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Merck receives FDA Fast Track Designation for Evofosfamide
Wednesday, May 13, 2015Merck announced that the US Food and Drug Administration has granted Fast Track designation for the development of evofosfamide previously known as TH administered in combination with gemcitabine for the treatment of previously untreated patients wit...
SPARC to raise Rs 250 crore through rights issue
Wednesday, May 13, 2015Drug discovery firm Sun Pharma Advanced Research Company SPARC plans to raise up to Rs crore through a rights issue The Board of Directors of the Company at its meeting held on May authorised the further issuance of equity shares of Re each of t...
India's Zydus aims to develop drug for fatty liver disease
Wednesday, May 13, 2015Ahmedabadbased pharma major Zydus Cadila which is planning to develop a medicine for patients suffering from fatty liver disease is making a presentation on its novel drug Lipaglyn at the American Association of Clinical Endocrinologists AACE th Annu...
Japan-based Takeda readies strategic investment in Israel
Wednesday, May 13, 2015Japanbased Takeda Pharmaceuticals the largest pharmaceutical company in Asia is increasing efforts for strategic investments in Israel through Takeda Venture Investments TVI its Silicon Valleybased venture fund I think theres a unique set of conditi...
Baxter to buy Leukemia Treatment Oncaspar for $900 Million
Wednesday, May 13, 2015Baxter International Inc on Tuesday said it agreed to buy the Oncaspar leukemia treatment from Italys SigmaTau Finanziaria SpA for million in a move to capitalize on the fastgrowing oncology market The acquisition will be a key part of the oncology...
Endo International plc in $130M deal with South African pharmaceutical company, Aspen Holdings
Tuesday, May 12, 2015Endo International has acquired a group of branded and generic drugs from the subsidiary of a publicly traded South African pharmaceutical company Under the terms of the deal Endo will pay Aspen Holdings million for the portfolio of products some...
Cyclenium Pharma announces Drug Discovery Collaboration Agreement with Astellas Pharma
Tuesday, May 12, 2015Cyclenium Pharma Inc an emerging pharmaceutical company specializing in the discovery and development of novel drug candidates based on proprietary macrocyclic chemistry announced today the signing of a drug discovery collaboration agreement with Ast...
University of North Carolina partners with GSK to focus on HIV cure
Monday, May 11, 2015The University of North Carolina at Chapel Hill and GSK a global pharmaceutical and healthcare company announced Sunday the creation of the dedicated HIV Cure center and a jointly owned new company that will focus on discovering a cure for HIVAIDS Ca...
National Cancer Center of Japan and Takeda Partner to Discover Anti-Cancer Agents
Saturday, May 09, 2015The National Cancer Center and Takeda Pharmaceutical Company Limited announced that they have signed an agreement with the goal to discover and develop superior innovative anticancer agents originated in Japan and deliver them to cancer patients and...
MorphoSys acquires Peptide Therapeutic Company Lanthio Pharma
Friday, May 08, 2015MorphoSys AG announced that it has acquired all outstanding shares of the Dutch biopharmaceutical company Lanthio Pharma BV The transaction brings Lanthio Pharmas lead compound LP a novel lanthipeptide in development for diabetic nephropathy and fibr...
