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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...
Sanofi Says U.S. FDA Accepts Diabetes Drug Application
Tuesday, February 23, 2016French drugmaker Sanofi said the US Food and Drug Administration FDA had accepted its application for the use of insulin and its lixisenatide drug in combination for the treatment of adults with Type diabetes Sanofi expects the FDA to make a decisi...
Unilife and Amgen Enter Strategic Collaboration for Injectable Drug Delivery Systems
Tuesday, February 23, 2016Unilife Corporation announced a strategic collaboration with Amgen AMGN a leading biotechnology company for injectable drug delivery systems The collaboration which includes licensing investment development and supply agreement components is centered...
China Suspends Ali Health-run Online Drug Monitoring Platform
Monday, February 22, 2016Chinas food and drugs regulatory body said it had suspended its electronic drug monitoring system a platform operated by Alibaba Health Information Technology Ltd while it drafts amendments to regulations monitoring pharmaceutical sales The China Foo...
Negotiations with Ethiopia, Gabon to Build 2 Pharmaceutical Factories Funded by Private Sector
Monday, February 22, 2016Egypts Minister of Health and Population Ahmed Emad Eddin will be meeting with the Ethiopian and Gabonese ministers of health scheduled Sunday during his time at Africa Forum to discuss the establishment of two pharmaceutical factories in both count...
Novartis Wins FDA Breakthrough Therapy for AML Treatment
Saturday, February 20, 2016Novartis received breakthrough therapy designation from the US Food and Drug Administration for an investigational treatment for newlydiagnosed FLTmutated acute myeloid leukemia the Swiss drugmaker said on Friday Patients who received PKC also calle...
Teva Makes Concessions in EU Review of Bid for Allergan Unit
Saturday, February 20, 2016Teva Pharmaceutical Industries Ltd made concessions to European Union regulators for its takeover of Allergan Plcs generics unit potentially averting a lengthy probe into the billion tieup The EU extended its deadline to rule on the deal until Marc...
Pharma Companies Increase Investments in Biotech Segment
Friday, February 19, 2016Some of Indias bigger pharmaceutical companies are ramping up investment to grow their biotechnology business Biocon has invested million in an insulin manufacturing unit in Malaysia Lupin and Wockhardt are increasing their investments to produce n...
Zafgen's Obesity Drug Succeeds in Mid-Stage Trial
Friday, February 19, 2016Drug developer Zafgen Inc said on Thursday that its drug to treat obesity in diabetic patients met the main goal of reducing body weight Patients given mg and mg doses of the drug beloranib experienced and percent reduction in body weight respec...
Alnylam's New Norton Plant Seen as Strengthening State's Pharma Hub
Friday, February 19, 2016A new manufacturing plant south of Boston for one of the states fastestgrowing drug companies represents a lot more than simply one companys expansion according to the head of the Massachusetts Life Sciences Center Its about moving beyond the states...