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Zafgen's Obesity Drug Succeeds in Mid-Stage Trial
Friday, February 19, 2016Drug developer Zafgen Inc said on Thursday that its drug to treat obesity in diabetic patients met the main goal of reducing body weight Patients given mg and mg doses of the drug beloranib experienced and percent reduction in body weight respec...
Alnylam's New Norton Plant Seen as Strengthening State's Pharma Hub
Friday, February 19, 2016A new manufacturing plant south of Boston for one of the states fastestgrowing drug companies represents a lot more than simply one companys expansion according to the head of the Massachusetts Life Sciences Center Its about moving beyond the states...
Cipla Completes $550 million Acquisition of 2 US Generic Drug Companies
Friday, February 19, 2016Cipla has compled its million around Rs crore acquisition of US generic drug makers InvaGen and Exelan This gives the yearold Indian drug maker a bigger presence in the lucrative US market This is its second major acquisition after the Rs crore dea...
Glenmark Pharma Surges on Receiving Tentative Approval from USFDA
Thursday, February 18, 2016Glenmark Pharma has surged over at Rs after the company announced the receipt of tentative approval from USFDA for its generic version of azelaic acid topical gel that is used for treating skin inflammation Glenmark will market this product after...
UK Cost Agency Queries Value of $700,000-a-year Alexion drug
Thursday, February 18, 2016An enzyme treatment from Alexion Pharmaceuticals costing pounds a year may be worth using in babies with a rare disorder but does not represent good value for all patients Britains healthcare cost watchdog said Kanuma is designed for treating lyso...
AstraZeneca Wins FDA Breakthrough Status for Key Cancer Drug
Thursday, February 18, 2016The US Food and Drug Administration has granted breakthrough therapy designation to AstraZenecas biggest new drug hope durvalumab as a treatment in bladder cancer the drugmaker said on Wednesday The experimental medicine is a socalled PDL therapy th...
NLS Pharma Acquires A Portfolio of Strategic Patents
Thursday, February 18, 2016NLS Pharma announces the acquisition of four patents including one linked to an innovative compound that NLS Pharma seeks to develop for the treatment of ADHD AttentionDeficitHyperactivity Disorder ADHD is considered by OECD as one of the most frequ...
Nutra Pharma Announces Management Expansion and Business Updates
Wednesday, February 17, 2016Nutra Pharma Corporation a biotechnology company marketing Nyloxin and Pet PainAway in the overthecounter OTC pain management market and which is also developing treatments for Multiple Sclerosis MS Human Immunodeficiency Virus HIV Adrenomyeloneuropa...
Flexion's pain drug succeeds in study, shares soar
Wednesday, February 17, 2016Flexion Therapeutics Incs pain drug was found to be effective in a latestage study taking the company one step closer to its first ever US marketing approval Flexions shares jumped about percent in extended trading on Tuesday as the announcement re...
GSK Loses Bid to nix Trial Over Generic Drug Blamed for Reed Smith Partner's Death
Wednesday, February 17, 2016A federal judge in Illinois has denied GlaxoSmithKlines bid to beat a lawsuit alleging that a generic version of its antidepressant Paxil caused a Reed Smith partners suicide after initially saying he would not rule on its request before trial At GS...