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BioCryst Pharmaceuticals awarded $35m contract to develop Ebola treatment
Thursday, April 02, 2015BioCryst Pharmaceuticals has received a m contract to continue developing BCX a drug that has shown early signs of fighting the Ebola virus BCX is an RNA dependentRNA polymerase inhibitor that has showed broadspectrum activity in vitro against more...
India's Ranbaxy hits record high before amalgamation with Sun Pharma
Wednesday, April 01, 2015Ranbaxy Laboratories Ltd rises as much as pct to hit an alltime high Trading in Ranbaxy shares will be suspended from April due to amalgamation with Sun Pharma Industries NSE Sun Pharmaceutical gains pct Morgan Stanley says Sun Pharma is prepa...
Masters Pharmaceutical to build enormous HQ, move 225 jobs
Tuesday, March 31, 2015Masters Pharmaceutical revealed today it plans to move its corporate headquarters from Forest Park to Mason where the fastgrowing firm intends to build a squarefoot office warehouse and distribution center on acres Total investment would approach...
High takeovers compared with negligible new projects in Indian pharma make centre review FDI policy
Monday, March 30, 2015Unabated takeovers of Indian drug companies and negligible investments in greenfield or new projects have prompted the Centre to relook the foreign direct investment FDI policy in the pharmaceutical sector It is examining if there is a need for impos...
Montreal-based Pharmacy Wholesale Services to construct $12-million pharmaceutical manufacturing plant in Sydney
Monday, March 30, 2015A Cape Breton businessman is looking to negotiate a sales contract with the province in exchange for the construction of a nearly million pharmaceutical plant in Sydney Parker Rudderham said his Montrealbased Pharmacy Wholesale Services Inc has purc...
Horizon Pharma to buy Hyperion Therapeutics for $955.7 million in cash
Monday, March 30, 2015Horizon Pharma PLC has agreed to purchase Hyperion Therapeutics for million in cash in a move to expand its drug portfolio by adding two treatments for a rare metabolic condition The offer of a share is a premium over Hyperions closing price of...
IPO-bound Aduro snags Big Pharma cancer immunotherapy deal
Monday, March 30, 2015Tiny Aduro Biotech Inc hopes to put the STING on cancer with a potential million deal between the Berkeley company and drug giant Novartis AG The deal centers on experimental synthetic small molecules developed by Aduro that could be the latest wea...
Ohr Pharma's eye drug fails mid-stage study, shares plunge
Saturday, March 28, 2015Ohr Pharmaceutical Inc said its experimental eye drug failed the main goal in a midstage study as a combination therapy wiping out twothirds of the companys market value on Friday The study tested the eyedrop solution OHR in combination with Roche H...
Biotech giant Genentech plans to invest $125 million to expand Hillsboro production facility
Friday, March 27, 2015Biotech giant Genentech plans to invest more than million to expand its fillfinish production facility in Hillsboro resulting in up to new skilled manufacturing jobs the company announced The investment in sterile production operations will bring...
Valneva's EB66-based prototype influenza vaccine apporved in Japan
Friday, March 27, 2015Valneva announces approval of an EBbased prototype influenza vaccine in Japan Vaccine was developed by ChemoSero Therapeutic Research Institute Kaketsuken in collaboration with GlaxoSmithKline using Valnevas EB cell line Says this represents a pote...
