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GW Pharma cannabis drug succeeds in epilepsy trial, shares leap

Tuesday, March 15, 2016

An experimental cannabisbased drug has successfully treated children with a rare form of severe epilepsy in a keenly anticipated clinical trial sending shares in its maker GW Pharmaceuticals percent higher on Monday The study of GWs Epidiolex in Dr...

Shanghai Fosun Pharma to buy stake in pharma firm

Tuesday, March 15, 2016

Shanghai Fosun Pharmaceutical Group Co Ltd Says plans to buy percent stake in pharma firm for million yuan million Source reuterscom

Inovio Pharmaceuticals Acquires Needle-Free Injection Technology to Advance Strategy for Next-Generation Vaccines

Tuesday, March 15, 2016

Inovio Pharmaceuticals Inc NASDAQINO announced today it has signed a definitive agreement to acquire all of Bioject Medical Technologies Incs assets including pioneering needlefree jet injection technology devices and intellectual property Inovio wil...

Pfizer, Abbott India Shares Fall as Regulator Bans Codeine Cough Syrups

Monday, March 14, 2016

Shares in the Indian units of USbased drugmakers Pfizer PFEN PFIZNS and Abbott Laboratories ABTN ABOTNS fell as much as percent on Monday after authorities imposed a ban on their codeinebased cough syrups saying they posed a health risk Pfizers Ind...

AstraZeneca Seeking to Link Executive Pay to $45 Billion Target

Monday, March 14, 2016

A board committee at AstraZeneca Plc is looking at ways to more clearly link executive compensation to a billion revenue target amid reports of investor concern over the pay package of Chief Executive Officer Pascal Soriot The remuneration committe...

ANI Pharmaceuticals Agrees to Acquire Inderal® LA Assets from Cranford Pharmaceuticals

Saturday, March 12, 2016

ANI Pharmaceuticals Inc today announced that it has agreed to acquire a portfolio of Inderal LA assets from Cranford Pharmaceuticals LLC The acquired portfolio will include the NDA and trademark for Inderal LA as well as finished goods inventory Cran...

South Africa's Adcock in talks to sell part of its India business to Oaknet Lifesciences

Friday, March 11, 2016

South Africas second largest drug maker Adcock Ingram is in advanced talks to sell part of its India business to Oaknet Lifesciences an entrepreneurial venture set up last year by RS Raghav a former Lupin executive USbased venture capital fund New E...

Sanofi Drug Beats AbbVie's Blockbuster Humira in Human Trial

Friday, March 11, 2016

Sanofi and Regeneron Pharmaceuticals Inc said an experimental rheumatoid arthritis therapy helped patients more than AbbVie Incs Humira in a latestage trial The treatment sarilumab improved signs and symptoms of rheumatoid arthritis more than Humira...

Hovione and Vertex Pharmaceuticals Partner in Continuous Manufacturing

Friday, March 11, 2016

Hovione today announced that it plans to host and operate a commercialscale continuous manufacturing facility as part of an agreement with Vertex Pharmaceuticals The stateoftheart facility will be installed in Hoviones New Jersey location and Hovione...

Belgian pharma executives may face trial over Mexican drug cartel trade

Thursday, March 10, 2016

Belgiums federal prosecutors are applying to have seven pharma executives put on trial on suspicion of supplying a key ingredient for making crystal meth to a Mexican drug cartel a spokesman said on Wednesday The case concerns several deliveries of...