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Iran to triple pharmaceutical export in three years
Monday, January 25, 2016Iran is going to increase its pharmaceutical export by three times over the next three years said the director of the Food and Drug Administration Rasoul Dinarvand Currently less than million worth of pharmaceutical products is exported per annum w...
Torrent, Dr Reddy’s, Aurobindo, Cipla, Lupin in race to buy Sagent Pharmaceuticals
Monday, January 25, 2016At least five Indian drug companies Torrent Pharmaceuticals Dr Reddys Laboratories Aurobindo Pharma Cipla and Lupin are in initial discussions to bid for Sagent Pharmaceuticals a Nasdaqlisted specialty injectables maker sources familiar with the ta...
U.S. government suspends enrollment in Cigna Medicare Advantage, drug plans
Saturday, January 23, 2016The US government has suspended new enrollment in Cigna Corps Medicare Advantage health insurance and prescription drug plans saying Cigna had widespread and systemic failures that prevented patients from accessing medical services The government sai...
Shire completes acquisition of Dyax Corp
Saturday, January 23, 2016Shire plc announced that it has completed its acquisition of Dyax Corp in an allcash transaction valued at approximately billion comprised of in cash per Dyax share Dyax shareholders may receive additional value through a nontradable contingent val...
Catalent Pharma to open New Clinical Supply Facility in Japan
Friday, January 22, 2016Catalent Pharma Solutions the leading global provider of advanced delivery technologies and development solutions for drugs biologics consumer health products and global clinical supply services today announced that it is to introduce clinical supply...
Cipla gets CCI nod for investment by FIL Capital
Friday, January 22, 2016Drug major Cipla today said it has received approval from competition watchdog CCI over the proposed investment by Mauritiusbased FIL Capital Investments in its consumer healthcare business vertical The Competition Commission of India has granted ap...
J&J stops trials of drug similar to one linked to brain death in France
Friday, January 22, 2016Johnson Johnson has suspended international trials of a drug in the same class as an experimental drug made by Portuguese pharmaceutical company Bial whose tests in France left one person brain dead and five others hospitalized A spokesman for John...
India issues alert to deter use of Roche's Avastin drug for eyes
Friday, January 22, 2016Indias federal drugs controller issued an alert on Thursday asking states to ensure Swiss drugmaker Roches cancer treatment Avastin was not administered to treat eyes after its usage hampered vision in patients Despite being a cancer drug Avastin i...
Brazil's BR Pharma to raise fresh capital as BTG Pactual mulls exit
Thursday, January 21, 2016Brasil Pharma SA Brazils fourthlargest drugstore chain plans to raise a minimum million reais million from investors as controlling shareholder Grupo BTG Pactual SA considers exiting the company In a Wednesday securities filing the company known a...
54 Capital plans Ethiopian pharma aactory after investment
Thursday, January 21, 2016Capital a Londonbased privateequity company plans to build a new plant for Addis Pharmaceutical Factory within two years after investing million in its seventh deal in Ethiopia an executive said The asset manager will also quickly increase the num...
