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Zealand Pharma and Beta Bionics to collaborate
Saturday, June 11, 2016Zealand Pharma and Beta Bionics to collaborate on development of firstinclass dualhormonal bionic pancreas system for treatment of people with type diabetes Financial guidance for remains unchanged Synergistic match of Beta Bionics dualhormonal a...
EU wants more transparency on AbbVie's Humira, world's top drug
Saturday, June 11, 2016Details of clinical trials involving AbbVies rheumatoid arthritis drug Humira the worlds topselling prescription medicine are still being withheld without justification according to the European Unions ombudsman Humira has been at the center of a pr...
U.S. panel backs approval for Merck infectious diarrhea drug
Friday, June 10, 2016Merck Cos experimental drug to treat the most common cause of hospitalassociated infectious diarrhea warrants approval an advisory panel to the US Food and Drug Administration said on Thursday The panel voted with one abstention that the drug bezl...
Colombia to set new price for Novartis cancer drug: minister
Friday, June 10, 2016Colombia will set a new price for the Novartis cancer drug imatinib in a bid to cut healthcare costs after price negotiations with the Swiss company broke down the health minister said on Thursday A socalled public interest declaration for imatinib...
Valeant pays $54 million to settle U.S. kickback, fraud claims
Friday, June 10, 2016Valeant Pharmaceuticals International Inc will pay million to settle civil charges that its Salix unit paid illegal kickbacks to induce doctors to prescribe seven of its products causing the submission of thousands of fraudulent reimbursement claims...
Merck to Acquire Biotech Company Afferent
Friday, June 10, 2016Merck Co has agreed to purchase biotechnology company Afferent Pharmaceuticals whose lead drug candidate is being evaluated as a treatment for refractory chronic cough and idiopathic pulmonary fibrosis with cough The deal will include an upfront pa...
Amgen says migraine prevention drug meets main goal of study
Thursday, June 09, 2016An experimental drug for prevention of chronic migraine headaches from Amgen Inc met the main goal of a midstage study by reducing the number of monthly attacks compared with a placebo the company said on Wednesday The biotech drug erenumab which is...
FDA panel backs approval of Pfizer's opioid painkiller
Thursday, June 09, 2016A US advisory panel on Wednesday recommended approval of Pfizer Incs longacting opioid painkiller Troxyca ER saying it dulls pain and its design could deter abuse by addicts in search of a quick high The panel however had reservations about the drug...
AstraZeneca sells rights to anaesthetics to South Africa's Aspen
Thursday, June 09, 2016AstraZeneca said on Thursday it had agreed to sell the commercialisation rights for its portfolio of anaesthetics outside the United States to South Africas Aspen Pharmacare for an initial payment of million The agreement covers seven established m...
Alkem's Taloja facility gets clean chit by UK health regulator
Wednesday, June 08, 2016Drug firm Alkem Laboratories on Tuesday said the UK health regulator has given a clean chit to its Taloja facility in Maharashtra after going through the corrective and preventive steps submitted by the company The company on Tuesday announced the c...