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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...
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...
