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Chongqing Sanxia Paints sold shares of Beijing Beilu Pharma
Monday, May 25, 2015Says sold million shares of Beijing Beilu Pharma with capital gain of about million yuan million reuterscom
Wockhardt gets QIDP status for pneumonia drug from USFDA
Friday, May 22, 2015Drug firm Wockhardt today said a product from its new drug discovery programme which aims to treat pneumonia has received QIDP status from the US health regulator Qualified Infectious Disease Product QIDP status is given by the US Food and Drug Admi...
ArGEN-X pairs up with Leo Pharma in a $116M dermatology deal
Friday, May 22, 2015The antibody experts at arGENX have teamed up with dermatologyfocused biotech Leo Pharma on a treatment for inflammatory skin diseases inking a deal worth up to million Under the agreement arGENX will hand over a preclinical antibody in exchange fo...
Strides Arcolab to buy generic drugs business from Australia's Aspen Pharmacare
Friday, May 22, 2015Indian drugmaker Strides Arcolab Ltd said on Thursday it has agreed to buy a generic drugs business in Australia from South Africas Aspen Pharmacare Holdings Ltd for about A million million Strides said it will also buy some branded drugs as part o...
Novartis says lung disease drug studies show positive results
Thursday, May 21, 2015Novartis says it saw positive results from two Phase III clinical trial programs for QVA and NVA in patients with moderatetosevere chronic obstructive pulmonary disease COPD The Swiss drugmaker said data demonstrated QVA administered twicedaily impr...
Gilead patents on costly hepatitis C drug challenged in five countries
Thursday, May 21, 2015A US group is trying to block patents in five countries for Gilead Sciences Incs costly hepatitis C drug Sovaldi in a bid to give almost million afflicted people access to cheaper generic versions In Argentina Brazil China Russia and Ukraine challe...
Novo Nordisk, Baxter clash over hemophilia drug patent
Thursday, May 21, 2015Novo Nordisk on Wednesday rejected claims by Baxter International that its drug used substances developed by the US rival following the launch this week of a US investigation into possible patent infringement Baxter said in March Novo Nordisks newly...
Vaccine-maker Medicago invests $245-million for building production complex in Quebec
Wednesday, May 20, 2015Vaccinemaker Medicago says its building a million production complex in Quebec City where it already has its head office and laboratories The company says it has received financial support from all three levels of government including a million lo...
Achillion Pharmaceuticals partners with Johnson & Johnson to develop hepatitis C drugs
Wednesday, May 20, 2015Achillion Pharmaceuticals Inc said it will collaborate with Johnson Johnson to develop and market its hepatitis C drugs including an oral regimen that could work on all genotypes and shorten treatment time Achillion will be eligible for milestone p...
China's Livzon Pharma to form JV with US biotech firm Cynvenio in China
Wednesday, May 20, 2015Says signs agreement to invest million to subscribe to US firm Cynvenios series B preferred stock Says signs framework agreement with Cynvenio to firm a JV in China with registered capital million yuan million reuterscom