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Hospira wins French biosimilar drug tender at 45 pct discount
Saturday, July 04, 2015A major French hospital group has chosen a cheap copycat version of a topselling drug for treating its patients with rheumatoid arthritis and Crohns disease in a victory for a new type of medicine known as biosimilars In a document seen by Reuters t...
Pharma Major Lupin acquires Biocom in Russia
Friday, July 03, 2015Pharma Major Lupin Limited today announced the acquisition of equity stake in ZAO Biocom in Russia subject to certain closing conditions The acquisition marks Lupins foray into the Russian pharmaceutical market which recorded RUB billion in sales p...
Vertex Pharma's lung disorder therapy wins FDA nod
Friday, July 03, 2015Vertex Pharmaceuticals Incs unique combination therapy for a rare lung disorder was given the green light by US health regulators extending the companys reach to the most common form of genetic mutation responsible for cystic fibrosis Orkambi a comb...
Jilin Aodong Pharmaceutical plans Hong Kong unit
Friday, July 03, 2015Jilin Aodong Pharmaceutical Group Co Ltd Says plans to set up unit AoDong International Hong Kong Industrials co Ltd with registered capital at HK billion million reuterscom
Teva Pharmaceutical and Philips to jointly invest $26.5 million in Israeli medical device firms
Thursday, July 02, 2015Teva Pharmaceutical Industries and Philips are together investing up to million shekels million over eight years in medical device and health technology startups in Israel The joint venture called Sanara Ventures said on Wednesday it had already i...
Kiadis Pharma raises 32.7 mln euros in IPO
Thursday, July 02, 2015Kiadis Pharma BV Kiadis Pharma prices initial public offering on Euronext at euros per share raising million euros million Company will have a market capitalization of million euros upon listing Overallotment option to issue up to additional...
Novartis to test new pricing model with heart failure drug
Wednesday, July 01, 2015Novartis plans to test a novel pricing model with some customers when it launches its keenly awaited new heart failure drug Entresto the Swiss companys head of pharmaceuticals said on Tuesday Entresto also known as LCZ is the first new drug in decad...
Celgene partners with Juno Therapeutics on Cancer therapies announcing $1 billion investment
Wednesday, July 01, 2015Celgene Corp on Monday launched a year partnership with Juno Therapeutics announcing a billion investment aimed at bringing to market Juno technologies that harness the immune system to treat cancer and autoimmune diseases The biotech companies in...
Roche looks to expand with its multiple sclerosis drug meeting targets in final-stage clinical trials
Wednesday, July 01, 2015Finalstage trials show efficacy of ocrelizumab vs Rebif Roche plans to seek regulatory approval in Q Sales forecast to hit nearly mln by A drug being developed by Roche to treat multiple sclerosis MS met its main targets in two finalstage cl...
Drugmakers warn Greek of medicine supply shortages if Europe's lethargy continues
Wednesday, July 01, 2015Drugmakers said on Monday they would continue to ship medicines to Greece in coming weeks despite mounting unpaid bills but warned supplies could be in jeopardy if Europe did not take emergency action In the worstcase scenario of Grexit we believe t...
