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Bayer to invest 4 billion euros in R&D this year
Thursday, June 18, 2015German drugs and chemicals group Bayer plans to invest billion euros billion in research and development this year its chief executive told Germanys Bild newspaper That is more than ever before The development of our new blood thinner Xarelto alon...
GSK invests $95 mln in effort to demystify cell 'operating system'
Wednesday, June 17, 2015British drugmaker GlaxoSmithKline is investing million to create a new US research institute led by a top genomics professor to investigate how a cells operating system works The move reflects a commitment to fundamental research by the British com...
West Pharmaceutical Services Celebrates Groundbreaking of Waterford, Ireland Manufacturing Facility
Wednesday, June 17, 2015West Pharmaceutical Services Inc a global leader in innovative packaging components and drug delivery systems hosted a groundbreaking ceremony in Waterford Ireland today to mark the start of construction for the companys new pharmaceutical component...
CVS Health to buy Target's pharmacy business for $1.9 billion
Tuesday, June 16, 2015Drugstore operator CVS Health Corp CVSN will buy Target Corps TGTN pharmacies and clinics in a billion deal that should help it bargain with drug makers for lower prices while freeing Target from a costly business where it struggled to make a profit...
GlaxoSmithKline and Avalon bankroll three more biotech start-ups
Tuesday, June 16, 2015GlaxoSmithKline has agreed with life sciences investment firm Avalon Ventures to bankroll three more new biotech firms bringing to six the number of startups formed since the partners announced a million alliance two years ago Adrenergics CadheRx T...
Serodus receives approval of clinical trial application for SER150 in diabetic nephropathy
Monday, June 15, 2015Serodus ASA Receives approval for a clinical trial application from the German Federal Institute for Drugs and Medical Devices BfArM to commence a phase IIa safety study with SER in patients diagnosed with diabetic nephropathy Says study will be r...
UCB finds positive results in late-stage study evaluating arthritis treatment
Monday, June 15, 2015Ucb Sa Positive results from phase study evaluating CimziaCertolizumab Pegol in DMARDnave rheumatoid arthritis patients Phase CEARLY study showed substantial benefits at weeks of adding Cimzia to optimized methotrexate treatment Submitted regula...
Medecins Sans Frontieres urges India not to "cave to pressure" on affordable drugs
Friday, June 12, 2015Charity Medecins Sans Frontieres appealed to India on Thursday not to give in to pressure from Europe the United States and Japan to make it easier for big firms to get patents in the country potentially blocking the production of cheap generics MSF...
Consumer watchdog Public Citizen accuses FDA of wrongly expanding Vanda sleep drug Hetlioz use
Friday, June 12, 2015US regulators have inappropriately expanded the approved use of Vanda Pharmaceuticals Incs sleep disorder drug Hetlioz beyond its original indication for use in blind people the consumer watchdog Public Citizen said on Thursday The US Food and Drug...
FDA panel backs approval of GSK asthma drug, mepolizumab in adults
Friday, June 12, 2015An advisory committee to the US Food and Drug Administration recommended approval on Thursday of GlaxoSmithKline Plcs drug mepolizumab for severe asthma in patients aged and older The panel voted to against approving it in children aged to The...
