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Biovista Inc. announces Drug Repositioning Collaboration with Astellas Pharma
Thursday, December 03, 2015Biovista announced today that it has entered into a drug repositioning collaboration with Astellas Pharma Inc The collaboration is focused on identifying new indications for a number of undisclosed Astellas compounds using Biovistas Clinical Outcome...
Charterhouse weighs $637 million sale of Italian drug firm Doc Generici
Thursday, December 03, 2015European buyout firm Charterhouse CHCAPUL has hired Londonbased LEK Consulting to provide strategic advice to the Italian generic drugs company Doc Generici which could lead to a sale next year sources familiar with the matter said Charterhouse want...
Daiichi Sankyo to close its research subsidiary, U3 Pharma GmbH
Wednesday, December 02, 2015Daiichi Sankyo Company Limited announced its decision to close its research subsidiary U Pharma GmbH Munich Germany U Daiichi Sankyo intends to strengthen its global research and development capabilities by increasing efficiency and streamlining pro...
Meda sells Euromed in Spain for EUR 82 mln
Wednesday, December 02, 2015Meda AB says divests manufacturing unit Euromed in Spain Says total consideration is EUR million in upfront cash for shares of Euromed Says unit generates sales of around EUR million and an ebitda margin of around percent on an annual basis Say...
Aurobindo Pharma gets US Regulator's Nod for Osteoporosis Drug
Wednesday, December 02, 2015Aurobindo Pharma on Tuesday said it has received final approval from the US Food and Drug Administration FDA to manufacture and market a generic version of risedronate sodium tablets used in the treatment of osteoporosis in the American market The c...
Remedy Pharmaceuticals completes $9 Million Financing
Wednesday, December 02, 2015Remedy Pharmaceuticals a clinical stage pharmaceutical company focused on the development and commercialization of an innovative drug CIRARA announced today that it completed a million financing The round was led by several new investors and include...
Israel's Oramed Pharmaceuticals signed $50 mln China licensing, investment deal with Hefei
Tuesday, December 01, 2015Israeli drug developer Oramed Pharmaceuticals said on Monday it signed a licensing and investment deal worth over million with Chinas Hefei Life Science Technology Park Investments and Development Co Under the deal Hefei partly owned by Sinopharm...
FDA approves new Bristol-Myers treatment for multiple myeloma
Tuesday, December 01, 2015The US Food and Drug Administration said on Monday it had approved a drug to be sold by BristolMyers Squibb Co as a treatment for a form of blood cancer The FDA said it approved the treatment Empliciti to be used in multiple myeloma patients in comb...
Sosei Subsidiary Heptares Therapeutics signs drug discovery deal with Pfizer
Tuesday, December 01, 2015Heptares Therapeutics a clinicalstage GPCR structureguided drug discovery and development unit of Sosei Group Corp SOLTF announced Monday that it has entered into a strategic drug discovery collaboration with Pfizer Inc PFE The deal is to research a...
Roche pulls out of 'superbug' antibiotic project
Monday, November 30, 2015Swiss drugmaker Roche Holding has dropped out of a highprofile project to develop an antibiotic for treating superbug infections the company said on Sunday Roche had agreed in to pay privately held partner Polyphor up to million Swiss francs mill...
