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Drug maker Novo Nordisk to build $78 million manufacturing plant in Iran
Wednesday, September 23, 2015Danish drug maker Novo Nordisk will invest million euros million to build a manufacturing plant in Iran joining a small group of European companies to announce concrete deals there since the Islamic Republic reached a nuclear deal in July Novo Nor...
Dublin-based Venn Life Sciences to acquire Kinesis Pharma for €6.5 million
Wednesday, September 23, 2015Dublinbased clinical research group Venn Life Sciences is to acquire Kinesis Pharma for a total consideration of up to million The company aims to raise million through a placing of shares to part fund the acquisition of Netherlandsbased Kinesis P...
U.S. drugmaker Turing Pharmaceuticals to roll back 5,000 percent price hike
Wednesday, September 23, 2015Turing Pharmaceuticals a small company that generated outrage over raising the cost of an old antiinfective drug by more than percent said on Tuesday it would roll back that increase to make sure it remains affordable Turing and its Chief Executive...
IDT Biologika launches U.S. Manufacturing Operations with opening of Rockville facility for vaccine development manufacturing
Wednesday, September 23, 2015IDT Biologika announced the dedication of its first US vaccine manufacturing facility in Rockville Maryland The stateoftheart facility provides the translational bridge between preclinical development and phase II clinical trials with endtoend capabi...
ANI Pharmaceuticals to acquire Two NDAs from Merck for $75 Million
Tuesday, September 22, 2015ANI Pharmaceuticals Inc announced that it has agreed to acquire the NDAs for purified corticotropin gel and corticotropin zinc hydroxide from Merck known as MSD outside of the United States and Canada for million in cash and a percentage of future n...
BioClinica acquires Synowledge
Tuesday, September 22, 2015BioClinica Inc a specialty clinical trials services and technology provider today announced that it has acquired Synowledge to expand its offering into the growing drug safety and regulatory business process outsourcing market Headquartered in Miami...
India’s Sun Pharma sells two of Ranbaxy’s CNS units to Strides Arcolab Ltd for $25 million
Monday, September 21, 2015Sun Pharmaceutical Industries Ltd Indias largest drug maker has entered into a definitive agreement with Strides Arcolab Ltd to sell the erstwhile Ranbaxys marketing divisions Solus and Solus Care operating in the central nervous system CNS segment i...
Merck antibody reduces risk of Clostridium difficile recurrence
Monday, September 21, 2015An experimental antibody developed by Merck Co Inc was shown in pivotal studies to reduce by about percentage points the risk that infection with Clostridium difficile bacterium which can cause a deadly diarrhea will recur In the United States C d...
Novartis says Swissmedic approves heart medicine Entresto
Friday, September 18, 2015Novartis AG says Swissmedic approves Novartis new heart failure medicine Entresto Decision by Swiss Health Authority follows US Food and Drug Administration FDA approval of Entresto in July Entresto is indicated in Switzerland to reduce the risk of...
Lilly diabetes drug slashes deaths in patients with heart risk
Friday, September 18, 2015Eli Lilly and Cos new Jardiance pill slashed deaths by percent in patients with type diabetes at risk of heart attack and stroke a finding that could make it a mainstay diabetes treatment and triple its use according to researchers and analysts Li...