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Pfizer cancer drug shows promise in combo with Merck's Keytruda
Thursday, May 19, 2016An experimental Pfizer drug that helps the immune system fight cancer showed early promise against a variety of cancers when used with Merck Cos immunotherapy Keytruda in a small clinical trial according to data released on Wednesday The first wave...
Dr Reddy's recalls 50,000 bottles of Ondansetron tablets in US
Thursday, May 19, 2016Drug firm Dr Reddys Laboratories is recalling over bottles of Ondansetron tablets made at the companys Bachupally plant in India on account of failed impurities degradation specifications Dr Reddys Laboratories Inc is voluntarily recalling bottles...
Superbug review urges Big Pharma to 'pay or play' on antibiotics
Thursday, May 19, 2016Drug companies should agree to pay or play in the urgent race to develop new antibiotics to tackle a global threat of antimicrobial resistance AMR according to a British governmentcommissioned review Led by former Goldman Sachs chief economist Jim O...
Moberg Pharma says wins patent approvals for MOB-015
Wednesday, May 18, 2016Moberg Pharma announces multiple patent approvals for MOB the Companys investigational topical treatment for onychomycosis nail fungus Patents have been granted and Notice of Allowances received in multiple territories worldwide Says patent portfol...
AstraZeneca's Lynparza fails in gastric cancer combination test
Wednesday, May 18, 2016AstraZenecas recently approved ovarian cancer drug Lynparza failed to increase overall survival significantly when given with chemotherapy to patients with gastric cancer in a latestage trial the drugmaker said on Wednesday The news is a setback for...
Novartis splits drugs business into two, pharma chief to leave
Wednesday, May 18, 2016Novartis is splitting its pharmaceuticals division into two business units one focused on cancer and the second on other drugs while switching out its current pharma head in the second highprofile management reshuffle this year David Epstein the Ame...
Valeant to increase hospital discounts for two heart drugs
Tuesday, May 17, 2016Valeant Pharmaceuticals International Inc said on Monday it would raise the discounts to hospitals on its heart drugs Nitropress and Isuprel to as much as percent off list prices after shareholder William Ackman pledged to revisit controversial pric...
Anacor shares soar 57% on $5.2B Pfizer acquisition
Tuesday, May 17, 2016Shares of Anacor Pharmaceuticals spiked more than percent Monday after it agreed to be bought by pharma giant Pfizer Pfizer is buying Anacor in a billion deal to add an eczema gel to its portfolio just a month after the US drug major scrapped plans...
McKesson and Walmart Announce Sourcing Agreement for Generic Pharmaceuticals
Tuesday, May 17, 2016McKesson Corporation and WalMart Stores Inc announced the signing of a sourcing agreement for generic pharmaceuticals and an expanded longterm distribution agreement The organizations will collaborate on sourcing generic pharmaceuticals for their res...
Roche moves court to block copies of cancer drug Avastin, A La Herceptin
Monday, May 16, 2016Swiss biotechnology giant Roche has sued the Drug Controller General of India in Delhi High Court along with Hyderabadbased Hetero Drugs over the process followed for approval of copies of complex biotech drugs or biosimilars of Avastin bevacizumab i...