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India's state-owned homeo pharmaceutical manufacturing unit to be expanded
Friday, February 13, 2015The Cabinet decision to sanction land to the Kerala State Homoeopathic Cooperative Pharmacy Ltd HOMCO has provided an impetus to the planned expansion of the governmentowned homeopathic medicine manufacturing company The Cabinet which met on Wednesd...
Texan hedge fund manager Kyle Bass' war against the US pharmaceutical industry
Friday, February 13, 2015Texan hedge fund manager Kyle Bass war against the US pharmaceutical industry has officially begun The founder of Hayman Capital has filed an inter partes review IPR petition with the US Patent and Trademark Office challenging Acorda Therapeutics pat...
Envision Pharmaceutical Services taken over by pharmacy retailer Rite Aid
Friday, February 13, 2015Envision Pharmaceutical Services founded and once based in El Dorado Hills has been sold to giant pharmacy retailer Rite Aid The company was first sold in July to global private investment firm TPG EnvisionRX still has about employees in El Dorado...
Ghana Pharmaceutical Manufacturers seek government to withdraw VAT
Friday, February 13, 2015The Pharmaceutical Manufacturers Association of Ghana PMAG is calling on government to speed up its move to remove the new Value Added Tax VAT rate of on pharmaceutical raw materials imported The tax was slapped on the sector last year But accordi...
Janssen and Riyadh Pharma sign partnership agreement
Thursday, February 12, 2015In culmination of the cooperation that followed signing of the memorandum of understanding MoU between Janssen and Riyadh Pharma the Belgian Janssen Company and the Medical and Cosmetic Products Company Riyadh Pharma have signed a partnership agreeme...
GlaxoSmithKline (GSK) strengthens early stage vaccine pipeline with acquisition of Switzerland-based GlycoVaxyn AG for $190 million
Thursday, February 12, 2015GSK today announced that it has acquired GlycoVaxyn AG a specialist vaccine biopharmaceutical company based in Switzerland Since forming a scientific collaboration in GSK has held a minority stake in GlycoVaxyn and has now acquired the remaining sha...
U.S. Anesthesia Partners signs partnership agreement with Greater Colorado Anesthesia
Wednesday, February 11, 2015US Anesthesia Partners USAP the nations largest anesthesiafocused singlespecialty physician services organization today announced its partnership with Greater Colorado Anesthesia Denverbased Greater Colorado Anesthesia GCA joins Greater Houston Anes...
Actavis to Divest Doryx® to Mayne Pharma for approximately $50 million
Tuesday, February 10, 2015Actavis plc announced that it has entered into an agreement with Mayne Pharma under which it will divest the US rights to the Doryx brand acne treatment and related assets to Mayne for approximately million The transaction is expected to close prior...
Moberg Pharma Extends Distribution Agreement with Menarini Group for Emtrix to Russia
Tuesday, February 10, 2015Moberg Pharma AB announced that BerlinChemie AG a member of the Menarini Group a top global pharmaceutical company has been granted the exclusive rights to market and sell Emtrix in Russia and Ukraine The extended distribution agreement builds on...
Mylan confirms First-to-File Patent Challenge Relating to NEXAVAR®
Tuesday, February 10, 2015Mylan Inc today confirmed that it and its subsidiary Mylan Pharmaceuticals have been sued by Bayer Healthcare LLC Bayer Healthcare Pharmaceuticals Inc and Onyx Pharmaceuticals Inc in connection with the filing of an Abbreviated New Drug Application A...
