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Zhejiang Hisun Pharmaceutical unit gets GMP certificate
Monday, July 25, 2016Zhejiang Hisun Pharmaceutical Co Ltd Says its unit receives goods manufacture practice GMP certificate Says certificate issued to the units imported drug packing production line and the valid period is until July Source reuterscom
European Medicines Agency suspends scores of drugs tested by Semler Research
Monday, July 25, 2016The European Medicines Agency has recommended suspension of scores of medicines tested by Semler Research an Indian clinical research organization based on findings by the US FDA and WHO The two agencies had raised serious concerns related to data...
Amgen, Allergan biosimilar found as effective as Roche cancer drug
Friday, July 22, 2016Amgen Inc and Allergan Plc said their copycat version of Roche Holding AGs blockbuster cancer treatment Herceptin was found as effective as the original in a latestage study There were no clinically meaningful differences in data gathered from patie...
QuVa Pharma Acquires Biotech Pharmaceutical Facility in New Jersey
Friday, July 22, 2016QuVa Pharma Inc a recently formed national platform for sterile compounding pharmacy services today announced it has signed an agreement to acquire an FDA approved biotech pharmaceutical facility in New Jersey QuVa Pharma currently operates two Texas...
India’s Drug Approvals Near Record Despite FDA Inspection Blitz
Thursday, July 21, 2016The US Food and Drug Administration has become something of a bogeyman for Indias stock market An inspection blitz on Indian drug factories that supply to the US helped push the broader index of Indian healthcare stocks down by as much as percent e...
Lupin seeks to invalidate patent on Bausch & Lomb eye drug
Thursday, July 21, 2016Indian generic drugmaker Lupin Ltd is asking a court to invalidate a patent on Bausch Lomb Incs antiinflammatory eye drug Prolensa as it seeks to make a generic version of the drug Lupins claim filed Monday in the US District Court for the District...
Roche core EPS ahead of market view on drug sales
Thursday, July 21, 2016Switzerlands Roche surpassed market expectations for core net income per share in the first six months of the year led by drugs such as new asthma treatment Xolair and established breast cancer medicine Herceptin Core earnings per share which are ad...
Galenica to buy Relypsa to strengthen its unit Vifor Pharma
Thursday, July 21, 2016Galenica will pay per share in cash or a total of approximately billion Galenica to acquire Relypsa to strengthen its business unit Vifor Pharma Vifor Pharma will gain a fullyintegrated commercial organisation in the US and significantly strengthe...
Johnson & Johnson Raises Guidance, Buoyed by Pharma Growth
Wednesday, July 20, 2016Johnson Johnson on Tuesday raised its guidance for the year again as the healthcare giant topped expectations in the latest quarter helped by growth in its pharmaceutical business The New Brunswick NJ company now expects earnings for the year of t...
Novartis warns 2016 profit may fall on higher heart drug spending
Wednesday, July 20, 2016Novartis warned on Tuesday its profit may decline this year as it ramps up marketing spending on new heart failure drug Entresto following a disappointing start for the medicine Combined with falling sales of leukemia treatment Gleevec core operatin...