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Allergan said to be exploring split into two businesses
Saturday, July 25, 2015Allergan Plc is considering a breakup of the company into two businesses a person familiar with the matter told Reuters on Friday potentially adding the botoxmaker to a list of large drugmakers realigning themselves to focus on specific areas of thei...
India rejects Swiss drug maker Roche Patent claims on Valcyte again
Friday, July 24, 2015Indian authorities have for the second time rejected Swiss drug maker Roches patent claims on valganciclovir or Valcyte used to treat an eye infection affecting acquired immune deficiency syndrome AIDS patients The Indian Patent Office in a ruling o...
Ra Pharmaceuticals announces $58.5M Series B Financing
Friday, July 24, 2015Ra Pharmaceuticals today announced it has completed a million Series B financing coled by RA Capital Management Novo Ventures and Lightstone Ventures and joined by new investors Rock Springs Capital and Limulus Venture Partners All of the Companys e...
World's first malaria vaccine gets go-ahead from EU regulators
Friday, July 24, 2015The worlds first malaria vaccine got a green light on Friday from European drugs regulators who recommended it should be licensed for use in babies in Africa at risk of the mosquitoborne disease The shot called RTSS or Mosquirix and developed by Bri...
Perrigo to acquire Leading German Dietary Supplement Brand Yokebe
Thursday, July 23, 2015Perrigo Company plc today announced that it has entered into an agreement to acquire Naturwohl Pharma GmbH with its leading German dietary supplement brand Yokebe The brand is expected to generate approximately million in full year net sales Yokebe...
Roche readies new drugs in two-year window before copycats hit
Thursday, July 23, 2015Switzerlands Roche is lining up more new drugs to drive sales in a twoyear window before cheap copycats of its biotech medicines hit the market including a promising cancer immunotherapy it hopes to launch by late The strategy is working so far wit...
Lupin buys U.S. generics firm Gavis for $880 million
Thursday, July 23, 2015Lupin Ltd Indias fourthlargest drugmaker by sales said it had agreed to buy privatelyheld generics company Gavis for million to strengthen its presence in its largest market the United States The deal which is cashfree and debtfree widens the compa...
Novavax's Ebola vaccine shows promise in early-stage trial
Wednesday, July 22, 2015Novavax Inc said its experimental Ebola vaccine induced a substantial immune response to the deadly infection in an earlystage trial involving healthy adults The Ebola GP Vaccine was well tolerated and elicited very high Ebola antibody responses at...
India's Sun Pharma heads towards biggest ever fall on sales warning
Tuesday, July 21, 2015Indias Sun Pharmaceutical Industries shares slumped percent on Tuesday heading towards their biggest ever fall in a day after the drugmakers warning that sales would be flat at best due to costs related to remediation work at its plants Analysts e...
Erytech Pharma announces positive safety review for ERY-ASP
Tuesday, July 21, 2015Erytech Pharma SA announces positive safety review for ERYASP in its phase study in pancreatic cancer DSMB recommends continuation of enrollment in phase II pancreatic cancer study after safety review of first patients treated Says results of t...
