancer drug Tagrisso met its main goal in a latestage study The tablet which has won early approval from both US and European regulators is one of several cancer medicines AstraZeneca hopes will rebuild its...
