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Valeant said to have planned Philidor expansion before shutdown
Wednesday, November 04, 2015Weeks before Valeant Pharmaceuticals International Inc said it would cut ties with Philidor Rx Services the drugmaker was planning to expand its use of the mailorder pharmacy said three people familiar with the matter Philidor was on the brink of be...
Pharma Giant Shire to acquire Dyax for Up to $6.5 Billion
Wednesday, November 04, 2015Shire PLC has struck an allcash deal valued at as much as billion for US biotech Dyax Corp demonstrating the companys unwavering focus on midsize acquisitions even as it chases a billion deal for raredisease rival Baxalta Inc The Londonlisted phar...
Sun Pharma completes acquisition of InSite Vision
Tuesday, November 03, 2015Drug major Sun Pharmaceutical Industries today said it has completed acquisition of the USbased eyecare firm InSite Vision The acquisition was completed by means of a shortform merger under the Delaware law Sun Pharma said in a statement Post merge...
South Africa Asked to allow Generics for AbbVie HIV Drug
Tuesday, November 03, 2015South Africas government is looking into a recommendation by medical charity Medecins Sans Frontieres to allow generic versions of HIV drug Lopinavir after shortages resulted in interruptions to some treatments in the country with the highest number...
Miami International Airport (MIA) launches pharmaceutical transport certification program
Tuesday, November 03, 2015Miami International Airport already a major hub for pharmaceutical imports and exports is the first US airport to partner with the International Air Transport Associations global certification program for handling and shipping pharmaceutical products...
Livzon Pharma plans to raise up to 1.46 bln yuan in share private placement
Tuesday, November 03, 2015Livzon Pharmaceutical Group Inc Says plans to raise up to billion yuan million in private placement of Ashares to fund projects replenish capital and repay bank loans Says A Hshares to resume trading on November reuter
Zoetis to buy aquaculture pharma company for $765 million
Tuesday, November 03, 2015Animal health company Zoetis Inc ZTSN said it agreed to buy Pharmaq a pharmaceutical company catering to the aquaculture industry for million Pharmaq with revenue of about million in is considered a market leader in sales of vaccines for farmed f...
Bristol-Myers Squibb to acquire Cardioxyl Pharma in deal worth around $2 Bln
Tuesday, November 03, 2015BristolMyers Squibb Co BMY and private biotechnology company Cardioxyl Pharmaceuticals Inc Monday announced a definitive agreement by which BristolMyers Squibb will acquire Cardioxyl focused on innovative drugs for treatment of cardiovascular disease...
Pharma pricing authority NPPA puts cap on 18 formulations packs’ prices
Monday, November 02, 2015Pharma pricing authority NPPA has capped prices of formulations packs including anti diabetic Metformin HCl tablets antibacterial Ceftriaxone Sodium injection packs and devices among others Prices have also been fixedrevised for hormone releasing I...
Hikma Pharmaceuticals cuts full-year generics revenue forecast
Monday, November 02, 2015Drugmaker Hikma Pharmaceuticals Plc said trading in its generics unit was below its expectations due to slowerthananticipated growth in the sales of its gout drug and cut its fullyear revenue forecast for the unit Hikma now expects revenue in the ge...
