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Pricing pressures weigh on drug industry growth - Moody's

Thursday, March 03, 2016

Moodys sees modest reduction in pharma earnings growth Outlook reduced to stable from positive EBITDA seen rising pctyear vs pct previously The pharmaceutical industry faces growing pressure on prices and is struggling to get some new product...

NY attorney general to investigate insurers over hepatitis C drugs

Thursday, March 03, 2016

New York state Attorney General Eric Schneidermans office has asked health insurers for documentation on patients who have been denied coverage of drugs used to cure hepatitis C a person familiar with the matter told Reuters on Wednesday Schneiderm...

BCorp enters pharmaceutical JV with Australia’s CW Network

Thursday, March 03, 2016

Berjaya Corp Bhd BCorp through its indirect subsidiary Morning Charm Sdn Bhd has entered into a joint venture JV to own and operate community pharmacy stores and distribute pharmaceutical and nonpharmaceutical products The diversified group told Bur...

Norbrook Laboratories: Newry pharmaceutical firm grows turnover by 8.5%

Wednesday, March 02, 2016

Norbrook Laboratories the pharmaceutical firm based in Newry County Down grew its turnover by to m last year Pretax profits were steady at m while employee numbers grew by about to The firm specialises in veterinary medicines and is one of North...

McKesson expands oncology expertise with buy of Vantage Oncology and Biologics

Wednesday, March 02, 2016

US healthcare services company McKesson NYSE MCK has signed definitive agreements to purchase Vantage Oncology a leading national provider of radiation oncology medical oncology and integrated cancer care and Biologics Inc an oncology pharmacy servic...

AstraZeneca Sells Two Heart Drugs to China Medical for $500 mln

Tuesday, March 01, 2016

AstraZeneca said on Monday it had sold the rights to two ageing heart drugs to China Medical System Holdings for million marking the latest step in an ongoing programme of divestments for noncore assets Chief Executive Pascal Soriot is relying heav...

Aurobindo Pharma gets USFDA nod for antidote to analgesic overdose

Tuesday, March 01, 2016

Aurobindo Pharma has received final approval from the US health regulator for generic version of an intravenous antidote to a painkiller drug overdose An antidote is a substance which can counteract a form of poisoning The company has received fina...

Horizon Pharma Discloses Subpoena Over Patient Financial Assistance

Tuesday, March 01, 2016

Dublinbased companys shares fall to through close of regular trading Horizon Pharma PLC is the latest drugmaker to attract scrutiny from federal prosecutors over its use of financial assistance to help patients pay for the companys drugs Horizon...

Aldeyra's eye drug found effective in mid-stage study

Monday, February 29, 2016

Aldeyra Therapeutics Inc said its experimental eye drug proved to be more effective than a placebo in treating itching and tearing associated with allergic conjunctivitis in a midstage study Allergic conjunctivitis is a common disease characterized...

Gilead's HIV Drug Gets Closer to Getting Europe Approval

Saturday, February 27, 2016

Gilead Sciences Incs experimental cocktail to treat HIV received a green light from European regulators on Friday boosting the chances of the drug being formally approved by the European Commission The European Medicines Agency issued a positive opi...