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Mankind Pharma plans to open US plant, invest Rs. 300 cr
Thursday, January 21, 2016Mankind Pharma plans to invest around Rs crore to set up a manufacturing plant in New Jersey US as part of its strategy to become a leading player in the worlds largest drug market The investment in the US is being done with an eye to place the com...
Big Pharma pushes for New Antibiotic Funds to Fight Superbugs
Thursday, January 21, 2016Pharmaceutical giants including GlaxoSmithKline Plc and Merck Co are joining a large group of healthcare companies to accelerate the development of drugs and diagnostics for superbug infections trying to come up with a viable commercial model as an...
Biden pledges faster U.S. approval for cancer drug cocktails
Wednesday, January 20, 2016US Vice President Joe Biden said on Tuesday that the United States would speed up the approval of promising new drug combinations in his governments newly announced drive to cure cancer once and for all Biden who lost his yearold son Beau to brain c...
Two Indian states halt sales of Roche's Avastin drug
Wednesday, January 20, 2016Two Indian states have put sales of Swiss drugmaker Roches blockbuster drug Avastin on hold officials said on Tuesday after it hampered the vision of patients who used it for a condition it is not officially meant to treat Avastin is a cancer drug...
PsychoGenics expands its Drug Discovery Service Capabilities
Wednesday, January 20, 2016PsychoGenics Inc announced that it has acquired equipment and hired experienced scientists from Lundbeck Research USA and is now in a position to offer expanded services in the areas of bioanalysis in vivo microdialysis EEG and quantitative histology...
Cognition Life Science selects Smart Science Laboratories for Production
Tuesday, January 19, 2016Cognition Life Science Inc CLS announced today that it has selected Smart Science Laboratories Inc as an FDA GMP manufacturer for the production of its product for Sleep Disorders The formulation comes from the acquisition of intellectual property fr...
Pharma major Lupin targets $1 bn revenue from inorganic growth by FY18
Tuesday, January 19, 2016Looking to add billion in revenues from inorganic growth to reach its target turnover of billion by pharma giant Lupin which is currently worth billion says it is open to late stage speciality assets Lupins chief financial officer Ramesh Swamina...
Tanzania bans Lincoln Pharma's bacteria-fighting injection
Tuesday, January 19, 2016Drug firm Lincoln Pharmaceuticals today said its highest selling Chloramphenicol Sodium Succinate injection has been banned in Tanzania and the companys registration has also been cancelled there Chloramphenicol Sodium Succinate Injection is an anti...
Colorcon, Inc. acquires Paulaur Corporation’s Pharmaceutical Sugar Spheres Business
Tuesday, January 19, 2016Colorcon Inc announces the acquisition of the Pharmaceutical Sugar Spheres product line from Paulaur Corporation a manufacturer of specialty sugarbased ingredients located in Cranbury New Jersey The addition of the Paulaur products complements Color...
Samsung Bioepis' Enbrel drug copy gets EU approval
Monday, January 18, 2016Samsung Bioepis Co Ltd said on Sunday it had received European Commission approval for its copy of the blockbuster biotech arthritis drug Enbrel The drug known scientifically as etanercept will be sold in Europe by US biotechnology group Biogen and...