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Sun Pharmaceutical wins U.S. approval to buy Ranbaxy
Saturday, January 31, 2015Indias Sun Pharmaceutical Industries Ltd has won US approval to buy Ranbaxy Laboratories Ltd on condition that it sell its interest in a generic antibacterial medicine the US Federal Trade Commission said on Friday Sun Pharmaceutical said in April t...
Sanofi to set up insulin facility in Telangana, India
Friday, January 30, 2015French vaccine manufacturer Sanofi though its Indian entity Shantha Biotechnics will set up an insulin production facility in Telangana involving an investment of Rs crore Sanofi proposes to manufacture Insuman one of its leading human insulin prod...
Venaxis receives FDA “Not Substantially Equivalent” Response on APPY1 510(k) Submission
Friday, January 30, 2015Venaxis Inc an in vitro diagnostic company focused on advancing commercialization of its CE Marked APPY Test a rapid blood test for aiding in identifying children adolescent and young adult patients in the emergency room who are at low risk for appen...
Amerita, a Subsidiary of PharMerica, Accelerates Growth with the Acquisition of InfusionRx
Thursday, January 29, 2015Amerita Inc a wholly owned subsidiary of PharMerica Corporation NYSEPMC today announced that it has completed the acquisition of Coastal Pharmaceutical Services Corporation dba InfusionRx InfusionRx Financial terms of the transaction were not disclos...
Adamis Pharmaceuticals receives Notice of Allowance for US and Japanese Patents for its Dry Powder Inhaler
Thursday, January 29, 2015Adamis Pharmaceuticals Corporation recently received a notice of allowance that one of its patent applications for its proprietary dry powder inhaler Taper DPI will issue in the United States US Patent Application No and in Japan Japanese Patent App...
Ranbaxy forfeits 180 days exclusivity for generic Nexium
Wednesday, January 28, 2015Ranbaxy Laboratories has lost the opportunity to exclusively market in the United States for six months the first generic version of Anglo Swedish drug innovator Astra Zenecas heartburn drug Nexium the Delhibased company said in a filing to the stock...
IntelliCell BioSciences Licenses Indication for Diabetes to Invigorcell
Wednesday, January 28, 2015IntelliCell BioSciences Inc a regenerative medicine company utilizing adult autologous stromal vascular cells SVCs derived from the blood vessels found in adipose tissue today announced a license agreement for the indication of Diabetes Mellitus Inv...
Actavis to acquire UK generics firm Auden Mckenzie
Tuesday, January 27, 2015Irelandheadquartered generic major Actavis NYSE ACT said today that it has reached agreement to acquire UKbased Auden Mckenzie a dynamic and fast growing company focused on the development licensing and marketing of niche generic medicines and propri...
Sanofi and Regeneron take the lead in bringing new cholesterol drug to US market
Tuesday, January 27, 2015Regeneron REGNPharmaceuticals Inc and Sanofi may get a head start on their biggest competitor in bringing a new class of cholesterol drugs to the US market The US Food and Drug Administration has until July to make a decision on the companies appli...
Swiss drug company Novartis expects to gain momentum in business depaite weaker profit
Tuesday, January 27, 2015Swiss pharmaceutical giantNovartisAG on Tuesday reported a fall in fourthquarter profit but said it expects its business to gain momentum this year despite uncertainty spawned by the strengthened Swiss franc Baselbased Novartis said net sales would...
