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Kitov Pharma's arthritis drug meets main goal in late-stage study
Wednesday, December 16, 2015Kitov Pharmaceuticals Holdings Ltd said on Tuesday its lead drug met the main goal of a latestage study reducing pain without increasing the risk of heart diseases in patients with a type of arthritis The companys USlisted shares were up percent at...
Sanofi plans to reshape via $20 billion asset swap with Boehringer
Wednesday, December 16, 2015Sanofi and Boehringer Ingelheim are in exclusive talks over a billion swap of the French pharmaceuticals companys animal health business for the familyowned German groups consumer health operation The deal would consist of an exchange of Sanofis Me...
Atara Biotherapeutics stops development of kidney drug
Tuesday, December 15, 2015Atara Biotherapeutics Inc said it would stop developing its kidney drug after the treatment failed to meet the main goal of a midstage study The drug developer said on Monday that the drug PINTA did not improve physical function levels of inflammat...
Midatech Pharma signs supply agreement with Turkey's Centurion Pharma
Tuesday, December 15, 2015Midatech Pharma the specialty pharmaceutical company focused on the development and commercialisation of multiple therapeutic products today announces that the Company has entered into a supply agreement for QOctreotide with Centurion Pharma Centurio...
Amgen reacquires rights to three drugs from Glaxo in 48 countries
Tuesday, December 15, 2015Amgen Inc on Monday said it had reached a deal with British drugmaker GlaxoSmithKline to reacquire the sales rights to three of its products in countries including Australia as well as markets in Asia South America and Europe The three Amgen drugs...
Sun Pharma sells Bryan (Ohio) manufacturing unit to Nostrum Laboratories
Tuesday, December 15, 2015Sun Pharmaceutical Industries Ltd announced that as a part of its manufacturing consolidation in the US one of its wholly owned subsidiaries has entered into an agreement with Nostrum Laboratories Inc Nostrum for the divestment of the Bryan Ohio unit...
AstraZeneca in talks to buy Cancer Drug Developer Acerta Pharma
Monday, December 14, 2015AstraZeneca PLC is in advanced talks to pay more than billion for littleknown biotech company Acerta Pharma BV and its promising cancer compound according to people familiar with the matter in the UK drugmakers latest effort to rebuild its pipeline...
Valeant hires attorney, crisis management firm as U.S. scrutiny mounts
Monday, December 14, 2015US pharmaceuticals firm Valeant under mounting pressure from Congress and prosecutors over its drug pricing has hired an attorney in Washington DC and crisis public relations experts with political connections according to sources familiar with the m...
Tianshan Wool Tex to acquire Jialin Pharma for 8.4 bln yuan
Monday, December 14, 2015Xinjiang Tianshan Wool Tex Stock Co Ltd says to acquire Beijing Jialin Pharmaceutical Co Ltd for billion yuan billion via assets swap share issue Says to raise up to billion yuan in private placement of shares to fund acquisition projects
Horizon Pharma acquires Crealta Holdings for $510 million
Saturday, December 12, 2015Specialty drug maker Horizon Pharma HZNPO said on Friday it has agreed to buy Crealta Holdings for million in cash adding the only USapproved treatment for a type of arthritis to its portfolio Crealtas flagship drug Krystexxa is the only treatment...
