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Novartis buys another 2.5 percent stake in Israel's Gamida Cell
Monday, October 12, 2015Swiss drugmaker Novartis will invest up to an extra million in Gamida Cell an Israeli developer of stem cell therapies Gamida said on Sunday Novartis last year invested million in the company for a percent stake in a deal that could reach millio...
FDA expands lung cancer approval for Bristol-Myers' drug
Saturday, October 10, 2015The US Food and Drug Administration on Friday expanded its approval of BristolMyers Squibb Cos immunotherapy drug Opdivo for patients with an additional form of advanced lung cancer The agency said Opdivo may now be used in patients with nonsquamous...
India's Cipla ties up with Serum Institute to sell vaccines in South Africa
Friday, October 09, 2015Cipla Ltd Indias fourthlargest drugmaker by sales said on Thursday it had agreed to an exclusive deal with Serum Institute of India to supply vaccines to South Africa adding a new market to their partnership in India and Europe Ciplas unit Cipla Med...
Neurocrine's neurological disorder drug effective in late-stage study
Friday, October 09, 2015Neurocrine Biosciences Incs experimental drug for tardive dyskinesia a neurological disorder was effective in a latestage study bringing it a step closer to becoming the first treatment to win US approval for the condition The drug developers shares...
J&J starts clinical trial of Ebola vaccine in Sierra Leone
Friday, October 09, 2015Johnson Johnson said it has begun a safety and immunogenicity clinical trial of a preventive Ebola vaccine regimen in Sierra Leone Trial recruitment is underway and the first volunteers have received their initial vaccine dose the company said in a...
Sun Pharma to focus on speciality products in US
Thursday, October 08, 2015Sun Pharmaceuticals aims to enhance its presence in specialty product segment in the US US market contributes about percent of the companys consolidated revenue and throughout the last year it has ramped up its focus on ophthalmology and dermatolog...
Peru has 10 years grace on new pharma rules under TPP
Thursday, October 08, 2015A Pacific trade deal gives Peru years grace before it has to implement new legislation giving five years of data exclusivity to the makers of nextgeneration biologic drugs Peruvian Trade and Tourism Minister Magali Silva said Peru was among countr...
US FDA grants Orphan Drug status to Astex Pharma's guadecitabine to treat AML
Thursday, October 08, 2015Astex Pharmaceuticals a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics announced that its novel hypomethylating agent guadecitabine SGI has been granted an orphan drug designation by the US FDA...
AmerisourceBergen to buy PharMEDium for $2.58 billion
Wednesday, October 07, 2015Drug distributor AmerisourceBergen Corp agreed to buy PharMEDium Healthcare Holdings Inc for billion from private equity firm Clayton Dubilier Rice expanding its business of supplying compounded drugs to hospitals Compounding is a process in which...
Express Scripts sees $750 million in spending on new cholesterol drugs
Wednesday, October 07, 2015Express Scripts Holding Co the largest manager of prescription drug plans for US employers and health plans said it has reached deals to cover two costly new cholesterol drugs and expects to spend no more than million on them next year The injected...
