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US states propose laws to force pharma companies reveal drug development cost
Thursday, April 30, 2015Just like the Supreme Court of India demanded that Bayer submit an account of its costs in developing the anticancer drug sorafenib more and more states in the US are proposing legislations that could force pharmaceutical companies to reveal the deve...
FDA panel supports approving Amgen's virus-based Melanoma drug, T-VEC
Thursday, April 30, 2015Two days after the US Food Drug Administration signaled it might quash Amgen AMGN Incs attempt to usher in a whole new class of virusbased cancer drugs an advisory panel for the agency voted yes on the question of whether the companys experimental...
Guangxi Liuzhou Pharma plans to raise 1.65 bln yuan in private placement
Thursday, April 30, 2015Guangxi Liuzhou Pharmaceutical Co Ltd Says plans to raise up to billion yuan million in private placement of shares Says shares have resumed trading on April reuterscom
Takeda Pharmaceutical to Pay up to $2.4 Billion to Settle U.S. Lawsuits
Wednesday, April 29, 2015Takeda Pharmaceutical Co said Wednesday that it agreed to pay up to billion to settle US suits charging that the drug maker hid the cancer risk of its Actos diabetes drug Japans biggest drug maker by revenue said the move is expected to resolve the...
Norwich Pharmaceuticals breaks ground on $26 Million project at Chenango County, NewYork
Wednesday, April 29, 2015Norwich Pharmaceuticals a provider of contract manufacturing and clinical research services for the pharmaceutical industry broke ground Tuesday on a million expansion that will add square feet to its massive facility off of Route in Chenango Coun...
S Korean biopharma company Green Cross to build Cell Therapy manufacturing facility in China
Wednesday, April 29, 2015Pharmaceutical company Green Cross said Wednesday it will build a cell therapy manufacturing facility in the Guian New Area in Chinas Guizhou Province The firm said the new manufacturing site will address the cellular therapeutic industrys demand fo...
GlaxoSmithKline close to seek European approval for gene therapy drug to fight ADA-SCID
Tuesday, April 28, 2015GlaxoSmithKline is close to seeking European approval for a gene therapy drug to fight adenosine deaminase severe combined immune deficiency ADASCID in the latest sign of a renaissance in the technology to fix faulty genes A recent spate of deals ha...
Celgene acquires Quanticel Pharmaceuticals in a $485 million deal
Tuesday, April 28, 2015A few years after teaming up with Versant Ventures to get Stanford spinout Quanticel Pharmaceuticals off the ground Celgene CELG is buying the cancerfocused biotech for up to million Quanticel has a drugdiscovery engine that uses singlecell genomic...
Moberg Pharma acquires US OTC brand Balmex for $3.9 million
Tuesday, April 28, 2015Moberg Pharma AB has acquired Balmex a wellestablished OverTheCounter brand in the US from Chattem Inc the US Consumer Healthcare Division of Sanofi Net sales of the brand is trending on an annual rate exceeding million The purchase price is millio...
Antares terminates LEO Pharma marketing, gaining US rights to OTREXUP for Psoriasis
Tuesday, April 28, 2015Antares Pharma Inc NasdaqATRS today announced that it has regained US marketing rights to OTREXUP methotrexate injection for subcutaneous use for the psoriasis indication through the termination of an exclusive promotion and marketing agreement with...
