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GSK chases next biotech asthma drug with $230 million J&J deal
Thursday, July 28, 2016GlaxoSmithKline has bought global rights to an experimental drug from Johnson Johnson for up to million pounds million raising its bet on a new generation of biotech medicines for severe asthma The British drugmaker recently launched Nucala its f...
Shanghai Pharmaceuticals Holding unit gets GMP certificate
Wednesday, July 27, 2016Shanghai Pharmaceuticals Holding Co Ltd Says its unit receives goods manufacture practice GMP certificate from Shanghai Food and Drug Administration Says certificate is issued to three drug production lines and the valid period is until
Recro Pharma's intravenous painkiller succeeds in trial, shares soar
Wednesday, July 27, 2016Recro Pharma Inc said an intravenous version of its lead painkiller was successful in the first of two pivotal latestage trials sending the companys shares surging percent in trading after the bell The drug Meloxicam was being evaluated to treat ac...
X-Chem and AbbVie Enter into Multi-Target Drug Discovery Partnership
Wednesday, July 27, 2016XChem Inc a privately held biotechnology company applying its cuttingedge lead discovery capabilities to the generation of novel small molecule therapeutics today announced a multitarget drug discovery agreement with AbbVie The collaboration is focus...
China's Fosun to buy KKR backed Gland Pharma for $1.4 billion
Wednesday, July 27, 2016In what would be the first instance of large FDI from China in Indian manufacturing Shanghai Fosun Pharmaceutical Group Co will sign a definitive agreement later on Wednesday to acquire a controlling stake in Hyderabadbased Gland Pharma in a billion...
Celgene drug fails to extend survival in lymphoma study
Tuesday, July 26, 2016Celgene Corp said on Monday that its flagship drug Revlimid failed to extend survival as a maintenance therapy for a type of blood cancer after patients had responded to prior treatment As a result the US biotechnology company said it would not seek...
Kite Pharma Licenses Enabling Technology for the Development of Off-the-Shelf Allogeneic T-Cell Therapies
Tuesday, July 26, 2016Kite Pharma Inc a clinicalstage biopharmaceutical company focused on developing engineered autologous Tcell therapy eACT products for the treatment of cancer today announced that it has entered into an exclusive worldwide license agreement with The R...
Germany plans to extend price brake for drugs under statutory insurance
Tuesday, July 26, 2016Germany wants to extend a price brake for drugs covered by statutory health insurance for five years beyond stretching out the measure introduced in a draft law seen by Reuters shows The health ministry estimates savings from the extension will am...
Apricus Biosciences Expands Existing Vitaros® Partnership with Ferring Pharmaceuticals
Tuesday, July 26, 2016Apricus Biosciences Inc a biopharmaceutical company advancing innovative medicines in urology and rheumatology today announced that it has further expanded its exclusive distribution agreement with Ferring Pharmaceuticals Ferring for the commercializ...
China launches nationwide inspection of vaccines
Monday, July 25, 2016China health authorities have started a nationwide inspection of vaccinations four months after a scandal broke involving nearly million worth of illegal vaccines that were suspected of being sold in dozens of provinces Authorities will track purch...
