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Novartis trial shows drug improves survival for AML patients

Monday, December 07, 2015

Novartis phase III study for its acute myeloid leukemia AML drug showed it improved overall survival by percent for patients with FLT mutations the Swiss drugmaker said on Sunday Baselbased Novartis said the study was the first large controlled tri...

Nebraska governor suspends efforts to buy lethal injection drugs

Monday, December 07, 2015

The governor of Nebraska said the state will stop trying to acquire lethal injection drugs or carry out executions until after a statewide vote on capital punishment in November Republican Governor Pete Ricketts said in a statement on Friday that N...

Novo Nordisk files for EU approval of faster-acting diabetes drug

Saturday, December 05, 2015

Danish insulin maker Novo Nordisk has filed for regulatory approval of fasteracting insulin drug aspart in the EU to the European authorities the company said on Friday The filing came after results of a clinical trial programme involving around pe...

Johnson & Johnson announces completion of Novira Therapeutics, Inc. acquisition

Saturday, December 05, 2015

Johnson Johnson announced the completion of the acquisition of Novira Therapeutics Inc a privately held clinicalstage biopharmaceutical company developing innovative therapies for curative treatment of chronic hepatitis B virus HBV infection The tra...

AstraZeneca Pharma India to close Bengaluru API unit

Friday, December 04, 2015

Drug firm AstraZeneca Pharma India will close its Active Pharmaceutical Ingredient API unit at Bengaluru due to low demand for the product in the export markets The Board of Directors of the company at its meeting held on December has decided to c...

Shkreli's KaloBios buys Chagas disease drug rights, shares soar

Friday, December 04, 2015

KaloBios Pharmaceuticals Inc which recently appointed controversial head of Turing Pharmaceuticals Martin Shkreli as CEO said it was acquiring worldwide rights to a compound being developed for the treatment of Chagas disease The companys shares ros...

Innovus Pharma signs exclusive license and distribution agreement with Bio Task for Malaysia

Friday, December 04, 2015

Innovus Pharmaceuticals Inc announced it has entered into an exclusive license and distribution agreement with Bio Task SND BHD a Malaysia company Bio Task Pursuant to the agreement Innovus Pharma granted to Bio Task an exclusive license to market an...

Novo Nordisk got $130M offer for NC drug plant

Friday, December 04, 2015

The megadeal that lured a Danish drug company to the state could exceed million according to documents obtained by The Associated Press highlighting the underreported scale of sweeteners local governments offer to employers The deal that steered ab...

Alexion's $550,000 bone drug too expensive for Britain

Thursday, December 03, 2015

A new drug to treat a rare inherited bone disorder from Alexion Pharmaceuticals ALXNO that costs more than a year for each patient has been deemed too expensive by Britains health cost watchdog NICE The case highlights the skyhigh price of some med...

Goldman Sachs invests US$20 Million in Ascletis

Thursday, December 03, 2015

Ascletis a Chinabased biotechnology company focused on innovative drug development announced today that Goldman Sachs completed a US million investment in the company So far Ascletis has completed two rounds of financing within the past two months Th...