Pharma News

This section covers the managerial aspects in the Pharma industry.

Roche and Novartis face off in biosimilar drug battle

Tuesday, May 31, 2016

Switzerland39s biggest drugmakers are clashing over cheaper copies of pricey biotech drugs one reason why Novartis is considering selling its 14 billion stake in crosstown rival Roche With a copycat of Roche39s blood cancer drug Rituxan pending European approval Novartis aims to muscle in on a sha..

Samsung Bioepis receives final European approval for its Remicade copy

Tuesday, May 31, 2016

South Korea39s Samsung Bioepis said on Monday its biosimilar of Johnson Johnson39s JNJN blockbuster rheumatoid arthritis drug Remicade has received final approval from European regulators paving the way for its second product launch in Europe Samsung Bioepis an unlisted arm of South Korea39s top c..

Kaken Pharmaceutical signs agreement with Dong-A ST for Clenafin/Jublia in Korea

Tuesday, May 31, 2016

Kaken Pharmaceutical Co Ltd Says Kaken Pharmaceutical and A Koreabased firm DongA ST Co Ltd concluded an exclusive distribution agreement for the topical formulation for Onychomycosis Clenafin Jublia in Korea Says according to the agreement Kaken hereby grant to DongA the exclusive right for dev..

India's Sun Pharma Arms Get US Subpoena Over Drugs Pricing

Monday, May 30, 2016

Sun Pharma India39s largest drug maker has received a grand jury subpoena from the antitrust division of the US Department of Justice seeking documents from the company and its affiliates relating to corporate and employee records generic products and pricing communications with competitors and oth..

North China Pharmaceutical gets GMP certificate

Monday, May 30, 2016

North China Pharmaceutical Co Ltd Says it receives goods manufacture practice GMP certificate from Hebei Food and Drug Administration Says certificate issued to company39s amoxicillin tablets production line Source reuterscom ..

GSK gets EU approval for first gene therapy for children

Saturday, May 28, 2016

The world39s first lifesaving gene therapy for children developed by GlaxoSmithKline and Italian scientists was approved for sale in Europe on Friday in a step forward for the pioneering technology to fix faulty genes Called Strimvelis it is designed for a tiny number of children with ADA Severe Co..

Netherlands gives green light for growing human embryos

Saturday, May 28, 2016

The Dutch government has announced it wants to allow growing human embryos under strict and limited conditions for scientific research thereby giving hope to parents struggling to conceive The Dutch health minister Edith Schippers said she wants to allow the creation of embryos for scientific resea..

FDA Approves New Arm Implant to Treat Opioid Dependence

Friday, May 27, 2016

The US Food and Drug Administration approved a drugemitting arm implant to treat addiction to heroin and other opioids providing a new tool against a condition that has proved extraordinarily difficult to manage Some addiction experts said the implant could offer a more reliable way to keep addicts..

China Regulator to Launch Drug Pricing Probe In June

Friday, May 27, 2016

China will carry out wideranging pricing inspections on drug firms hospitals and procurement bodies from June 1 the country39s top watchdog said on Friday extending a tough costcutting campaign to reduce the price of healthcare The National Development and Reform Commission NDRC said in a statement..

Roche Announces Positive Results For Gazyva In Phase III Study

Friday, May 27, 2016

Roche Holding AG said on Friday its drug Gazyva showed superior progressionfree survival compared to MabtheraRituxan in people with previously untreated follicular lymphoma in the pivotal phase III Gallium study that met is primary endpoint early Results from an interim analysis showed that the Gaz..

RPG Life Sciences Sells Biotech Business to Intas Pharmaceuticals

Friday, May 27, 2016

RPG Life Sciences today announced that it has sold its biotech unit to Intas Pharmaceuticals Limited The company did not disclose deal size It has been our strategy to focus on our core businesses and the sale of the biotech unit to Intas Pharmaceuticals will only help us achieve this goal and crea..

Novartis willing to sell $14 billion Roche stake without demanding premium - CEO

Thursday, May 26, 2016

Swiss drugmaker Novartis is ready to sell its near 14 billion stake in rival Roche ROGS without demanding a premium Chief Executive Joe Jimenez said on Wednesday Novartis has been discussing options with banks for selling its Roche shares worth about 1370 billion Swiss francs 1381 billion potential..

U.S. Panel backs approval of Sanofi combination diabetes drug

Thursday, May 26, 2016

One day after recommending approval of a new diabetes drug made by Novo Nordisk AS a US advisory panel on Wednesday recommended approval of a similar product made by Sanofi SA The panel voted 122 with one person not voting that the Food and Drug Administration should approve Sanofi39s combination d..

Dr Reddy's buys 6 OTC brands from US-based Ducere Pharma

Thursday, May 26, 2016

Drug major Dr Reddy39s Laboratories has forayed into branded consumer health products segment in the US market by acquiring six overthecounter OTC brands from Ducere Pharma for an undisclosed amount The brands acquired include Doan39s Bufferin Nupercainal ointment Cruex nail gel comtrex and myoflex..

FDA delays decision on Sarepta's muscle-wasting disorder drug

Thursday, May 26, 2016

The US Food and Drug Administration deferred a highly anticipated decision on whether to approve Sarepta Therapeutics Inc39s musclewasting disorder drug a month after an advisory panel determined that the treatment was not effective Sarepta39s shares were up 176 percent at 2169 on Wednesday on hope..

Sartorius to Expand Pharmaceutical Plant in Puerto Rico

Wednesday, May 25, 2016

Puerto Rico39s governor says pharmaceutical supplier Sartorius is investing 50 million to expand its plant in the US territory and convert it to its main logistical hub for the Americas Gov Alejandro Garcia Padilla said Tuesday that the Germanybased company expects to create 350 new jobs in the nex..

Biotest opens new plasma collection centre in Brookings, South Dakota, USA

Wednesday, May 25, 2016

Biotest Pharmaceuticals Corporation Boca Raton USA BPC a 100 subsidiary of Biotest AG Germany a leading manufacturer of plasma proteins and biological products is pleased to announce the addition of its newest plasma collection centre located at Brookings South Dakota USA The stateoftheart facility ..

FDA panel recommends approval of Novo Nordisk diabetes drug

Wednesday, May 25, 2016

A US advisory panel on Tuesday recommended approval of a new diabetes drug made by Novo Nordisk AS that combines two of its existing treatments in a fixeddose combination designed to be both effective and convenient The panel voted 160 that the Food and Drug Administration should approve the drug i..

GSK lung drug succeeds in big UK study, after earlier miss

Wednesday, May 25, 2016

GlaxoSmithKline39s new inhaled medicine Breo proved significantly better than standard care in a large British study that tested it in everyday use providing a fillip for the product after the failure of another big trial in 2015 GSK said on Tuesday the study which tested Breo in daytoday practice ..

Arbor Pharmaceuticals to Acquire XenoPort

Tuesday, May 24, 2016

Arbor Pharmaceuticals LLC and XenoPort Inc announced that they have signed a definitive agreement under which Arbor will acquire XenoPort for 703 per share in cash or a total equity value of approximately 467 million The purchase price per share represents a 60 percent premium to the closing price o..

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