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Genmab shares rise on cancer drug's FDA licence application
Tuesday, June 09, 2015Shares in Genmab rose almost percent on Monday after partner Johnson and Johnsons announcement late on Friday that the companies have applied to US authorities for a licence to market their blood cancer drug daratumumab The multiple myeloma treatme...
Beijing Beilu Pharma plans $28.56 million investment in herbal medicine project
Tuesday, June 09, 2015Beijing Beilu Pharmaceutical Co Ltd Says plans to invest million yuan million in herbal medicine project reuterscom
Beijing Bohui's unit to acquire U.S. company Advion for $28 million
Monday, June 08, 2015Beijing Bohui Innovation Technology Co Ltd Says signs agreement for US unit to acquire US pharmaceutical and biotechnology company Advion Inc for million reuterscom
Drugs giant Shire keen on £12.4bn takeover of Swiss rival Actelion
Monday, June 08, 2015Swiss drug maker becomes target according to report The drugs giant Shire is considering a bn takeover of its Swiss rival Actelion according to a report The FTSE company made an informal approach to Actelion several weeks ago The Sunday Times said...
AR101, treatment from Aimmune Therapeutics for peanut allergy successfully desensitized patients in a midstage trial
Monday, June 08, 2015Aimmune Therapeutics Incs treatment for peanut allergy successfully desensitized patients in a midstage trial If eventually approved it would be the first oral drug for the condition The treatment known as AR would be used to protect people with pea...
Raleigh-based Dara BioSciences to merge with UK's Midatech Pharma
Saturday, June 06, 2015Raleighbased Dara BioSciences Inc which faced being delisted from Nasdaq reached a merger deal with Midatech Pharma based in Oxford United Kingdom Dara shareholders will receive one Midatech share for about every four Dara shares they hold as well a...
Cardinal to buy private generic drug distributor for $1.12 billion
Friday, June 05, 2015Cardinal Health Inc CAHN said it would buy privately held drug distributor Harvard Drug Group for billion Cardinal said it expects the deal to add more than cents per share to adjusted earnings from continuing operations in and cents per share i...
Amazon, Google race to get your DNA into the cloud
Friday, June 05, 2015Amazoncom is in a race against Google Inc to store data on human DNA seeking both bragging rights in helping scientists make new medical discoveries and market share in a business that may be worth billion a year by Academic institutions and healt...
PillPack raises $50 mln to take on US pharmacies like CVS, Rite-Aid, Walgreens
Thursday, June 04, 2015Medicationsbymail company PillPack said it had raised million in funding underscoring the continuing appeal of healthcare companies to venture capital backers PillPack is taking on established US pharmacies such as CVS RiteAid and Walgreens betting...
Shanxi C&Y Pharmaceutical gets regulatory approval for private placement
Thursday, June 04, 2015Shanxi CY Pharmaceutical Group Co Ltd Says gets securities regulators approval to issue shares in private placement reuterscom