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Torrent Pharma launches Adalimumab biosimilar in India
Wednesday, January 13, 2016Drug firm Torrent Pharmaceuticals has launched in India its biosimilar Adalimumab used for the treatment of auto immune disorders under the brand name Adfrar The companys product will be available as prefilled syringe of mg Torrent Pharmaceuticals...
Merck, BioLineRX to study drug combo to fight pancreatic cancer
Wednesday, January 13, 2016Israeli biopharmaceutical company BioLineRX Ltd said on Tuesday it would collaborate with US industry heavyweight Merck to test a combination of drugs for the treatment of pancreatic cancer The companies will partner in a midstage study to evaluate...
Roche, AbbVie get U.S. priority review status for leukemia drug
Wednesday, January 13, 2016Roche said on Tuesday that the US Food and Drug Administration has granted priority review status for its venetoclax drug for the treatment of a blood cancer which it is developing with partner AbbVie Analysts have said the drug has blockbuster sale...
McKesson says 2017 profit to be hurt by weak generic drug pricing
Tuesday, January 12, 2016Drug distributor McKesson Corp MCKN said its fiscal earnings are likely to be hit by weak generic drug pricing and narrowed its profit forecast for McKessons shares fell about percent to The company which distributes drugs to retailers such as...
Astrazeneca says ties up with Moderna to co-develop immuno-oncology mRNA
Tuesday, January 12, 2016Astrazeneca Plc Co and Moderna Therapeutics announce new collaboration to codevelop and cocommercialise immunooncology mRNA Therapeutics Two companies will cocommercialise resulting products in US under a profit sharing arrangement Astrazeneca and...
Nestle signs $120 million deal with Seres for 'healthy gut' drugs
Tuesday, January 12, 2016Nestle is investing in USbased Seres Therapeutics for a third time in a year this time injecting million to develop and commercialize medicines aimed at restoring a healthy bacteriological balance in the human digestive system The deal announced on...
Drugmaker Shire to buy Baxalta for $32 billion after six-month pursuit
Tuesday, January 12, 2016Drugmaker Shire Plc clinched its sixmonth pursuit of Baxalta International Inc BXLTN on Monday with an agreed billion cash and stock offer catapulting it to a leading position in treating rare diseases The Londonlisted group which first approached...
Sanofi teams with Innate Pharma in Deal to develop cancer drugs
Monday, January 11, 2016Sanofi has teamed up with Innate Pharma SA in an effort to develop cancer treatments using the bodys own immune system Under the agreement the drugmakers will develop up to two treatments using antibodies to engage socalled naturalkiller cells to at...
Cure Duchenne Ventures LLC provides funding to Bamboo Therapeutics to help Advance Gene Therapy Treatment for Duchenne Muscular Dystrophy
Monday, January 11, 2016CureDuchenne Ventures LLC a venture philanthropy organization that funds research to find a cure for Duchenne muscular dystrophy announced today that they have invested in Bamboo Therapeutics Inc an earlystage biotechnology company dedicated to devel...
BioMarin CEO, waiting on FDA on Duchenne drug, eyes Europe
Monday, January 11, 2016BioMarin Pharmaceutical is expecting US regulators to take action this month on its drug to treat a fatal musclewasting disease but is also eyeing the European market its chief executive officer said in an interview The company which specializes in...
