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Biota Pharmaceuticals Announces Sale of Antibiotic Assets to Spero Therapeutics
Friday, March 18, 2016Biota Pharmaceuticals Inc announced that it has completed the sale of assets related to its broad spectrum antibiotic program to a newly formed subsidiary of Spero Therapeutics LLC a Cambridgebased biopharmaceutical company founded to develop novel t...
Teva Pharm Sees Close of $40.5 Billion Allergan Generics Deal by June
Thursday, March 17, 2016Israelbased Teva Pharmaceutical Industries TEVATA said on Tuesday it now expects its billion acquisition of the generic drug activities of Allergan AGNN to be completed by June Teva TEVAN the worlds biggest generic drugmaker previously expected the...
Amgen Beats Sanofi, Regeneron at Cholesterol Drug Trial
Thursday, March 17, 2016A federal jury upheld the validity of two Amgen Inc patents related to the companys newlyapproved drug to reduce bad cholesterol in a defeat for Sanofi SA and Regeneron Pharmaceuticals Inc which make a rival drug In a joint statement on Wednesday Sa...
Vitae Pharma's Psoriasis Drug Succeeds in Mid-Stage Study
Thursday, March 17, 2016Drug developer Vitae Pharmaceuticals Inc said its experimental psoriasis drug significantly reduced the skin condition in patients from a midstage trial Patients taking a mg dose of the drug VTP showed a percent reduction while patients who took t...
Braeburn Pharmaceuticals Invests $19.9 Million to Establish Manufacturing-Research Center in Durham County, North Carolina
Thursday, March 17, 2016Braeburn Pharmaceuticals Inc will invest million to establish a manufacturing and research facility in Durham County North Carolina The company will create new jobs during the next five years We are excited to be building our stateof theart manufa...
Cipla Invests Additional $3 Million in US's Chase Pharmaceuticals
Wednesday, March 16, 2016Drug firm Cipla Ltd has made an additional investment of million in USbased Chase Pharmaceuticals engaged in developing novel approaches to improve treatments for Alzheimers disease The company in May had invested million to acquire per cent sta...
Medica Nord Acquires Natumin Pharma
Wednesday, March 16, 2016Medica Clinical Nord Holding AB Acquires Natumin Pharma AB Purchase price to be paid in Medica Nord shares Carries out directed share issue of million shares corresponding to about million Swedish crowns million at current share price Additiona...
Sanofi, DiCE Molecules Announce Drug Partnership
Wednesday, March 16, 2016French drugmaker Sanofi and privately held DiCE Molecules announced on Wednesday a fiveyear research partnership aimed at discovering potential smallmolecule drugs The deal includes up to drug targets with funding of over million the companies sai...
Drugmaker Vectura Group to Buy SkyePharma
Wednesday, March 16, 2016Drugmaker Vectura Group VECL said on Wednesday it would buy SkyePharma Plc SKYEL in an allstock deal that would give it SkyePharmas drug delivery platform Vectura which makes treatments for breathing problems is offering SkyePharma shareholders new...
Suven Life Gets Patent for Neuro-Degenerative Drug
Tuesday, March 15, 2016Suven Life Sciences has been granted a patent each by China Eurasia and Hong Kong for a drug used in the treatment of neurodegenerative diseases The company has been granted one product patent from China one product patent from Eurasia and one produ...
