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Boulder-based pharmaceutical company, Nivalis Therapeutics files for IPO
Friday, May 15, 2015Nivalis Therapeutics a Boulderbased pharmaceutical company on Wednesday filed its plans for an initial public offering to continue its cystic fibrosis research and treatment development Nivalis Therapeutics formerly known as N Pharmaceuticals said i...
FDA approves Strides Arcolab's HIV treatment drug, Lamivudine and Zidovudine for US market
Friday, May 15, 2015Bangalorebased Strides Arcolab today said US health regulator has approved its drug used for treating HIV infection in adult and children for sale in US market The company in a statement said it has received approval from the United States Food Dru...
Africa’s largest generic drug maker, Aspen in talks to acquire baby-food business
Friday, May 15, 2015Aspen Pharmacare Holdings Ltd Africas largest genericdrug maker is in talks to buy a babyfood business to add to the companys nutrition unit two years after it bought licenses to sell Nestle SAs infant formula Aspen is currently engaged in discussio...
Dr Reddy's partners with Spain's Ferrer Internacional SA to launch Somazina in India
Friday, May 15, 2015Hyderabadbased firm has partnered with Spains Ferrer Internacional SA to make Somazina available in India Dr Reddys Laboratories Ltd said in a statement Dr Reddys Laboratories today launched Somazina a drug used to treat patients who have suffered f...
Pharma Major Lupin acquires Brazilian drug firm Medquimica
Thursday, May 14, 2015Drug major Lupin announced acquisition of Brazils Medquimica Industria Farmaceutica SA marking its foray into the Latin American nation The company has acquired per cent equity stake in Medquimica Industria Farmaceutica subject to certain closing c...
Paragon BioTeck enters Promotional Agreement to Expand Availability of ilast® Portfolio of Products
Thursday, May 14, 2015Paragon BioTeck Inc a privatelyheld pharmaceutical and medical device company announced today that it has entered into a multiyear agreement with global healthcare supplier Perrigo Company plc to promote the ilast range of products for eyelid hygiene...
Perrigo to acquire Patheon’s Mexican Business for $34 Million
Wednesday, May 13, 2015Perrigo Co in the midst of a threeway takeover tussle said Tuesday that it has agreed to buy the Mexican operations of Patheon for million in cash Perrigo Chief Executive Joseph C Papa said the deal will give Perrigo manufacturing technology for so...
Merck receives FDA Fast Track Designation for Evofosfamide
Wednesday, May 13, 2015Merck announced that the US Food and Drug Administration has granted Fast Track designation for the development of evofosfamide previously known as TH administered in combination with gemcitabine for the treatment of previously untreated patients wit...
SPARC to raise Rs 250 crore through rights issue
Wednesday, May 13, 2015Drug discovery firm Sun Pharma Advanced Research Company SPARC plans to raise up to Rs crore through a rights issue The Board of Directors of the Company at its meeting held on May authorised the further issuance of equity shares of Re each of t...
India's Zydus aims to develop drug for fatty liver disease
Wednesday, May 13, 2015Ahmedabadbased pharma major Zydus Cadila which is planning to develop a medicine for patients suffering from fatty liver disease is making a presentation on its novel drug Lipaglyn at the American Association of Clinical Endocrinologists AACE th Annu...
