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AmerisourceBergen invests $39.3 Million to establish Distribution Hub in Newburgh, New York
Wednesday, June 03, 2015AmerisourceBergen one of the largest pharmaceutical sourcing and distribution services companies will invest million to build a stateoftheart distribution center in Newburgh New York The company plans to create new jobs The Newburgh facility joins...
India's Lupin, Cipla bid for UCB's US generic drugs portfolio
Tuesday, June 02, 2015Indian generic drugmakers Lupin Ltd and Cipla Ltd are among the companies bidding for top Belgian drugmaker UCB SAs US generic drugs business Bloomberg reported on Monday citing unnamed people with knowledge of the matter Lupin and Cipla which rank...
Recipharm signs partnership agreement on pharmaceutical development with Follicum
Tuesday, June 02, 2015Recipharm signs partnership agreement on pharmaceutical development with Follicum Agreement concerns preparation for a clinical trial of drug candidate FOL Says product is expected to be ready at end of year in time for launch of clinical study Ha...
BioInvent International enters into third research collaboration with University of Southampton
Monday, June 01, 2015BioInvent International today announces a threeyear research collaboration with the University of Southampton UoS one of the worlds leading antibody research groups under the direction of Professor Mark Cragg BSc PhD Professor of Experimental Cancer...
Kangmei Pharmaceutical plans health database centre with Xinhua News
Monday, June 01, 2015Kangmei Pharmaceutical Co Ltd Says plans to invest million yuan million to set up health database centre with Xinhua News reuterscom
India's Sun Pharma misses profit estimates on Ranbaxy costs
Saturday, May 30, 2015Sun Pharmaceutical Industries Ltd Indias largest drugmaker by sales reported fourthquarter profit well below analysts expectations hit by costs related to integrating smaller rival Ranbaxy Laboratories Ltd Sun run by billionaire Dilip Shanghvi repor...
AstraZeneca and Lilly to test new cancer drug combination
Friday, May 29, 2015AstraZeneca and Eli Lilly are to combine two of their cancer drugs in a new clinical trial against solid tumors in the latest sign that such cocktails may be the way forward in fighting the disease AstraZenecas experimental antiPDL immunotherapy dru...
FDA approves Pfizer drug, Rapamune to treat very rare lung disease lymphangioleiomyomatosis
Friday, May 29, 2015The US Food and Drug Administration on Thursday approved the first drug to treat a rare progressive lung disease that mainly affects women of childbearing age The drug Rapamune known chemically as sirolimus is made by Pfizer Inc and is designed to t...
Heron's nausea drug meets goal in late-stage trial, shares soar
Friday, May 29, 2015Heron Therapeutics Inc said its experimental drug for treating chemotherapyinduced nausea and vomiting CINV met its main goal in a latestage trial The company whose shares were up percent in extended trading said it expects to resubmit a marketing...
U.S. anti-legalization group urges more access to marijuana research
Friday, May 29, 2015A group opposed to pot legalization is unveiling proposals on Thursday for the US government to ease restrictions on scientific research into marijuanas potential as medicine in a first step for an organization of its kind The plan from Smart Approa...