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Auris's tinnitus drug misses main goals in study; shares sink
Friday, August 19, 2016Auris Medical Holding AG said its experimental drug for acute inner ear tinnitus missed the main goals of a latestage study sending its shares down more than percent in premarket trading The trial did not meet the two coprimary effectiveness goals...
Mallinckrodt Locates Growing Specialty Brands Businesses In Bedminster, N.J.; Continues Significant St. Louis Reinvestment
Friday, August 19, 2016Mallinckrodt plc a leading global specialty pharmaceutical company announced today it will build out a new campus for its fastgrowing Specialty Brands organizations in the Somerset Financial Center Route in Bedminster Mallinckrodt will invest great...
Amerigen Pharmaceutical announces final approval from FDA for generic version of Temodar®
Friday, August 19, 2016Amerigen Pharmaceuticals Limited today announced that the US Food and Drug Administration FDA has granted final approval to the Companys Abbreviated New Drug Application ANDA for a generic version of Temodar temozolomide capsules and mg The prod...
Sagent Pharma says initiates a nationwide voluntary recall of one lot of Oxacillin
Thursday, August 18, 2016Sagent pharmaceuticals initiates a nationwide voluntary recall of oxacillin for injection usp g due to presence of iron oxide particulate matter Sagent is not aware of any known adverse patient events resulting from use of subject product lot Part...
Fresenius Kabi Announces Major Investment in U.S. Manufacturing
Thursday, August 18, 2016Fresenius Kabi announced today it will invest approximately million over years to expand the companys Melrose Park site which manufactures generic sterile injectable pharmaceuticals used in hospitals and clinics throughout the United States The exp...
FDA grants orphan drug status to Pulmatrix's PUR1900
Thursday, August 18, 2016Pulmatrix receives orphan drug designation from the FDA for inhaled drug to treat pulmonary fungal infections in cystic fibrosis patients FDA granted cos request for orphan drug status for drug for treating pulmonary fungal infections in cystic fibr...
Sasmar Pharmaceuticals Announces Acquisition of Aquatrove BioSciences, Inc.
Thursday, August 18, 2016Sasmar Pharmaceuticals announced that is has acquired Aquatrove Biosciences Inc a biotechnology company focused on discovery research and development in human reproductive health and fertility Under the terms of the agreement Sasmar through its Aust...
Strides Shasun completes acquisition of Generic Partners
Wednesday, August 17, 2016Drug firm Strides Shasun today said it has completed acquisition of a controlling stake in Australiabased Generic Partners Holdings We refer to our press release dated February on acquisition of strategic stake in Generic Partners Holdings Austral...
OncoGenex seeks strategic alternatives after drug study fails
Wednesday, August 17, 2016OncoGenex Pharmaceuticals Inc said it was exploring strategic alternatives after its experimental drug failed to show survival benefit in a latestage study in patients with advanced prostate cancer The Bothell Washingtonbased companys stock tumbled...
Asia’s Pharma Investment Shows the Benefit of Patent Protection
Wednesday, August 17, 2016Next month in New York the United Nations will launch its longawaited High Level Report on access to medicines The UN hopes this will resolve the debate around intellectual property rights and access to medicines Leaked versions of the report sugges...
