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Celgene acquires Quanticel Pharmaceuticals in a $485 million deal
Tuesday, April 28, 2015A few years after teaming up with Versant Ventures to get Stanford spinout Quanticel Pharmaceuticals off the ground Celgene CELG is buying the cancerfocused biotech for up to million Quanticel has a drugdiscovery engine that uses singlecell genomic...
Moberg Pharma acquires US OTC brand Balmex for $3.9 million
Tuesday, April 28, 2015Moberg Pharma AB has acquired Balmex a wellestablished OverTheCounter brand in the US from Chattem Inc the US Consumer Healthcare Division of Sanofi Net sales of the brand is trending on an annual rate exceeding million The purchase price is millio...
Antares terminates LEO Pharma marketing, gaining US rights to OTREXUP for Psoriasis
Tuesday, April 28, 2015Antares Pharma Inc NasdaqATRS today announced that it has regained US marketing rights to OTREXUP methotrexate injection for subcutaneous use for the psoriasis indication through the termination of an exclusive promotion and marketing agreement with...
OncoGenex terminates Teva collaboration regaining rights to Custirsen
Tuesday, April 28, 2015OncoGenex Pharmaceuticals Inc OGXI today announced that its wholly owned subsidiary OncoGenex Technologies Inc executed a termination agreement with Teva Pharmaceuticals Ltd TEVA under which OncoGenex will regain rights to custirsen an investigationa...
Swedish Orphan Biovitrum AB Said to be Open to Sale Amid Boom in Drug Deals
Monday, April 27, 2015Swedish Orphan Biovitrum AB the maker of treatments for rare diseases is open to a potential takeover after its stock reached an alltime high amid a boom in pharmaceutical deals people familiar with the matter said Swedish Orphan whose biggest share...
Australia Health Minister Sussan Ley confirms Pharmaceutical Benefits Scheme crackdown in May budget
Monday, April 27, 2015Health Minister Sussan Ley has confirmed the government will tackle perverse incentives in the health system by removing overthecounter medications such as Panadol aspirin and antacids from the Pharmaceutical Benefits Scheme in the May budget The...
Aerie Pharma's lead experimental eye drug fails late-stage study, shares crumple
Friday, April 24, 2015Aerie Pharmaceuticals Inc lost nearly threequarters of its value after the company said its lead experimental eye drug failed a latestage study The eye drop Rhopressa did not lower pressure inside the eye as much as timolol a commonly prescribed dru...
AstraZeneca to collaborate with Innate Pharma on commercialisation for IPH2201in immuno-oncology
Friday, April 24, 2015AstraZeneca to collaborate with Innate Pharma on commercialisation of IPHin immunooncology AstraZeneca and Innate Pharma announce codevelopment and commercialisation collaboration for IPH AstraZeneca and MedImmune have entered into a collaboration...
Drug companies seek to speed up enrollment in clinical trials with London-based start-up TrialReach
Friday, April 24, 2015Two years ago Pfizer Novartis and Eli Lilly set aside competition to form a consortium called Patients to Trials Goal To solve an issue that has bedeviled their industry and slowed drug developmentnamely how to enroll patients in clinical trials fast...
INC Research collaborates with DrugDev to create innovative, cloud-based solutions in global clinical trials
Friday, April 24, 2015INC Becomes First CRO Worldwide to Integrate With and Implement DrugDevs SiteCloud Platform the Same System Used by the Investigator Databank for management of Investigative Site Data and Performance Tracking INC Research Holdings Inc NasdaqINCR a...
