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French pharmaceutical firm Servier plans to cut 610 jobs
Friday, November 27, 2015Privatelyowned French pharmaceutical company Servier said on Thursday it planned to cut jobs and would reorganise its sales network due to competitive pressures and a tougher regulatory environment The firm said it had been penalised by patent loss...
Merck KGaA said to weigh Allergy Therapy Unit sale to Trim Debt
Friday, November 27, 2015Merck KGaA is considering a sale of its allergy business as the German company seeks to reduce debt following the billion takeover of SigmaAldrich Corp according to people with knowledge of the matter The business known as Allergopharma may fetch a...
Allergan drops appeal of order blocking Alzheimer's drug switch
Thursday, November 26, 2015Allergan PLC said on Wednesday it will not appeal to the US Supreme Court a court ruling this year that blocked the company from discontinuing its topselling Alzheimers drug in favor of a pricier version Allergan will also pay in legal expenses und...
Amgen files for U.S. approval of biosimilar to Humira
Thursday, November 26, 2015Amgen Inc on Wednesday said it filed with US health regulators seeking approval to sell its first biosimilar drug which would be a less expensive alternative to AbbVies Humira the worlds topselling prescription medicine Amgen said its drug ABP has...
Denmark-Based Xellia Pharmaceuticals to open manufacturing center in Bedford, Ohio
Thursday, November 26, 2015Denmarkbased Xellia Pharmaceuticals a specialty pharmaceutical company focusing on providing important antiinfective treatments against serious and often lifethreatening infections has acquired manufacturing facilities in Bedford Ohio The facilities...
Alliance Pharma says buys Sinclair IS Pharma's dermatology unit for £132 million
Thursday, November 26, 2015Sinclair IS Pharma plc the international specialty pharma company today announces the strategic disposal of its nonaesthetics business to Alliance Pharma plc the Disposal for a total upfront cash consideration of m m consideration plus cm for estimat...
Taro Pharma drops plan to invest in Suzlon’s US power project
Wednesday, November 25, 2015Taro Pharmaceutical Industries a global subsidiary of Indias largest drug maker Sun Pharmaceutical has dropped its plan to invest in a wind power project in the United States just four days after announcing the million investment Taro which is liste...
Novartis heart failure medicine Entresto wins EU approval
Wednesday, November 25, 2015The European Commission has approved Novartis Entresto drug for the treatment of adult patients with symptomatic chronic heart failure with reduced ejection fraction the Swiss drugmaker said on Tuesday Entresto is the first new drug in decades for h...
WuXi PharmaTech announces shareholders' approval of Merger Agreement
Wednesday, November 25, 2015WuXi PharmaTech Inc a leading openaccess RD capability and technology platform company serving the pharmaceutical biotechnology and medical device industries with operations in China and the United States today announced that at an extraordinary gene...
CVS chooses Amgen's new cholesterol drug over competitor
Tuesday, November 24, 2015US drug benefit manager CVS Health said on Monday that it would add Amgen Incs Repatha cholesterol treatment to its list of covered drugs for private plans over a competing treatment from Sanofi SA and Regeneron Pharmaceuticals The two competing tre...
