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Teva Says Actavis Deal to Close by April as Profit Falls
Friday, February 12, 2016Teva Pharmaceutical Industries the worlds largest generics drugmaker reported a fall in fourthquarter profit and revenue on lower sales of its top drug and said it expects to close its purchase of Actavis by early April Israelbased Teva TEVAN agreed...
Mylan NV to Acquire Swedish Drug-maker Meda for $7.2 Billion
Thursday, February 11, 2016Netherlandsbased pharmaceutical company Mylan NV has informed of its imminent acquisition of Swedish brand Meda in a billion cashandstock deal after having made two previous unsuccessful attempts of taking over the company Mylans endeavors to procu...
Imprimis Pharma to make cheaper alternative to Retrophin's Thiola
Thursday, February 11, 2016Compounding pharmacy Imprimis Pharmaceuticals Inc said on Wednesday it plans to make a cheaper alternative to Retrophin Incs kidney stone drug Thiola Retrophin under former Chief Executive Martin Shkreli raised the price of the drug from to per ta...
Hikma cuts offer for Boehringer's U.S. generic drug unit
Thursday, February 11, 2016Hikma Pharmaceuticals Plc almost halved the cash portion of its offer for Boehringer Ingelheims US generic drugs business on Wednesday after further due diligence revealed that the units revenue would be lower than expected Higherthanexpected rebat...
Qualicaps® Acquires Genix Industria Farmaceutica Ltda., Brazil’s Leading Hard Capsule Manufacturer
Thursday, February 11, 2016Qualicaps has acquired Genix Industria Farmaceutica Ltda Brazils leading twopiece hard capsule manufacturer with operations located in the pharmaceutical hub of Goais and commercial activities managed from Sao Paulo Qualicaps is a global manufacture...
Denmark's ISS says expands partnership with Novartis
Wednesday, February 10, 2016Danish ISS AS says expands and extends partnership with global pharmaceutical company Novartis Says expands partnership to cover all sites across countries in Europe Says contract has been extended to run for an additional two years until and the...
Regeneron Pharma revenue rises 37 pct
Wednesday, February 10, 2016Regeneron Pharmaceuticals Inc reported a percent rise in quarterly revenue as sales of its blockbuster eye drug Eylea increased percent in the United States Net income rose to million or per share for the fourth quarter ended Dec from million...
FDA puts full clinical hold on CTI BioPharma's blood cancer drug
Wednesday, February 10, 2016CTI BioPharma Corp said the US Food and Drug Administration has put a full clinical hold on the companys investigational new drug application for pacritinib CTI said it has withdrawn its application for the experimental blood cancer drug and will no...
4D pharma plc acquires Tucana Health Limited
Wednesday, February 10, 2016D pharma plc a pharmaceutical company focusing on the development of live biotherapeutics is pleased to announce that it has today acquired the entire issued share capital of Tucana Health Limited Tucana Recent advances have highlighted the importan...
Ferring Pharma proposes to invest up to $250 m in Pharma City, Telangana, India
Tuesday, February 09, 2016Switzerlandheadquartered Ferring Pharma has proposed to invest between and million in setting up a facility in the upcoming Pharma City on the outskirts of Hyderabad In their meeting with the Telangana State Chief Minister K Chandrasekhara Rao tod...
