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Albany Molecular Research Inc (AMRI) acquires Spanish drug development group, Gadea Pharmaceutical for $174 million
Friday, July 17, 2015Albany Molecular Research Inc announced that it has acquired a private drug development company in Spain for million The Albany New York drug development company acquired Gadea Pharmaceutical Group which develops active pharmaceutical ingredients...
Canada-based Apotex Inc recalls about 92,000 bottles of hypertension drug in US
Friday, July 17, 2015Canada based drug firm Apotex Inc is recalling bottles of Losartan potassium tablets in the US that were made by the companys Indian arm Apotex Research Pvt Ltd As per information on the US Food and Drug Administration USFDA website Apotex Inc is r...
Malin announces $80 million investment in UK-based Immunocore
Thursday, July 16, 2015Malin Corporation plc an Irishbased global life sciences company today announces it has invested million in Immunocore Limited Immunocore a worldleading biotechnology company developing novel T cell receptor TCR based therapies with the potential to...
India expands medicine price control list to include 39 more drugs
Thursday, July 16, 2015India has extended price caps to an additional drugs ranging from commonly used diabetes treatments to antibiotics in the governments latest effort to improve the affordability of medicines Wideranging price cuts over the past year have hit several...
AMCo acquires Australian company Boucher and Muir
Wednesday, July 15, 2015The Britishbased international niche pharmaceutical business AMCo has acquired the Australian pharmaceutical company Boucher and Muir BNM BNM was set up in and has grown to become a highly successful company with sales in Australia New Zealand and...
U.S. FDA bans Emcure Pharma's India plant over manufacturing issues
Wednesday, July 15, 2015The US Food and Drug Administration has banned drug imports from an India manufacturing unit of Emcure Pharmaceuticals Ltd over violations of standard manufacturing practices the latest in a series of Indian firms to face such action In an import al...
Greece bans export of 25 drugs after pharmacists' supply warnings
Wednesday, July 15, 2015Greece has decided to ban the export of types of drugs the Health Ministry said on Tuesday following warnings of possible shortages that risked leading to a humanitarian crisis A ministry spokeswoman quoted the Greek drugs regulator as saying there...
Celgene to buy Receptos for $7.2 bln; gains promising drug
Wednesday, July 15, 2015Celgene Corp said on Tuesday it would buy Receptos Inc for billion in a move that will give the US biotechnology company a potential multibilliondollar drug in late stage development for inflammatory bowel disease and multiple sclerosis Celgene who...
GSK first drugmaker to tie up with new Crick institute
Tuesday, July 14, 2015GlaxoSmithKline said on Tuesday it had forged a collaboration with the Francis Crick Institute making it the first pharmaceutical company to link up with the new biomedical center based in London Named after the Nobel laureate who codiscovered the m...
AstraZeneca says U.S. FDA approves lung cancer drug
Tuesday, July 14, 2015Astrazeneca Plc Iressa approved by US FDA US food and drug administration has approved iressa gefitinib tablets mg once daily for firstline treatment of patients with metastatic nonsmall cell lung cancer Astrazeneca has partnered with qiagen to pro...
