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Novartis Says Profit May Drop on Entresto Spending, Gleevec
Tuesday, July 19, 2016Novartis AG said profit may fall this year as the Swiss drugmaker increases spending on the heart medicine Entresto and faces declining sales of its bestselling cancer treatment Gleevec Core operating income will either be about the same as or decl...
Mylan to get EU green light for Swedish drugmaker deal
Monday, July 18, 2016US generic drugmaker Mylan is expected to win conditional EU antitrust approval for its planned takeover of Swedish rival Meda AB MEDAaST after agreeing to shed some assets two people familiar with the matter said on Friday Mylans cashandstock offer...
Torrent, Intas join fray for teva products in Europe
Monday, July 18, 2016Torrent Pharmaceuticals and Temasekbacked Intas are the latest to join the race to acquire a band of products in Europe put on the block by Teva the worlds largest generic drug maker The deal said to be valued up to billion has seen the Hyderabadba...
Samsung Bioepis seeks Europe approval for its Humira copy
Monday, July 18, 2016Biosimilars maker Samsung Bioepis part of South Koreas top familyrun conglomerate Samsung Group SAGRUL said on Monday it is seeking regulatory approval in Europe to sell its copy of AbbVie Incs rheumatoid arthritis drug Humira Samsung Bioepis said i...
Valeant psoriasis drug's suicide risk hard to assess: FDA Staff
Saturday, July 16, 2016Valeant Pharmaceuticals International Incs experimental drug to treat the skin disorder psoriasis carries a potential risk of suicide that is challenging to assess due to limited data according to a preliminary review by the US Food and Drug Administ...
Sartorius acquires U.S. start-up ViroCyt
Saturday, July 16, 2016Sartorius a leading international pharmaceutical and laboratory tools provider today announced the acquisition of ViroCyt Incorporated an innovator in the field of rapid virus quantification Based in Broomfield Colorado USA the startup is expected to...
Ex-drug executive Shkreli to face U.S. fraud trial in June 2017
Friday, July 15, 2016Martin Shkreli the former pharmaceutical executive who last year became a lightning rod for criticism of soaring prescription drug prices is now scheduled to go on trial in June in the US governments securities fraud case against him US District Ju...
Granules to acquire 12.5 per cent stake in USpharma
Friday, July 15, 2016Granules India Ltd today said its whollyowned subsidiary Granules Pharmaceuticals Inc will acquire a per cent stake in USbased USpharma for an undisclosed sum According to a statement by Granules the acquisition of the stake will enable it to parti...
Teva Pharma to raise $20 billion to $25 billion in bond sale next week
Friday, July 15, 2016Teva Pharmaceutical Industries will raise between billion and billion next week to finance its billion acquisition of Allergan Plcs AGNN generics business the Globes financial news website said on Thursday Israelbased Teva TEVAN said in a filing...
Recordati Acquires The Swiss Pharmaceutical Company Pro Farma
Friday, July 15, 2016Recordati announces the acquisition of of the share capital of Pro Farma AG a Swiss pharmaceutical company with headquarters in Zug The value of the transaction enterprise value is of CHF million and will be funded from existing liquidity The signi...
