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Actelion in talks with ZS Pharma amid surge in biotech deal-making
Friday, September 11, 2015Swiss drugmaker Actelion Ltd has initiated preliminary discussions with US biotech company ZS Pharma Inc marking the latest bout of dealmaking in a healthcare sector that has seen a wave of recent takeovers Actelion Europes biggest biotech company a...
India's Sun Pharma looking to divest Ireland plant
Thursday, September 10, 2015Sun Pharmaceutical Industries Ltd Indias largest drugmaker by sales said it is looking to divest a manufacturing plant in Ireland as it tries to control costs that have spiralled since it bought Ranbaxy Laboratories Ltd The worlds fifth largest gene...
Greece lifts ban on re-export of medicines imposed in July
Thursday, September 10, 2015Greece has lifted a ban on the reexport of medicines which had been imposed for certain drugs in July at the height of concerns about possible shortages that risked leading to a humanitarian crisis The National Medicines Agency said the temporary bl...
South African drug group Aspen aims to grow in U.S. market
Thursday, September 10, 2015South African drugmaker Aspen Pharmacare on Wednesday reported a slowdown in fullyear profit growth to percent as a result of currency volatility and said it aimed to expand its business in the United States Aspen supplies drugs to Europe Australia...
Horizon Pharma begins Hostile bid for Depomed after rebuffs
Wednesday, September 09, 2015Horizon Pharma Plc took its billion takeover offer directly to shareholders of Depomed Inc after the California drugmakers board spurned previous approaches Horizon began an offer under which Depomed holders can exchange each of their shares for o...
Purdue Pharma L.P. announces acquisition of TrkA Program from VM Pharma LLC
Wednesday, September 09, 2015Purdue Pharma LP announced today the acquisition from VM Pharma LLC of VMA a firstinclass allosteric selective tropomyosin receptor kinase A TrkA inhibitor as well as the backup compounds and associated intellectual property for the potential treatme...
GlaxoSmithKline Inhaler Trial Fails to Show Extension of Life
Wednesday, September 09, 2015A large clinical trial run by GlaxoSmithKline PLC has failed to show that the companys Breo Ellipta inhaler extends life in patients with chronic obstructive pulmonary disease dashing hopes of a sales boost for the product Glaxo had hoped that the s...
Starpharma signs drug delivery license with AstraZeneca
Tuesday, September 08, 2015Starpharma today announced the signing of a licensing agreement with global pharmaceutical company AstraZeneca The agreement enables the development and commercialisation by AstraZeneca of compounds directed at a defined family of targets using Star...
Newcastle-based Pharma company Shield Therapeutics set for £110m listing
Tuesday, September 08, 2015Newcastlebased pharmaceutical firm Shield Therapeutics plans to float on the London Stock Exchange next month in a listing expected to raise m Shield is the latest in a number of biotech companies that have listed in recent months taking advantage o...
Companies struggle to get new medicines adopted across Europe
Tuesday, September 08, 2015Pharmaceutical companies currently enjoying a bumper wave of new drug launches are struggling to get recently introduced products adopted in key European markets as governments bear down on costs While a number countries have pledged in recent years...
