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Chinese drugmaker Jiangsu Hansoh Pharma plans $1.5 bln HK IPO in 2016
Saturday, December 12, 2015Chinese pharmaceutical company Jiangsu Hansoh Pharmaceutical plans an initial public offering worth billion in Hong Kong in the first half of IFR reported on Friday citing people familiar with the plans The company had requested banks to pitch for...
Purdue Canada acquires Merck's ophthalmology portfolio
Friday, December 11, 2015Purdue Pharma announced Mundipharma Ophthalmology Products completed a multiregional agreement with Merck known as MSD outside the United States and Canada to acquire its ophthalmology portfolio for the treatment of increased ocular pressure caused b...
Alembic Pharma arm ties up with Novartis for drug development
Friday, December 11, 2015Alembic Pharmaceuticals group firm Rhizen Pharmaceuticals SA has entered into an exclusive worldwide license agreement with Novartis for the development and commercialisation of a lead compound that could be used in the treatment of human airway diso...
Raptor Pharmaceutical plans to advance development of brain disorder drug
Friday, December 11, 2015Raptor Pharmaceutical Corp said it plans to advance development of its brain disorder drug to a registration study despite it failing to show statistical significance in a trial The drug RP is being evaluated in patients with Huntingtons Disease a t...
AMRI and Multispan ink collaboration agreement
Friday, December 11, 2015Albany Molecular Research Inc announced that it has signed a collaboration agreement with biotechnology company Multispan Inc to comarket their G proteincoupled receptor GPCR drug discovery services to global pharmaceutical and biotechnology clients...
CoGyn Pharmaceuticals updates on reverse merger transaction
Thursday, December 10, 2015CoGyn Pharmaceuticals SA formerly SPAC I SA Said on Wednesday it completed another step of reverse merger transaction with USbased CoGyn Pharmaceuticals Inc Intends to acquire percent stake in CoGyn Pharmaceuticals Inc from investor As a result Co...
Sun Pharma inks pact to develop nervous system drugs
Thursday, December 10, 2015Sun Pharma has entered into an agreement with Israels Weizmann Institute of Science and Spains Health Research Institute of Santiago de Compostela to develop products for treating neurological diseases like brain stroke and glioblastoma a lethal brai...
Merck KGaA to invest extra 250 mln eur in pharma pipeline
Thursday, December 10, 2015Merck KGaA sees oneoff integration costs from sigmaaldrich of million eur over yrs Says expects cost savings of million eur from sigmaaldrich takeover Says plans to invest extra million eur in pharma pipeline
NeoBiocon partners Novartis to launch diabetes drugs in UAE
Thursday, December 10, 2015NeoBiocon a collaboration between Biocon Ltd and BR Shetty led UAEbased Neopharma has partnered with Novartis Middle East FZE to market diabetes drugs Jalra and JalraM in the UAE The partnership will help NeoBiocon expand its product offerings in th...
FDA approves Alexion drug for ultra-rare disease
Wednesday, December 09, 2015The US Food and Drug Administration on Tuesday approved Alexion Pharmaceutical Incs treatment for an ultrarare and potentially fatal genetic disorder Alexions enzymereplacement therapy Kanuma which received European approval in September was approve...