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Dr Reddy's buys 6 OTC brands from US-based Ducere Pharma
Thursday, May 26, 2016Drug major Dr Reddys Laboratories has forayed into branded consumer health products segment in the US market by acquiring six overthecounter OTC brands from Ducere Pharma for an undisclosed amount The brands acquired include Doans Bufferin Nupercain...
U.S. Panel backs approval of Sanofi combination diabetes drug
Thursday, May 26, 2016One day after recommending approval of a new diabetes drug made by Novo Nordisk AS a US advisory panel on Wednesday recommended approval of a similar product made by Sanofi SA The panel voted with one person not voting that the Food and Drug Admini...
Novartis willing to sell $14 billion Roche stake without demanding premium - CEO
Thursday, May 26, 2016Swiss drugmaker Novartis is ready to sell its near billion stake in rival Roche ROGS without demanding a premium Chief Executive Joe Jimenez said on Wednesday Novartis has been discussing options with banks for selling its Roche shares worth about...
GSK lung drug succeeds in big UK study, after earlier miss
Wednesday, May 25, 2016GlaxoSmithKlines new inhaled medicine Breo proved significantly better than standard care in a large British study that tested it in everyday use providing a fillip for the product after the failure of another big trial in GSK said on Tuesday the s...
FDA panel recommends approval of Novo Nordisk diabetes drug
Wednesday, May 25, 2016A US advisory panel on Tuesday recommended approval of a new diabetes drug made by Novo Nordisk AS that combines two of its existing treatments in a fixeddose combination designed to be both effective and convenient The panel voted that the Food an...
Biotest opens new plasma collection centre in Brookings, South Dakota, USA
Wednesday, May 25, 2016Biotest Pharmaceuticals Corporation Boca Raton USA BPC a subsidiary of Biotest AG Germany a leading manufacturer of plasma proteins and biological products is pleased to announce the addition of its newest plasma collection centre located at Brookin...
Sartorius to Expand Pharmaceutical Plant in Puerto Rico
Wednesday, May 25, 2016Puerto Ricos governor says pharmaceutical supplier Sartorius is investing million to expand its plant in the US territory and convert it to its main logistical hub for the Americas Gov Alejandro Garcia Padilla said Tuesday that the Germanybased com...
France faults Bial and Biotrial over fatal drug trial
Tuesday, May 24, 2016Portuguese drugmaker Bial and French laboratory Biotrial are at fault on several counts for a failed drug trial that left one person dead and five others hospitalized in January French Health Minister Marisol Touraine said on Monday All trials of th...
UCB faces U.S. patent challenge for epilepsy drug
Tuesday, May 24, 2016The US Patent and Trademark Office has begun a trial into whether Belgian pharmaceutical company UCBs patent for an epilepsy drug is valid said a generic drug company that is challenging UCBs claim US pharma group Argentum Pharmaceuticals said in a...
Arbor Pharmaceuticals to Acquire XenoPort
Tuesday, May 24, 2016Arbor Pharmaceuticals LLC and XenoPort Inc announced that they have signed a definitive agreement under which Arbor will acquire XenoPort for per share in cash or a total equity value of approximately million The purchase price per share represents...
