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Endo agrees to buy rival drug maker Par Pharmaceutical for $8 billion
Monday, May 18, 2015Endo International PLC has agreed to buy Par Pharmaceutical Holdings Inc from privateequity firm TPG for about billion in cash and stock a deal that will help boost its generics business Par which TPG took private in for about billion has a portf...
NantWorks to acquire Cynviloq for over $1.2 Bln
Saturday, May 16, 2015Oncology company Sorrento Therapeutics Inc SRNE Friday said NantPharma agreed to acquire the rights to Cynviloq through the acquisition of Igdrasol Inc a whollyowned subsidiary of Sorrento Igdrasol has been developing Cynviloq paclitaxel nanopartic...
British company Circassia to acquire Sweden's asthma-focused firms Aerocrine, Prosonix for $377 million
Friday, May 15, 2015Circassia Pharmaceuticals a British company developing allergy therapies said on Friday it had agreed to buy Swedens Aerocrine and privately held Prosonix two companies focused on asthma Circassia will pay about million pounds million for Aerocrin...
Boulder-based pharmaceutical company, Nivalis Therapeutics files for IPO
Friday, May 15, 2015Nivalis Therapeutics a Boulderbased pharmaceutical company on Wednesday filed its plans for an initial public offering to continue its cystic fibrosis research and treatment development Nivalis Therapeutics formerly known as N Pharmaceuticals said i...
FDA approves Strides Arcolab's HIV treatment drug, Lamivudine and Zidovudine for US market
Friday, May 15, 2015Bangalorebased Strides Arcolab today said US health regulator has approved its drug used for treating HIV infection in adult and children for sale in US market The company in a statement said it has received approval from the United States Food Dru...
Africa’s largest generic drug maker, Aspen in talks to acquire baby-food business
Friday, May 15, 2015Aspen Pharmacare Holdings Ltd Africas largest genericdrug maker is in talks to buy a babyfood business to add to the companys nutrition unit two years after it bought licenses to sell Nestle SAs infant formula Aspen is currently engaged in discussio...
Dr Reddy's partners with Spain's Ferrer Internacional SA to launch Somazina in India
Friday, May 15, 2015Hyderabadbased firm has partnered with Spains Ferrer Internacional SA to make Somazina available in India Dr Reddys Laboratories Ltd said in a statement Dr Reddys Laboratories today launched Somazina a drug used to treat patients who have suffered f...
Pharma Major Lupin acquires Brazilian drug firm Medquimica
Thursday, May 14, 2015Drug major Lupin announced acquisition of Brazils Medquimica Industria Farmaceutica SA marking its foray into the Latin American nation The company has acquired per cent equity stake in Medquimica Industria Farmaceutica subject to certain closing c...
Paragon BioTeck enters Promotional Agreement to Expand Availability of ilast® Portfolio of Products
Thursday, May 14, 2015Paragon BioTeck Inc a privatelyheld pharmaceutical and medical device company announced today that it has entered into a multiyear agreement with global healthcare supplier Perrigo Company plc to promote the ilast range of products for eyelid hygiene...
Perrigo to acquire Patheon’s Mexican Business for $34 Million
Wednesday, May 13, 2015Perrigo Co in the midst of a threeway takeover tussle said Tuesday that it has agreed to buy the Mexican operations of Patheon for million in cash Perrigo Chief Executive Joseph C Papa said the deal will give Perrigo manufacturing technology for so...