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AbbVie Buys Rights to Boehringer Psoriasis Drug for $595 mln
Tuesday, March 08, 2016US drugmaker AbbVie has acquired marketing rights to a promising experimental psoriasis treatment from Germanys Boehringer Ingelheim for an initial upfront payment of million The deal covers the compound BI which is being tested on humans in the th...
GSK asthma drug Nucala's long-term study supports safety profile
Monday, March 07, 2016GlaxoSmithKline Plc said on Saturday its asthma drug Nucala which is already approved in the United States and Europe showed a similar safety profile in a longterm study compared with previous studies GSK said Nucala which is administered once every...
Pharma crusader takes India's drug regulators to court
Monday, March 07, 2016One of Indias bestknown whistleblowers who exposed dangerous practices in the generic drug industry in is taking the countrys drugs regulators to court accusing them of failing to enforce rules on drug safety in the billion industry Three years ag...
Novo Nordisk says Victoza helps lower heart risks
Saturday, March 05, 2016Novo Nordisk said on Friday the results from a trial showed that its Victoza diabetes drug significantly reduced the risks of major adverse cardiovascular events People with type diabetes generally have a higher risk of experiencing major adverse c...
UCLA sells royalty rights connected with cancer drug to Royalty Pharma
Saturday, March 05, 2016UCLA and Royalty Pharma announced today that UCLA has sold its royalty interest connected with a leading prostate cancer medication Xtandi whose development was based on discoveries by campus researchers Royalty Pharma has acquired rights to a porti...
Generic drug ETF ailing despite political focus on high drug prices
Friday, March 04, 2016Calls in the US presidential campaign to cut pharmaceutical prices are not helping to revive a barely twomonthold exchangetraded fund that invests in shares of generic drugmakers In fact low prices that define generic drugs may be the ETFs biggest s...
South African state-owned drug firm seeks anti-retroviral supplies
Friday, March 04, 2016South Africa wants antiretroviral drug suppliers to allocate some of their products to a new stateowned pharmaceutical firm Ketlaphela a government official said on Friday part of plans to tackle the countrys AIDS problem South African health author...
Pricing pressures weigh on drug industry growth - Moody's
Thursday, March 03, 2016Moodys sees modest reduction in pharma earnings growth Outlook reduced to stable from positive EBITDA seen rising pctyear vs pct previously The pharmaceutical industry faces growing pressure on prices and is struggling to get some new product...
NY attorney general to investigate insurers over hepatitis C drugs
Thursday, March 03, 2016New York state Attorney General Eric Schneidermans office has asked health insurers for documentation on patients who have been denied coverage of drugs used to cure hepatitis C a person familiar with the matter told Reuters on Wednesday Schneiderm...
BCorp enters pharmaceutical JV with Australia’s CW Network
Thursday, March 03, 2016Berjaya Corp Bhd BCorp through its indirect subsidiary Morning Charm Sdn Bhd has entered into a joint venture JV to own and operate community pharmacy stores and distribute pharmaceutical and nonpharmaceutical products The diversified group told Bur...
