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Jazz Pharmaceuticals Agrees to Buy Celator for About $1.5 Billion
Wednesday, June 01, 2016Jazz Pharmaceuticals PLC agreed to buy Celator Pharmaceuticals Inc in a roughly billion deal that represents a huge premium for a company with a promising leukemia drug but no revenue In confirming earlier news of the deal Jazz said it is paying a...
FDA asks Teva Pharmaceutical for further study on Huntington's drug
Wednesday, June 01, 2016Approval for Israelbased Teva Pharmaceutical Industries drug to treat the neurological disorder chorea has been held up by US regulators seeking further blood studies the company said on Tuesday Teva the worlds largest generic drugmaker said the req...
Roche to Invest $60M, Expand Plant in Puerto Rico
Wednesday, June 01, 2016Swiss drugmaker Roche is investing more than million to expand its pharmaceutical plant in Puerto Rico Gov Alejandro Garcia Padilla says the expansion will create jobs and allow Roche Operations LTD to produce glucose monitoring strips He made the...
Kaken Pharmaceutical signs agreement with Dong-A ST for Clenafin/Jublia in Korea
Tuesday, May 31, 2016Kaken Pharmaceutical Co Ltd Says Kaken Pharmaceutical and A Koreabased firm DongA ST Co Ltd concluded an exclusive distribution agreement for the topical formulation for Onychomycosis Clenafin Jublia in Korea Says according to the agreement Kaken...
Samsung Bioepis receives final European approval for its Remicade copy
Tuesday, May 31, 2016South Koreas Samsung Bioepis said on Monday its biosimilar of Johnson Johnsons JNJN blockbuster rheumatoid arthritis drug Remicade has received final approval from European regulators paving the way for its second product launch in Europe Samsung B...
Roche and Novartis face off in biosimilar drug battle
Tuesday, May 31, 2016Switzerlands biggest drugmakers are clashing over cheaper copies of pricey biotech drugs one reason why Novartis is considering selling its billion stake in crosstown rival Roche With a copycat of Roches blood cancer drug Rituxan pending European...
North China Pharmaceutical gets GMP certificate
Monday, May 30, 2016North China Pharmaceutical Co Ltd Says it receives goods manufacture practice GMP certificate from Hebei Food and Drug Administration Says certificate issued to companys amoxicillin tablets production line Source reuterscom
India's Sun Pharma Arms Get US Subpoena Over Drugs Pricing
Monday, May 30, 2016Sun Pharma Indias largest drug maker has received a grand jury subpoena from the antitrust division of the US Department of Justice seeking documents from the company and its affiliates relating to corporate and employee records generic products and...
Netherlands gives green light for growing human embryos
Saturday, May 28, 2016The Dutch government has announced it wants to allow growing human embryos under strict and limited conditions for scientific research thereby giving hope to parents struggling to conceive The Dutch health minister Edith Schippers said she wants to...
GSK gets EU approval for first gene therapy for children
Saturday, May 28, 2016The worlds first lifesaving gene therapy for children developed by GlaxoSmithKline and Italian scientists was approved for sale in Europe on Friday in a step forward for the pioneering technology to fix faulty genes Called Strimvelis it is designed...
