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Bristol-Myers signs deal with U.N. group for generic hepatitis C drug
Tuesday, November 24, 2015A United Nationsbacked organization working to cut the price of HIV drugs said it had signed a deal with BristolMyers Squibb Co to allow generic versions of the companys hepatitis C drug to be sold in low and middleincome countries The drug Daklinz...
Novartis' Cosentyx receives European nod to treat ankylosing spondylitis & psoriatic arthritis
Tuesday, November 24, 2015The European Commission EC has approved Novartis Cosentyx secukinumab for the treatment of people living with ankylosing spondylitis AS and psoriatic arthritis PsA For AS this is the first new treatment advance in years since the development of the...
AstraZeneca sells U.S. drug rights to Perrigo for $380 million
Tuesday, November 24, 2015AstraZeneca said on Monday it had finalised plans to divest its Crohns disease drug Entocort by selling US rights to the medicine to Perrigo PRGON for million The move is part of an externalization drive by the British drugmaker which is selling no...
Strides Shasun gets USFDA nod to market Dutasteride capsules
Monday, November 23, 2015Strides Shasun has received approval from the US health regulator to market Dutasteride capsules used in treating enlarged prostate gland in the American market The company has received approval from the US Food and Drug Administration USFDA to mark...
Aurobindo Pharma gains after receiving USFDA approval for Sildenafil Tablets
Monday, November 23, 2015Aurobindo Pharma rose to Rs at IST on BSE after the company said that it has received final approval from the United States Food and Drug Administration to manufacture and market Sildenafil Tablets mg The company made announcement on Saturday N...
Pfizer set to buy Allergan for more than $150 billion
Monday, November 23, 2015Pfizer Inc was due to secure formal board approval on Sunday for its acquisition of Botox maker Allergan Plc AGNN for more than billion creating the worlds biggest drug maker according to people familiar with the matter The deal the largest ever in...
Novartis gets FDA approval for skin cancer drug combination
Saturday, November 21, 2015Novartis AG said on Friday it received the US Food and Drug Administrations regular approval for a drug combination to treat an aggressive form of skin cancer The FDA approved Tafinlar and Mekinist for treatment of metastatic melanoma based on two y...
Sanofi, AstraZeneca swap compounds in new twist on open drug R&D
Saturday, November 21, 2015French drugmaker Sanofi and Britains AstraZeneca said on Friday they had agreed a direct exchange of chemical compounds from their respective libraries in a new twist on the drive to boost open innovation In a bid to increase the number of leads fo...
Slovenian drugs firm Krka predicts flat profits this year
Friday, November 20, 2015Slovenians generic drug producer Krka expects its net profit this year to be unchanged from the million euros it made in while sales are expected to be down by around percent the company said in a statement on Thursday It also predicted its net p...
Former Sanofi CEO Viehbacher to bankroll new drugs
Friday, November 20, 2015Chris Viehbacher ousted last year after six years as CEO of French drugmaker Sanofi is settling into a new job that involves picking promising experimental drugs before they have been tested in human trials Viehbacher pushed out amid declining sales...
