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Tsumura to Set Up Pharmaceutical Jv in China
Friday, May 06, 2016Tsumura Co Says it to set up a pharmaceutical jv in China with a Shanghaibased medicinal materials company Says the jv to be capitalized at million yuan and the co will hold percent stake in the jv Source reuterscom
Sanofi Says It Will Try to Oust Medivation Board Members if Deal Talks Don’t Start
Friday, May 06, 2016Sanofi SA on Thursday said it sent a letter to Medivation Inc saying it would try to remove and replace members of the US biotech firms board if it didnt engage in takeover talks The Parisbased drugmaker which has a record of hostile takeovers in th...
Regeneron Secures More Coverage For Cholesterol Drug Praluent
Friday, May 06, 2016Regeneron Pharmaceuticals Inc facing slowing sales of blockbuster eye drug Eylea said it was making substantial progress in securing more insurance coverage for cholesterol drug Praluent its other key product Shares of the company which reported bet...
Valeant Forms Committee to Determine Drug Prices
Friday, May 06, 2016Valeant Pharmaceuticals International Inc which has come under heavy fire from politicians because of dramatic price increases for its drugs said it had formed a committee that will be responsible for those prices going forward Valeant has made mist...
Epizyme's investigational new drug application gets FDA nod
Thursday, May 05, 2016Epizyme announces fda acceptance of investigational new drug application for tazemetostat in mesothelioma In q of this year company plans to initiate a phase study in patients with mesothelioma Source reuterscom
Dubai's Abraaj exits investment in Tunisian pharma firm
Thursday, May 05, 2016Dubaibased Abraaj Group has announced that it has successfully exited its investment in Tunisian pharmaceutical company Unit de fabrication de mdicaments through an initial public offering on the Tunis Stock Exchange Unimed was the first IPO this ye...
Bayer Says Its Drug Extends Lives of Liver Cancer Patients
Thursday, May 05, 2016Bayer AG said on Thursday its Regorafenib cancer treatment drug helped extend the lives of liver cancer sufferers according to the results of a Phase III clinical trial Bayer now plans to file for regulatory approval of the oncology compound which i...
Pfizer CEO still interested in deals after losing Allergan
Wednesday, May 04, 2016After a planned purchase of Allergan Plc AGNN was scuttled by the US government Pfizer PFEN Chief Executive Ian Read on Tuesday said he would consider another merger of any size at any time as long as the deal makes sense But he said Pfizer is at le...
Inovio Pharmaceuticals Completes Acquisition of Needle-Free Injection Technology
Wednesday, May 04, 2016Inovio Pharmaceuticals Inc announced it has closed the transaction to acquire all of BioJect Medical Technologies Incs assets including pioneering needlefree jet injection technology devices and intellectual property which it first announced in a def...
Biogen to Spin Off Hemophilia Drugs and Focus on Core Neuro Business
Wednesday, May 04, 2016Biogen Inc plans to spin off its hemophilia drug business as a publicly traded company leaving the drugmaker to focus on developing drugs for neurodegenerative diseases the company said on Tuesday Biogen said it considered a number of alternatives i...
