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Acadia Drug Approval Could Clear Way for Axovant Dementia Therapy
Friday, April 29, 2016An imminent ruling on Acadia Pharmaceuticals Incs drug for Parkinsons disease psychosis is being closely watched by a Bermudabased company with a similar treatment for dementia Axovant Sciences Ltds experimental drug for Lewy body dementia after Al...
Sanofi Launches $9.3 Blillion Fight For U.S. Cancer Firm Medivation
Friday, April 29, 2016French drugmaker Sanofi went public with a billion offer to buy Medivation on Thursday setting up what could be a lengthy takeover battle after the US cancer firm rebuffed its approaches The decision to target Medivation marks a return to the biote...
AbbVie Agrees to Buy Stemcentrx, Reports Jump in Earnings
Friday, April 29, 2016Drugmaker AbbVie Inc agreed to acquire a cancerdrug developer Stemcentrx Inc for billion continuing AbbVies aggressive push to build an oncology business With the cashandstock acquisition which includes potential additional payments of up to billi...
Montco Pharma firm Partners with Mayo Clinic, National Cancer Institute on Study
Thursday, April 28, 2016Inovio Pharmaceuticals Inc Is teaming up with the National Cancer Institute and the Mayo Clinic to test its experimental immunotherapy as a potential treatment for hepatitis C The Plymouth Meeting Pa biopharmaceutical companys new drug candidate cal...
Merz Pharma Announces New Investment in Cytrellis Biosystems
Thursday, April 28, 2016Merz Pharma has made a strategic venture investment in Cytrellis Biosystems a US based company developing a new class of nonsurgical products to combat sagging skin associated with aging Merz has joined a growing set of industry investors to back Bo...
UBS, MPM Team Up on $471 Million Cancer Fund to Speed Drug Development
Thursday, April 28, 2016A million UBS venture fund aims to generate annual returns north of percent for its European and Asian investors by financing new cancer drugs helping speed them from the lab to the point where drug companies buy their rights Mark Haefele global c...
Bethlehem, PA, Sited For Manufacturing Expansion by Lubrizol Corporation's LifeSciences
Thursday, April 28, 2016Lubrizol Corporations LifeSciences the leading contract development and manufacturing organization for complex drug products is adding commercial drug product manufacturing capacity at its Particle Sciences facility in Bethlehem Pennsylvania The sq...
Aurobindo Pharma USA, Inc. To Establish National Headquarters In Durham, North Carolina
Wednesday, April 27, 2016Indiabased Aurobindo Pharma USA Inc will bring new RD and pharmamanufacturing jobs to Durham North Carolina The New Jerseybased maker of generic pharmaceuticals plans to invest over million in a new stateoftheart national headquarters for specialty...
Collegium Pharma's opioid painkiller wins U.S. approval
Wednesday, April 27, 2016Collegium Pharmaceutical Inc said on Tuesday its abusedeterrent painkiller won full marketing approval from US health regulators The drug Xtampza ER won a tentative approval in November but full approval was contingent on the outcome of a lawsuit fi...
AstraZeneca Sells U.S. gout Drug Rights to Ironwood for up to $265 million
Wednesday, April 27, 2016British drugmaker AstraZeneca Plc said on Tuesday Ironwood Pharmaceuticals Inc IRWDO would buy the US marketing rights for its newly approved gout drug for up to million The deal gives Ironwood the rights to sell the drug Zurampic or lesinurad whic...
