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Akynzeo for prevention of chemotherapy-induced nausea & vomiting now approved by US FDA
Wednesday, October 15, 2014Akynzeo has been approved by the US Food and Drug Administration FDA for the prevention of acute and delayed nausea and vomiting related with initial and repeat courses of cancer chemotherapy that includes but not limited to highly emetogenic chemoth...
Bristol-Myers Squibb, Pharmacyclics pacts with Janssen to examine Opdivo and Imbruvica in non-Hodgkin lymphoma
Wednesday, October 15, 2014BristolMyers Squibb Company Pharmacyclics with Janssen Research Development will conduct a clinical trial to evaluate the safety tolerability and preliminary efficacy of BristolMyers Squibbs investigational PD immune checkpoint inhibitor Opdivo nivo...
AbbVie board backs out on planned $55 billion Shire take over
Wednesday, October 15, 2014US drugmaker AbbVie has held its plan to buy Shire a Dublinbased firm asking its shareholders voice against the planned billion billion pounds takeover following new US tax rules Shire still gets breakup fee of about billion in case AbbVies shar...
Phase III trial of investigational rotavirus vaccine by Shantha Biotechnics
Tuesday, October 14, 2014A phase III study was carried out with the longterm aim to produce a locally licensed vaccine that is safe and able to protect children against rotavirus gastroenteritis Overall the results showed that all three doses of the vaccine evaluated in the...
UK-based Synergy Health goes to Steris Corporation for $1.9 billion
Tuesday, October 14, 2014Global leader infection prevention Steris Corporation and Synergy Health plc quoted that Steris is initiating a recommended offer under the UK law to take over Synergy in a all cash and stock transaction in approximately about per Synergy share...
US biotech firm Biogen Idec submits Marketing Authorization Application for Elocta in Europe
Monday, October 13, 2014Swedish Orphan Biovitrum AB quoted that Biogen Idec has posted a Marketing Authorisation Application MAA for Elocta to the European Medicines Agency EMA Sobi has an exclusive optin right to presume development and commercialization of Elocta in Europ...
Endo to acquire Auxilium in $2.6 billion deal
Monday, October 13, 2014Ireland based Endo International is set to buy Auxilium Pharmaceuticals in a cashandstock deal valued at billion Auxilium has welcomed the new offer after rejecting one for a lower price a few days back Endo shall pay in cash and stock for each Au...
FDA calls down on Sun pharma over delayed follow up of recalled drugs
Saturday, October 11, 2014The much talked about Indian pharmaceutical company Sun pharma has been called down by the USFDA for being abstracted in followingup corrective actions for the drugs it recalled from the US market The company earlier this year recalled its diabetes...
Impax to acquire Tower Holdings and Lineage Therapeutics in a $700 million deal
Friday, October 10, 2014Impax Laboratories Inc IPXL today affirmed the execution of a conclusive understanding under which Impax will obtain Tower Holdings Inc including working subsidiaries Corepharma LLC and Amedra Pharmaceuticals LLC and Lineage Therapeutics Inc toge...
Indi''a pharma majors Sun, Dr Reddys, Cadila and 14 others under US Congress probe for drug price hike
Wednesday, October 08, 2014The aberrant price rise of drugs has led almost companies come under the scanner of the US Congress The US administrative authority lashed out at top Indian Drug firms including Sun Pharmaceuticals Dr Reddys Laboratories and Cadila healthcare...