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Cyclenium Pharma and Haplogen announce Drug Discovery Collaboration
Friday, May 08, 2015Cyclenium Pharma Inc an emerging pharmaceutical company specializing in the research and development of novel drug candidates based on its proprietary macrocyclic chemistry technology and Haplogen GmbH a biotechnology company developing antiinfective...
Biopharma company Kymab raises $50 million to fund antibody-generating technology
Thursday, May 07, 2015Biopharma company Kymab said it had raised million from two firms associated with veteran British investor Neil Woodford to support the privately held companys antibodygenerating technology Kymouse Woodford manages Woodford Patient Capital Trust Pl...
Gilead Sciences to buy EpiTherapeutics for $65 Million
Thursday, May 07, 2015Gilead Sciences Inc has agreed to buy privatelyheld EpiTherapeutics ApS for million giving the drug maker a foothold into the field of epigenetics Epigenetics is the study of how environmental influences alter whether particular genes are activated...
Miami-based OPKO Health, Inc acquires EirGen Pharma, Ireland
Wednesday, May 06, 2015Waterfordbased pharmaceutical company EirGen has been acquired by US drugs company Opko for million Founded by Tom Brennan and Patsy Carney years ago the company employs people and manufactures high potency drugs for cancer chemotherapy Opko whi...
EMA tightens rules on “revolving door” for committee members and experts
Wednesday, May 06, 2015Intention to take up job in pharma industry will trigger immediate halt of involvement in medicines evaluation The European Medicines Agency EMA has updated its rules on declarations of interests for scientific committee members and experts The upda...
U.S. Drugmaker Alexion Pharma to acquire Synageva BioPharma for $8.4 billion
Wednesday, May 06, 2015Drugmaker Alexion Pharmaceuticals Inc said it would buy Synageva BioPharma Corp for billion to gain access to its experimental earlystage treatment for a rare metabolic disease Alexions cashandstock offer values Synageva at per share representing...
U.K. regulators find issues with Indian-owned API distributor Relonchem
Wednesday, May 06, 2015UK regulators have revoked the license of an Indianowned API distributor after finding a host of problems at its operations in Cheshire But the Medicines and Healthcare Regulatory Agency MHRA says that Relonchem will be allowed to import some critica...
Gilead’s Gaffe Leads Drugmakers to Pledge More Openness on Price
Tuesday, May 05, 2015Drugmakers worried about a backlash over soaring drug prices are increasingly talking with insurers ahead of time about paying for new therapies that could cost six figures a year Companies such as Biogen Inc Amgen Inc and Sanofi are wary of the neg...
Global cancer drug spending hits $100 billion in 2014
Tuesday, May 05, 2015Worldwide spending on cancer medicines reached billion in an increase of percent from and up from billion five years earlier according to IMS Healths Global Oncology Trend Report released on Tuesday The billion which represents percent of all...
Oncobiologics, Inc. opens Manufacturing Center in Cranbury, New Jersey
Tuesday, May 05, 2015Oncobiologics Inc a biotherapeutics company focused on developing and commercializing monoclonal antibody biosimilars has completed the construction of its GMP commercial launch manufacturing facility at its headquarters in Cranbury New Jersey Accor...