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Sartorius acquires U.S. start-up ViroCyt
Saturday, July 16, 2016Sartorius a leading international pharmaceutical and laboratory tools provider today announced the acquisition of ViroCyt Incorporated an innovator in the field of rapid virus quantification Based in Broomfield Colorado USA the startup is expected to...
Ex-drug executive Shkreli to face U.S. fraud trial in June 2017
Friday, July 15, 2016Martin Shkreli the former pharmaceutical executive who last year became a lightning rod for criticism of soaring prescription drug prices is now scheduled to go on trial in June in the US governments securities fraud case against him US District Ju...
Granules to acquire 12.5 per cent stake in USpharma
Friday, July 15, 2016Granules India Ltd today said its whollyowned subsidiary Granules Pharmaceuticals Inc will acquire a per cent stake in USbased USpharma for an undisclosed sum According to a statement by Granules the acquisition of the stake will enable it to parti...
Teva Pharma to raise $20 billion to $25 billion in bond sale next week
Friday, July 15, 2016Teva Pharmaceutical Industries will raise between billion and billion next week to finance its billion acquisition of Allergan Plcs AGNN generics business the Globes financial news website said on Thursday Israelbased Teva TEVAN said in a filing...
Recordati Acquires The Swiss Pharmaceutical Company Pro Farma
Friday, July 15, 2016Recordati announces the acquisition of of the share capital of Pro Farma AG a Swiss pharmaceutical company with headquarters in Zug The value of the transaction enterprise value is of CHF million and will be funded from existing liquidity The signi...
Dr Reddy's recalls 9,330 bottles of Sirolimus tablets in US
Thursday, July 14, 2016Pharma major Dr Reddys Laboratories is recalling bottles of Sirolimus tablets used for prevention of organ rejection after kidney transplant in the US due to presence of impurities According to the latest Enforcement Report of United States Food an...
Antipsychotic drug also relieves nausea from cancer chemotherapy
Thursday, July 14, 2016Adding the cheap antipsychotic drug olanzapine to conventional antivomiting medicine can help prevent nausea in cancer patients according to a new test of volunteers During the first hours after chemotherapy percent of patients receiving the drug...
AstraZeneca resolves Faslodex patent litigation in U.S.
Thursday, July 14, 2016British drugmaker AstraZeneca Plc said on Wednesday it has entered into an agreement with Sandoz the generic pharmaceuticals division of Novartis AG to resolve Faslodex patent litigation in the US The company said it agreed to resolve the litigation...
Teva says Allergan deal to close 'any time', expects U.S. antitrust clearance
Thursday, July 14, 2016Teva Pharmaceutical Industries Ltd said on Wednesday it expected its billion deal to buy Allergan Plcs AGNN generics business to close at any time even as the companies extended the deadline for completing the transaction to October to allow more ti...
Cipher Pharmaceuticals announces Ozenoxacin accepted for review by Health Canada
Wednesday, July 13, 2016Cipher Pharmaceuticals Inc announced that its New Drug Submission for Ozenoxacin has been accepted for review by Health Canada Ozenoxacin is a topical treatment proposed for use in adult and paediatric patients with impetigo a highly contagious bacte...