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AbbVie announced $30 million expansion of plant in Puerto Rico
Thursday, March 19, 2015US biopharmaceutical company AbbVie is planning a million expansion at one of its three plants in Puerto Rico Government officials say in a statement issued Wednesday that the Chicagobased company will expand its facilities in the north coastal tow...
Concert Pharmaceuticals initiates phase 1 clinical study to evaluate Deuterated Ivacaftor for treating cystic fibrosis
Thursday, March 19, 2015Clinical stage Concert Pharmaceuticals Inc has initiated a phase clinical study to evaluate a deuteriummodified version of ivacaftor as a potential therapy for cystic fibrosis CF The company is planning on studying the drug that is commercialized un...
Kite Pharma acquires Netherlands-based biotechnology company, T-Cell Factory
Thursday, March 19, 2015Kite Pharma Inc KITE announced the acquisition of a privately held Netherlandsbased biotechnology company TCell Factory BV TCF TCF located in Amsterdam has been renamed as Kite Pharma EU and established as the companys European headquarters Terms of...
Valeant pharma acquires Salix for $11.1 billion
Thursday, March 19, 2015Valeant Pharmaceuticals beat out Endo International in a battle to take over Salix Pharmaceuticals Ltd NASDAQSLXP in a deal valued at billion Valeant had originally agreed to pay per share of Salix but increased the offer to per share Valeant offe...
Framingham start-up Berg uses Artificial Intelligence to find Cancer Drugs
Wednesday, March 18, 2015Its called BPM Its one of many cancer drugs being developed in Massachusetts but its different BPM may be the first drug candidate that did not come from a scientist running experiments based on a hypothesis Instead it came from artificial intelli...
Cloud Pharmaceuticals teams up with University of Florida to pursue 'in silico' approach in developing new cancer drugs
Wednesday, March 18, 2015Could be the beginnings of a win to the in silico approach to drug development Cloud Pharmaceuticals is working with University of Florida to develop new cancer drugs that are conceived on a computer The Research Triangle Parkbased startup will shar...
GSK, Pfizer, Lilly, Johnson & Johnson, Biogen group backs $100 mln UK-led Dementia Research fund
Wednesday, March 18, 2015A group of large drug companies has backed a new UKled venture capital fund dedicated to dementia research GlaxoSmithKline Pfizer Johnson Johnson Lilly and Biogen have all committed to invest in the fund alongside charity Alzheimers Research UK Th...
Daiichi Sankyo facilitates drug discovery project for 2015 through collaborative research
Wednesday, March 18, 2015Daiichi Sankyo Company Limited a global pharmaceutical company announced its TaNeDS Take a New challenge for Drug diScovery collaborative drug discovery project for The company will select research partners for the project from among researchers bas...
Valeant Pharmaceutical trumps Endo with $10.96 billion bid for Salix Pharma
Tuesday, March 17, 2015Valeant Pharmaceuticals International Inc increased its offer for Salix Pharmaceuticals Inc to billion in cash on Monday eclipsing Endo International Plc the only other bidder The maker of gastrointestinal drugs has agreed to Valeants new offer of...
TWi Pharmaceuticals announces the first shipment of its generic product in the U.S. market
Tuesday, March 17, 2015TWi Pharmaceuticals Inc announced today that its whollyowned subsidiary TWi Pharmaceuticals USA shipped the first generic product in its own label on March This makes TWi the first Taiwanese pharmaceutical company to directly sell generic pharmaceu...
