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Valeant hires attorney, crisis management firm as U.S. scrutiny mounts
Monday, December 14, 2015US pharmaceuticals firm Valeant under mounting pressure from Congress and prosecutors over its drug pricing has hired an attorney in Washington DC and crisis public relations experts with political connections according to sources familiar with the m...
Tianshan Wool Tex to acquire Jialin Pharma for 8.4 bln yuan
Monday, December 14, 2015Xinjiang Tianshan Wool Tex Stock Co Ltd says to acquire Beijing Jialin Pharmaceutical Co Ltd for billion yuan billion via assets swap share issue Says to raise up to billion yuan in private placement of shares to fund acquisition projects
Horizon Pharma acquires Crealta Holdings for $510 million
Saturday, December 12, 2015Specialty drug maker Horizon Pharma HZNPO said on Friday it has agreed to buy Crealta Holdings for million in cash adding the only USapproved treatment for a type of arthritis to its portfolio Crealtas flagship drug Krystexxa is the only treatment...
Chinese drugmaker Jiangsu Hansoh Pharma plans $1.5 bln HK IPO in 2016
Saturday, December 12, 2015Chinese pharmaceutical company Jiangsu Hansoh Pharmaceutical plans an initial public offering worth billion in Hong Kong in the first half of IFR reported on Friday citing people familiar with the plans The company had requested banks to pitch for...
Purdue Canada acquires Merck's ophthalmology portfolio
Friday, December 11, 2015Purdue Pharma announced Mundipharma Ophthalmology Products completed a multiregional agreement with Merck known as MSD outside the United States and Canada to acquire its ophthalmology portfolio for the treatment of increased ocular pressure caused b...
Alembic Pharma arm ties up with Novartis for drug development
Friday, December 11, 2015Alembic Pharmaceuticals group firm Rhizen Pharmaceuticals SA has entered into an exclusive worldwide license agreement with Novartis for the development and commercialisation of a lead compound that could be used in the treatment of human airway diso...
Raptor Pharmaceutical plans to advance development of brain disorder drug
Friday, December 11, 2015Raptor Pharmaceutical Corp said it plans to advance development of its brain disorder drug to a registration study despite it failing to show statistical significance in a trial The drug RP is being evaluated in patients with Huntingtons Disease a t...
AMRI and Multispan ink collaboration agreement
Friday, December 11, 2015Albany Molecular Research Inc announced that it has signed a collaboration agreement with biotechnology company Multispan Inc to comarket their G proteincoupled receptor GPCR drug discovery services to global pharmaceutical and biotechnology clients...
CoGyn Pharmaceuticals updates on reverse merger transaction
Thursday, December 10, 2015CoGyn Pharmaceuticals SA formerly SPAC I SA Said on Wednesday it completed another step of reverse merger transaction with USbased CoGyn Pharmaceuticals Inc Intends to acquire percent stake in CoGyn Pharmaceuticals Inc from investor As a result Co...
Sun Pharma inks pact to develop nervous system drugs
Thursday, December 10, 2015Sun Pharma has entered into an agreement with Israels Weizmann Institute of Science and Spains Health Research Institute of Santiago de Compostela to develop products for treating neurological diseases like brain stroke and glioblastoma a lethal brai...
