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Pfizer Seen Avoiding $35 Billion in Tax Via Allergan Merger
Friday, February 26, 2016Pfizer Inc will be able to permanently avoid paying billion in US taxes by merging with Allergan Plc according to a report released Thursday by a group that advocates for tax fairness though a tax and accounting consultant called the number a littl...
SK Group Ratchets Up Move for Pharmaceutical Biz
Friday, February 26, 2016SK Holdings Co the parent firm of South Koreas No conglomerate SK Group said Friday it has bought a drug firm to speed up its efforts to tap deeper into the pharmaceutical business and find new sources of profit At the same time SK Biotek plans to...
OSE Pharma and Effimune Announce Proposed Merger to Create Significant Immunotherapy Player
Thursday, February 25, 2016Orphan Synergy Europe Pharma Sa Merger will result in shareholders of OSE Pharma owning ca percent of capital of merged entity and shareholders of Effimune percent OSE pharma and Effimune announce proposed merger to create significant immunotherap...
AstraZeneca's $4 billion Acerta Deal Endorsed by Orphan Drug Status
Thursday, February 25, 2016AstraZenecas bold move to buy percent of privately held biotech firm Acerta Pharma for billion in December has been vindicated at least in part by the award of special orphan status to the key experimental drug involved The drugmaker said on Thurs...
Ithaca, N.Y. Mayor Proposes Supervised Drug Injection Facility
Wednesday, February 24, 2016The upstate New York city of Ithaca could be home to the first public facility in the United States that would allow heroin users to inject the drug under medical supervision if Mayor Svante Myrick gets his way The mayor a Democrat already faces a f...
U.S. and EU Regulators Urge Indian Drug Companies to Step Up Standards
Wednesday, February 24, 2016US and EU drug regulators called upon Indias pharmaceutical sector on Tuesday to step up efforts to improve manufacturing standards and ensure the reliability of data if it is to maintain its dominance in the generic drugs industry Indias billion p...
GlaxoSmithKline to Create 55 New Jobs at Expanded Irvine Plant
Wednesday, February 24, 2016Pharmaceutical giant GlaxoSmithKline GSK is to create new jobs expanding its North Lanarkshire penicillin production plant GSK said the million overall expansion of its Irvine plant will boost capacity by per cent Scottish Enterprise has pledged...
Gilead Introduces New Grants Programme to Support HIV Cure
Wednesday, February 24, 2016Gilead Sciences Inc a biopharmaceutical company announced it will be providing grants for up to three years to academic institutions nonprofit organisations and community groups engaged in HIV cure activities The unrestricted grants will be awarded t...
Shanghai Fosun Pharma Plans Medical Investment Management Firm with Partners
Tuesday, February 23, 2016Shanghai Fosun Pharmaceutical Group Co Ltd says plans to invest up to million yuan million to set up medical investment management firm with partners Source reuterscom
Valeant Says it Will Restate Earnings After Board Review
Tuesday, February 23, 2016Valeant Pharmaceuticals International Inc said it will restate some of its past earnings after a board committee reviewed the US drugmakers relationship with a mail order pharmacy The restatement deals with results from and according to a Valeant...
