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Swedish pharma firm Camurus plans IPO at market cap up to 2.2 bln SEK
Friday, November 20, 2015Swedish pharma research company Camurus intends to float its shares on the Stockholm bourse giving it a market capitalisation of up to billion crowns million it said on Thursday The listing pencilled in for Dec adds to a planned bumper finish for...
Horizon Pharma withdraws offer for Depomed after court ruling
Friday, November 20, 2015Irelandbased Horizon Pharma Plc said it has withdrawn its offer to acquire Depomed Inc DEPOO following a court ruling that granted Depomeds motion for preliminary injunctive relief on Horizons alleged used of confidential information While we strong...
Cipla, Glenmark in race for hived-off Teva-Allergan generics in US
Thursday, November 19, 2015Indian drug makers such as Cipla and Glenmark are among some companies bidding for tens of products to be hived off in the US the worlds biggest pharma market as part of Tevas acquisition of Allergans generics business Last August Israelbased Teva...
FDA again rejects single-dose use of AMAG's Makena
Thursday, November 19, 2015AMAG Pharmaceuticals Inc said the US Food and Drug Administration rejected a single dose of its hormone injection used to reduce the risk of premature birth the agencys second rebuff in six months The companys shares fell percent to in afterhours...
Turing Pharmaceuticals CEO buys 1.2 mln KaloBios' shares
Thursday, November 19, 2015Drug developer KaloBios Pharmaceuticals Incs shares rose fivefold in extended trading after Turing Pharmaceuticals Incs Chief Executive Martin Shkreli bought million shares of KaloBios The shares were bought at prices ranging between cents and ea...
Global drug spending to hit $1.4 trillion in 2020
Wednesday, November 18, 2015Global spending on medicines will reach trillion in driven by increased healthcare access in emerging markets and highpriced new drugs for cancer and other diseases according to a forecast by IMS Health released on Wednesday That is up from about...
Novartis biosimilar takes aim at Amgen drug Neulasta
Wednesday, November 18, 2015The US Food and Drug Administration has accepted Novartis unit Sandozs submission for approval of a biosimilar version of USbased Amgens Neulasta drug that fights infections in cancer patients the Swiss group said on Wednesday It marks the companys...
Warburg Pincus to invest up to $300 million in Vertice Pharma
Wednesday, November 18, 2015Private equity firm Warburg Pincus LLC said on Tuesday it had agreed to invest up to million in Vertice Pharma a British pharmaceuticals company that will focus on buying drug makers and their products Vertice Pharma will be a partnership between W...
European biotech gets boost as Genmab market value hits $7 billion
Wednesday, November 18, 2015European biotechnology long a poor relation to the far bigger US industry got a lift on Tuesday with approval of a new blood cancer drug that promises to bring sustainable profits to the continents secondbiggest biotech firm Its been a long haul for...
Clovis shares dive as FDA asks for more data on lung cancer drug
Tuesday, November 17, 2015Clovis Oncology Incs shares plunged nearly percent on Monday after US heath regulators asked for more data on the companys lung cancer drug potentially delaying its approval and giving a head start to AstraZenecas rival treatment that was approved o...
