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India issues alert to deter use of Roche's Avastin drug for eyes

Friday, January 22, 2016

Indias federal drugs controller issued an alert on Thursday asking states to ensure Swiss drugmaker Roches cancer treatment Avastin was not administered to treat eyes after its usage hampered vision in patients Despite being a cancer drug Avastin i...

Brazil's BR Pharma to raise fresh capital as BTG Pactual mulls exit

Thursday, January 21, 2016

Brasil Pharma SA Brazils fourthlargest drugstore chain plans to raise a minimum million reais million from investors as controlling shareholder Grupo BTG Pactual SA considers exiting the company In a Wednesday securities filing the company known a...

54 Capital plans Ethiopian pharma aactory after investment

Thursday, January 21, 2016

Capital a Londonbased privateequity company plans to build a new plant for Addis Pharmaceutical Factory within two years after investing million in its seventh deal in Ethiopia an executive said The asset manager will also quickly increase the num...

Mankind Pharma plans to open US plant, invest Rs. 300 cr

Thursday, January 21, 2016

Mankind Pharma plans to invest around Rs crore to set up a manufacturing plant in New Jersey US as part of its strategy to become a leading player in the worlds largest drug market The investment in the US is being done with an eye to place the com...

Big Pharma pushes for New Antibiotic Funds to Fight Superbugs

Thursday, January 21, 2016

Pharmaceutical giants including GlaxoSmithKline Plc and Merck Co are joining a large group of healthcare companies to accelerate the development of drugs and diagnostics for superbug infections trying to come up with a viable commercial model as an...

Biden pledges faster U.S. approval for cancer drug cocktails

Wednesday, January 20, 2016

US Vice President Joe Biden said on Tuesday that the United States would speed up the approval of promising new drug combinations in his governments newly announced drive to cure cancer once and for all Biden who lost his yearold son Beau to brain c...

Two Indian states halt sales of Roche's Avastin drug

Wednesday, January 20, 2016

Two Indian states have put sales of Swiss drugmaker Roches blockbuster drug Avastin on hold officials said on Tuesday after it hampered the vision of patients who used it for a condition it is not officially meant to treat Avastin is a cancer drug...

PsychoGenics expands its Drug Discovery Service Capabilities

Wednesday, January 20, 2016

PsychoGenics Inc announced that it has acquired equipment and hired experienced scientists from Lundbeck Research USA and is now in a position to offer expanded services in the areas of bioanalysis in vivo microdialysis EEG and quantitative histology...

Cognition Life Science selects Smart Science Laboratories for Production

Tuesday, January 19, 2016

Cognition Life Science Inc CLS announced today that it has selected Smart Science Laboratories Inc as an FDA GMP manufacturer for the production of its product for Sleep Disorders The formulation comes from the acquisition of intellectual property fr...

Pharma major Lupin targets $1 bn revenue from inorganic growth by FY18

Tuesday, January 19, 2016

Looking to add billion in revenues from inorganic growth to reach its target turnover of billion by pharma giant Lupin which is currently worth billion says it is open to late stage speciality assets Lupins chief financial officer Ramesh Swamina...