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Pfizer blocks its drugs from use in lethal injections
Monday, May 16, 2016Pfizer Inc has taken steps to ensure that none of its products are used in lethal injections the largest US drugmaker said on Friday We are enforcing a distribution restriction for specific products that have been part of or considered by some state...
Shanghai Fosun says it has made a non-binding bid for India's Gland Pharma
Monday, May 16, 2016Shanghai Fosun Pharmaceutical Group Co Ltd said on Monday it has made a nonbinding proposal for KKRbacked Gland Pharma Ltd a move that would improve its drug manufacturing and research and development capacity Gland Pharma founders and KKR which joi...
Mylan Launches Generic Frova Tablets In U.S.
Friday, May 13, 2016Pharmaceutical company Mylan NV MYL said it launched Frovatriptan Succinate Tablets mg a generic version of Endos Frova Tablets in the US Mylan received final approval from the US Food and Drug Administration for its Abbreviated New Drug Applicatio...
Regeneron CEO says drug price critique by independent group unscientific
Friday, May 13, 2016Regeneron Pharmaceuticals Chief Executive Leonard Schleifer on Thursday took aim at an influential drug pricing watchdog saying a critique of the companys new cholesterol lowering therapy was nonscientific The Bostonbased Institute for Clinical and...
Dr Reddy's Sees More Challenges In Us Business
Friday, May 13, 2016Indias second largest drugmaker Dr Reddys Laboratories Ltd is bracing for another challenging year in its biggest market the United States where its business has been hurt by regulatory scrutiny and fewer new drug approvals The company is working on...
Stada First-Quarter Profit Beats on German Generic Boost
Friday, May 13, 2016German generic drugmaker Stada reported better than expected quarterly adjusted earnings as it eked an increase in revenues from the embattled market for bulk purchase agreements with German medical insurers The beat gives management firepower again...
Jubilant, Cyclopharm terminate pact for Technegas in US market
Thursday, May 12, 2016Jubilant Life Sciences today said its whollyowned subsidiary and Australiabased Cyclopharm have mutually called off their previously announced term sheet for exclusive commercial rights of Technegas in the US market Jubilant DraxImage Inc and Cyclop...
Ex-FDA head and Sanofi call for harmonized drug regulation
Thursday, May 12, 2016Drug regulation has failed to keep up with a globalized world and governments should harmonize oversight to improve patients access to new and innovative medicines That is the view of the former leader of the US Food and Drug Administration FDA the...
Baxter Emerges as Frontrunner to Buy KKR-backed Gland Pharma For $1.1-1.2 Billion
Thursday, May 12, 2016US pharma major Baxter has emerged as the frontrunner to buy Gland Pharma a KKR backed drug maker for over a billion dollars as global supply constraints have heightened strategic interests to acquire businesses that focus on injectables drugs that a...
Cigna Makes Deals With Amgen, Sanofi for Pricey Cholesterol Drugs
Thursday, May 12, 2016Cigna Corp signed deals that will pay the makers of two potent but pricey cholesterollowering treatments based on how well their customers respond to the medications the health insurer said on Wednesday The treatments Repatha from Amgen Inc and Pral...
