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Gilead, Merck Spar Over Hepatitis C $1,000-Pill Royalties
Tuesday, March 08, 2016Gilead Sciences Inc which pioneered a cure for hepatitis C is trying to fend off a demand by Merck Co for more than billion in a patent dispute over the liver disease treatment A compound in Gileads blockbuster drugs Sovaldi and Harvoni was found...
Ajanta Pharma Receives US FDA Nod for Migraine Drug Almotriptan Malate
Tuesday, March 08, 2016Ajanta Pharma Ltd has received from the US Food and Drug Administrations FDA final approval for almotriptan malate tablets mg mg a generic version of Janssen Pharmaceuticals Axert for the treatment of acute migraine pain relief The company will be...
PCI Pharma Services Explores $1 billion Sale
Tuesday, March 08, 2016PCI Pharma Services a US provider of outsourced packaging and clinical trial supply services to the pharmaceutical industry is exploring a sale that could value it at around billion including debt according to people familiar with the matter PCIs p...
AbbVie Buys Rights to Boehringer Psoriasis Drug for $595 mln
Tuesday, March 08, 2016US drugmaker AbbVie has acquired marketing rights to a promising experimental psoriasis treatment from Germanys Boehringer Ingelheim for an initial upfront payment of million The deal covers the compound BI which is being tested on humans in the th...
GSK asthma drug Nucala's long-term study supports safety profile
Monday, March 07, 2016GlaxoSmithKline Plc said on Saturday its asthma drug Nucala which is already approved in the United States and Europe showed a similar safety profile in a longterm study compared with previous studies GSK said Nucala which is administered once every...
Pharma crusader takes India's drug regulators to court
Monday, March 07, 2016One of Indias bestknown whistleblowers who exposed dangerous practices in the generic drug industry in is taking the countrys drugs regulators to court accusing them of failing to enforce rules on drug safety in the billion industry Three years ag...
Novo Nordisk says Victoza helps lower heart risks
Saturday, March 05, 2016Novo Nordisk said on Friday the results from a trial showed that its Victoza diabetes drug significantly reduced the risks of major adverse cardiovascular events People with type diabetes generally have a higher risk of experiencing major adverse c...
UCLA sells royalty rights connected with cancer drug to Royalty Pharma
Saturday, March 05, 2016UCLA and Royalty Pharma announced today that UCLA has sold its royalty interest connected with a leading prostate cancer medication Xtandi whose development was based on discoveries by campus researchers Royalty Pharma has acquired rights to a porti...
Generic drug ETF ailing despite political focus on high drug prices
Friday, March 04, 2016Calls in the US presidential campaign to cut pharmaceutical prices are not helping to revive a barely twomonthold exchangetraded fund that invests in shares of generic drugmakers In fact low prices that define generic drugs may be the ETFs biggest s...
South African state-owned drug firm seeks anti-retroviral supplies
Friday, March 04, 2016South Africa wants antiretroviral drug suppliers to allocate some of their products to a new stateowned pharmaceutical firm Ketlaphela a government official said on Friday part of plans to tackle the countrys AIDS problem South African health author...
