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Pfizer wins EU approval for $15 billion Hospira buy
Wednesday, August 05, 2015US drugmaker Pfizer gained European Union antitrust approval on Tuesday for its proposed billion acquisition of US rival Hospira HSPN after pledging to sell some drugs to allay competition concerns The approval is conditional on Pfizer divesting ce...
Shire buys U.S.-based Foresight Biotherapeutics Inc for $300 mln
Tuesday, August 04, 2015Pharmaceuticals company Shire Plc said it had bought New Yorkbased Foresight Biotherapeutics Inc for million gaining access to a latestage therapy being developed for the treatment of infectious conjunctivitis known as pink eye The deal gives Shire...
Ascendis Health to acquire 49 pct in Farmalider S.A
Tuesday, August 04, 2015Ascendis Health Ltd acquisition of initial pct of Farmalider SA a Spanish pharmaceutical group Acquisition provides Ascendis with an entry into attractive eur billion Spanish pharmaceutical market Initial acquisition effective date is October C...
AstraZeneca, Isis Pharmaceuticals announce strategic collaboration
Tuesday, August 04, 2015AstraZeneca and Isis Pharmaceuticals to discover and develop antisense drugs for cardiovascular metabolic and renal diseases AstraZeneca will pay an upfront fee of million to Isis Pharmaceuticals Isis Pharmaceuticals is also eligible to earn tiere...
Ipsen says its partner, Lexicon Pharmaceuticals, announces positive results from Telestar Phase 3 study
Monday, August 03, 2015Ipsens partner Lexicon Pharmaceuticals announces positive results from Telestar Phase study showing that telotristat etiprate is effective in the treatment of carcinoid syndrome caused by neuroendocrine tumors not ade Telotristat etiprate met prima...
GSK Pharma's Bengaluru facility to be operational by 2017
Monday, August 03, 2015GlaxoSmithKline Pharmaceuticals GSK India has said its greenfield manufacturing facility at Bengaluru having an installed capacity of over billion tablets and capsules per year will be operational by The company has decided to create a new greenfi...
Tigenix announces acquisition of Coretherapix
Friday, July 31, 2015Tigenix NV Expands pipeline and enters the cardiology field with clinicalstage company acquisition TiGenix acquires Coretherapix a cell therapy company with an ongoing Phase II clinical trial of allogeneic cardiac stem cells in acute myocardial infa...
Teva's MS drug Copaxone has strong second-quarter sales
Friday, July 31, 2015Teva Pharmaceutical Industries which this week revealed plans to buy Allergans AGNN generics drugs business in a billion deal said on Thursday sales of its branded multiple sclerosis drug Copaxone rose percent in the second quarter even though it f...
Depomed rejects Horizon Pharma's latest bid
Thursday, July 30, 2015Depomed Inc rejected Horizon Pharma Plcs latest unsolicited bid saying the offer is inadequate and undervalues the company Depomeds stock rose about percent to in aftermarket trading on Wednesday Horizon Pharmas shares fell percent to Last week...
British biopharma start-up Mereo kicks off with Novartis drugs
Thursday, July 30, 2015British investor Neil Woodford is backing a startup biopharmaceutical firm whose first venture will be to launch clinical trials of three drugs developed by Novartis Londonbased Mereo BioPharma Group set up in March aims to buy drugs discovered by b...
