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Aurobindo Pharma gets USFDA nod for Flecainide Acetate tablets
Friday, July 10, 2015Aurobindo Pharma has received final approval from the US Food and Drug Administration to produce and sell Flecainide Acetate Tablets used for regulating heart rate in the American market Aurobindo Pharma is pleased to announce that the company has...
AstraZeneca divests gastrointestinal drug for $215 million
Thursday, July 09, 2015AstraZeneca struck a further externalization deal on Thursday to help fill its shortterm revenue gap by divesting its gastrointestinal drug Entocort for million The British drugmaker which has high hopes for its new drug pipeline but faces declinin...
Sanofi, Regeneron say Japan study shows Praluent drug lowers cholesterol
Thursday, July 09, 2015French drugmaker Sanofi and US partner Regeneron said the results of a latestage study of their Praluent injection in Japan showed the drug reduced bad cholesterol among patients by an average percent The trial involved Japanese patients who had o...
Biotech Clovis Oncology raising $275 million for new cancer drugs
Thursday, July 09, 2015Clovis Oncology is selling million in new stock to raise money for research and the possible commercialization of two cancer drugs as well as the possible acquisition of other promising medicines to develop The Boulderbased drug research companys l...
Ireland's Horizon Pharma goes hostile with $3 billion offer for Depomed
Wednesday, July 08, 2015Irelandbased Horizon Pharma Plc offered to buy Depomed Inc DEPOO in a billion deal taking its bid hostile after the smaller drugmaker refused to engage in talks Depomed shares touched a record high of but were still trading below Horizons offer pr...
Irish pharma group Nexvet signs R&D pet drug deal
Wednesday, July 08, 2015Nexvet Biopharma the listed Irish group developing cutting edge therapies for domestic pets has signed an RD deal with Japanese animal health group Zenoaq The companies are looking to capitalise on a growing market for therapies for companion animla...
Genmab seeks European approval for leukemia drug Arzerra
Wednesday, July 08, 2015Danish biotech Genmab submitted an application to the European Medicines Agency EMA for the use of ofatumumab branded as Arzerra as maintenance therapy for patients with relapsed chronic lymphocytic leukemia The application is based on interim resul...
Teva plans to raise Mylan bid by as much as $2 billion
Tuesday, July 07, 2015Teva Pharmaceutical Industries Ltd TEVATA is preparing to raise its bid for rival drugmaker Mylan NV MYLO by as much as billion to billion Bloomberg reported on Monday citing people familiar with the matter The improved proposal could be announced...
Innate Pharma Says Co-development Deal with AstraZeneca Gets HSR Clearance
Tuesday, July 07, 2015Innate Pharma SA a French biopharmaceutical company developing therapeutic antibodies for the treatment of cancer and inflammatory diseases announced Tuesday that the codevelopment and commercialization agreement with AstraZeneca AZN AZNL on Innate P...
Cardinal Health Completes Acquisition Of The Harvard Drug Group For $1.115 Billion
Tuesday, July 07, 2015Cardinal Health today announced the completion of the acquisition of The Harvard Drug Group THDG A distributor of generic pharmaceuticals overthecounter medications and related products to retail institutional and alternate care customers THDG was ow...
