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Endo completes $8 billion acquisition of Par Pharmaceutical Holdings
Tuesday, September 29, 2015Endo International completed its previously announced billion acquisition of Par Pharmaceutical Holdings Inc in a deal that positions Endo as one of the five largest generic drug companies based on annual sales in the United States Par of Woodcliff...
Valeant Plummets After Democrats Seek Subpoena on Drug Price Hikes
Tuesday, September 29, 2015Valeant Pharmaceuticals International Inc shares fell the most in four years after Democrats in the US House asked to subpoena the company for documents relating to drug price increases the latest move by politicians seeking to curb price hikes on dr...
Merck's once-weekly diabetes drug approved in Japan
Tuesday, September 29, 2015Merck CO said its Type diabetes drug had been approved in Japan marking the first approval for the onceweekly drug The drug omarigliptin belongs to the same class of drugs as Mercks bestseller Januvia which is to be taken once a day Both drugs are...
Sanofi wins EU approval for Praluent anti-cholesterol drug
Monday, September 28, 2015French drugmaker Sanofi said the European Commission had cleared its key cholesterol drug Praluent for the treatment of socalled bad cholesterol or lowdensity lipoprotein LDL cholesterol in certain adult patients with hypercholesterolemia The drug w...
Novo shares jump five percent after FDA approves new diabetes drug
Monday, September 28, 2015Shares in Novo Nordisk rose as much as percent on Monday after the US Food and Drug Administration FDA late on Friday approved the Danish drugmakers diabetes drug Tresiba two years after rejecting the longacting form of insulin The agency also appr...
FDA approves Bayer's electronic autoinjector for MS therapy
Saturday, September 26, 2015The first electronic automatic injector to deliver a drug for the most common form of multiple sclerosis received approval from the US Food and Drug Administration on Friday The injection delivers Betaseron a diseasemodifying drug approved years ag...
Bristol's Opdivo boosts kidney cancer survival beyond two years
Saturday, September 26, 2015BristolMyers Squibbs immunotherapy drug Opdivo extended kidney cancer survival rates by more than two years in a latestage trial setting it up to be used beyond melanoma and lung cancer The US company said in July the study was stopped early because...
U.S. appeals court upholds Shire's patents on hyperactivity drug
Friday, September 25, 2015A US appeals court has upheld drugmaker Shires patents for its topselling drug Vyvanse blocking five generic drug makers from launching cheaper versions of the drug to treat attention deficit hyperactivity before The US Federal Circuit Court of App...
Livzon Pharma plans industry fund, unit in alliance with Epirus Switzerland
Friday, September 25, 2015Livzon Pharmaceutical Group Inc says unit Livzon Mabpharm signs collaboration agreement with Switzerlands Epirus Switzerland Says plans to set up industry fund worth million yuan million with partner reuterscom
Merck KGaA, Pfizer collaborate with Dako on development of CDx for Avelumab
Friday, September 25, 2015As part of the global strategic alliance between Merck KGaA and Pfizer Inc to jointly develop and commercialize avelumab an investigational immune checkpoint inhibitor the companies have announced that they have a collaboration agreement in place wit...