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Aurobindo Pharma gains on USFDA approval for generic osteoporosis drug
Monday, August 31, 2015Shares of Aurobindo Pharma gained per cent in trade on Monday after the company got US FDA nod for generic osteoporosis drug The stock hit days high of Rs on the BSE The pharmaceutical company said that it has received approval from the US FDA to...
Sun Pharma, Wockhardt Recall Drugs from US Market
Monday, August 31, 2015Sun Pharma and Wockhardt have separately initiated voluntary recall of a number of drugs from the US market due to different reasons Sun Pharma initiated voluntary recall of multiple lots of Bupropion Hydrochloride ExtendedArelease Tablets USP SR m...
Amgen wins federal approval for its biotech drug, Repatha to treat artery-clogging cholestrol
Friday, August 28, 2015Treatment belongs to new drug class aimed at patients seeking alternatives to statins The Food and Drug Administration approved Amgen Incs cholesterollowering drug on Thursday teeing up a rivalry with a similar treatment that was approved just weeks...
Alvogen to acquire Product Portfolio from Pfizer for the U.S. Market
Thursday, August 27, 2015Alvogen has entered into a definitive agreement with Pfizer Inc under which it will acquire a portfolio of four pharmaceutical products in the US Alvogen has developed a strong track record in the US market with over pipeline ANDAs of which have f...
Germany-based IDT Biologika acquires Autogenous Vaccine Manufacturer, Gallant Custom Laboratories
Thursday, August 27, 2015IDT Biologika announces today the acquisition of Gallant Custom Laboratories based in Ontario Canada The transaction is to close August Gallant Custom Laboratories is the only Canadian company authorized by the Canadian Food Inspection Agency CFIA...
Maryland-based Sucampo Pharma Makes $276 million Tender Offer for Japan's R-Tech Ueno
Thursday, August 27, 2015Sucampo Pharmaceuticals Inc agreed to acquire Japans RTech Ueno Ltd in a deal valued at about billion yen million buying a company controlled by Sucampos founders that manufactures all of its drugs Bethesda Marylandbased Sucampo agreed to purchase...
Kiadis Pharma H1 net loss widens to 9.6 mln euros
Wednesday, August 26, 2015Kiadis Pharma BV Reports H net loss of million euros million versus loss of million euros a year ago H operating loss is million euros versus loss of million euros a year ago Says cash at June was million euros versus million euros at end...
FTC recommends tighter controls for homeopathic drugs
Wednesday, August 26, 2015The Federal Trade Commission has recommended that the Food and Drug Administration consider regulating homeopathic medicines more like other drugs requiring scientific evidence for the claims on their labels The recommendation submitted Friday comes...
Shire to Attain Enhanced CINRYZE® Manufacturing Flexibility and Capacity
Wednesday, August 26, 2015Shire plc announced it has entered into an agreement with Sanquin Blood Supply the manufacturer of CINRYZE C esterase inhibitor human providing Shire access to its manufacturing technology and allowing Shire to source additional manufacturers to meet...
Hepalink USA Inc. to acquire Cytovance Biologics, Inc. for $205.7 mln
Tuesday, August 25, 2015Cytovance Biologics Inc announced that they have entered into a definitive agreement by which Hepalink USA Inc will acquire Cytovance Biologics Inc a leading biopharmaceutical contract development manufacturing company The addition of Cytovance Biol...
