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Kempharm's investigational drug receives "fast track" designation
Wednesday, May 11, 2016Kempharm receives fast track designation for KP an investigational prodrug of hydromorphone Plans to seek approval of KPer under section b of federal food drug and cosmetic act Anticipated new drug application NDA submission as early as
UK cost body finally approves limited use of GSK's lupus drug
Wednesday, May 11, 2016Britains healthcare cost watchdog has finally approved GlaxoSmithKlines lupus drug Benlysta for limited use after rejecting it since on the grounds that it failed to offer good value for money The National Institute for Health and Care Excellence N...
JIC enters into exclusive discussions with Oaktree to acquire SGD Pharma
Wednesday, May 11, 2016China Jianyin Investment Ltd a longterm investor enters into exclusive discussions with Oaktree to acquire SGD Pharma SGD Pharma a company owned by funds controlled by Oaktree is a global leading producer of primary glass packaging for the pharmaceut...
Allergan profit beats estimates, share buybacks planned
Wednesday, May 11, 2016Allergan Plc whose billion merger with Pfizer Inc PFEN collapsed last month reported a higherthanexpected quarterly profit and said it would buy back up to billion in company stock helping lift its shares percent The Dublin drugmaker on Tuesday s...
Pharma body says Brexit could leave UK patients facing drug delays
Tuesday, May 10, 2016Britains pharmaceuticals trade body has come out firmly against the country leaving the European Union warning on Monday that an exit could put British patients at the back of the line for new medicines Leaders of individual companies including Glax...
Roche commits to diabetes testing and sees 2017 return to growth
Tuesday, May 10, 2016Roche has no plans to sell its diabetes testing business despite a pummeling in the past three years from US price cuts and the Swiss drugmaker expects the unit to return to sales growth in Roland Diggelmann head of Roche diagnostics said the funda...
Medicines Co to sell cardiovascular drugs to Italy's Chiesi
Tuesday, May 10, 2016The Medicines Co said on Monday it has agreed to sell three of its cardiovascular drugs to Italys Chiesi Farmaceutici SpA for up to million as the US company looks to raise money for drug development Privately held Chiesi will acquire rights to Cle...
Zhejiang Jiuzhou Pharmaceutical Establishes New Unit
Monday, May 09, 2016Zhejiang Jiuzhou Pharmaceutical Co Ltd Says it establishes whollyowned unit in Zhejiang Province which will be engaged in the provision of drugs and medical apparatus and instruments Says the newlyformed company with a registered capital of mln yua...
Gates Foundation Backs Takeda Polio Vaccine with $38 Million Grant
Monday, May 09, 2016Japans Takeda Pharmaceuticals is to get million from the Bill Melinda Gates Foundation to develop a crucial lowcost polio vaccine for use in developing countries As part of a global plan to eradicate the crippling disease of which experts say the...
Teva Pharm Finalizing Asset Sales to Clear Allergan Deal
Saturday, May 07, 2016Teva Pharmaceutical Industries Ltd is finalizing as much as billion in asset sale agreements to win US antitrust clearance for its billion acquisition of Allergan Plcs generic drug portfolio according to a source familiar with the matter The dives...
