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Ghana Pharmaceutical companies urged to merge with foreign investors
Monday, August 01, 2016Nana Addo Agyekum the newly installed Unity Chief of New Juaben in the Eastern Region has urged private pharmaceutical companies to forge partnership with foreign investors to expand their businesses Nana Agyekum said establishing a joint partnershi...
Seres drug for treating intestinal infection fails in study
Saturday, July 30, 2016Seres Therapeutics Inc said its experimental drug for preventing a bacterial infection of the large intestine missed the main goal in a midstage study sending its shares down percent in premarket trading In eight weeks the drug SER did not reduce t...
Ligand announces licensing agreement with Nucorion Pharmaceuticals
Saturday, July 30, 2016Ligand announces multiprogram LTP technology licensing agreement with nucorion pharmaceuticals NewlyFormed Nucorion cofounded by Ligand to pursue a pipeline of LTPbased programs for China and other markets Eligible to receive milestone payments as w...
Sun Pharma signs licening pact with spanish firm Almirall for psoriasis drug
Friday, July 29, 2016Indias largest drug maker Sun Pharma has signed a licensing agreement with Spanish firm Almirall for development and commercialization of tildrakizumab its lead investigational compound for moderatetosevere plaque psoriasis Sun Pharma said it will bu...
Bristol-Myers shares hit by decline of Yervoy melanoma drug
Friday, July 29, 2016BristolMyers Squibb Co reported disappointing secondquarter sales of its Yervoy melanoma treatment on Thursday raising concerns about the longterm prospects for one of its most important cancer medicines and sending its shares lower Sales of Yervoy...
Pfizer and Western Oncolytics announce immuno-oncology research collaboration
Friday, July 29, 2016Pfizer and Western Oncolytics announce immunooncology research collaboration to investigate novel oncolytic virus technology Following completion of Phase I trials Pfizer has an exclusive option to acquire WO Under terms of agreement Pfizer and Wes...
U.S. and UK form global partnership to speed new antibiotics
Friday, July 29, 2016US and British health officials have created a new alliance with a budget of hundreds of millions of dollars to accelerate the development of new antibiotics and tackle the growing problem of drug resistance The new group known as CarbX short for Co...
Advent, CVC bid for inVentiv ahead of IPO
Thursday, July 28, 2016Buyout firms Advent International and CVC Capital Partners have made offers to acquire inVentiv Group Holdings a pharmaceutical research firm seeking to go public at a valuation of over billion including debt people familiar with the matter said Th...
Teva Wins U.S. Nod for Actavis After Divestiture of 79 Drugs
Thursday, July 28, 2016The US Federal Trade Commission approved Teva Pharmaceutical Industries Ltds billion purchase of Allergan Plcs generic drugmaking unit after the companies agreed to the biggest divestiture ever in a pharmaceutical merger to preserve competition The...
Merck & Co and AmoyDx collaborate to bring liquid biopsy RAS biomarker testing to China
Thursday, July 28, 2016Merck and AmoyDx collaborate to bring liquid biopsy RAS biomarker testing to China Merck and AmoyDx plan to implement ADXSuperARMS liquid biopsy RAS test in Chinese medical centers in Plan to expand into other markets such as Argentina India Mexico...