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Shanghai Shyndec Pharmaceutical to acquire stakes, assets in 12 pharma firms
Thursday, March 10, 2016Shanghai Shyndec Pharmaceutical Co Ltd Says plans to acquire stakes and assets in pharma firms for a combined billion yuan via cash share issue Says share trade to remain suspended Source reuterscom
Gilead Tries to Block Merck’s Patent Claims on New Hepatitis C Drugs
Thursday, March 10, 2016A highstakes battle between two drug companies over the multibilliondollar sales of new hepatitis C treatments is kicking off in a California courtroom this week Gilead Sciences Inc hopes to convince a jury in federal court in San Jose that it shoul...
Teva Set to Win EU Okay for $40.5 Billion Allergan Deal
Thursday, March 10, 2016Teva Pharmaceutical Industries TEVATA is expected to win EU antitrust approval for its billion bid for Allergans AGNN generics unit after agreeing to sell off some of its products to appease regulators three people familiar with the matter said on W...
Amgen withdraws patent suit against Samsung Bioepis
Wednesday, March 09, 2016USbased pharmaceutical giant Amgen has withdrawn its patent infringement suit against biosimilar developer Samsung Bioepis in Canada clearing the way for the Korean drugmakers entry into the North American market Last month Amgen Canada withdrew its...
China's Drug-Price Cuts Are Hitting Big Pharma Where It Hurts
Wednesday, March 09, 2016The worlds largest pharmaceutical companies are facing a roadblock in China as a stateled campaign to slash drug prices has triggered a slowdown in sales growth One of the biggest problems Chinas governmentrun health insurance funds which are strugg...
Lupin Completes Acquisition of GAVIS Pharma
Wednesday, March 09, 2016Drug major LupinBSE today said it has completed the acquisition of privately held USbased GAVIS Pharmaceuticals LLC and Novel Laboratories GAVIS Lupin had announced the acquisition on July The acquisition enhances the companys scale in the US g...
U.S. health agency estimates 2015 prescription drug spend rose to $457 billion
Wednesday, March 09, 2016Spending on prescription drugs is projected to have risen to billion in and will likely continue to grow as a percentage of overall healthcare spending a US government health agency said on Tuesday The agency also proposed a test program that woul...
Gilead, Merck Spar Over Hepatitis C $1,000-Pill Royalties
Tuesday, March 08, 2016Gilead Sciences Inc which pioneered a cure for hepatitis C is trying to fend off a demand by Merck Co for more than billion in a patent dispute over the liver disease treatment A compound in Gileads blockbuster drugs Sovaldi and Harvoni was found...
Ajanta Pharma Receives US FDA Nod for Migraine Drug Almotriptan Malate
Tuesday, March 08, 2016Ajanta Pharma Ltd has received from the US Food and Drug Administrations FDA final approval for almotriptan malate tablets mg mg a generic version of Janssen Pharmaceuticals Axert for the treatment of acute migraine pain relief The company will be...
PCI Pharma Services Explores $1 billion Sale
Tuesday, March 08, 2016PCI Pharma Services a US provider of outsourced packaging and clinical trial supply services to the pharmaceutical industry is exploring a sale that could value it at around billion including debt according to people familiar with the matter PCIs p...
