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Amgen, Allergan say Avastin copycat succeeds in lung cancer study
Thursday, September 24, 2015Amgen Inc and Allergan Plc said a latestage study showed their biosimilar candidate for a type of lung cancer was as effective as Roche AGs Avastin in preventing disease progression and improving survival Avastin is Roches bestselling cancer drug ra...
Sun Pharma against use of its drug for lethal injection in US
Thursday, September 24, 2015Drug major Sun Pharmaceutical Industries today said it is against the usage of its products as lethal injections amid reports that one of its products is among the three purchased by State of Arkansas in the US for executions In order to ensure that...
Drug firm Pfizer to sell Thane plant to Vidhi Research for Rs 178-crore
Thursday, September 24, 2015Drug firm Pfizer today said it has entered into a business transfer agreement to sell its Thane plant as a going concern to Vidhi Research and Development LLP for Rs crore In a BSE filing Pfizer said It has entered into a Business Transfer Agreemen...
Drug maker Novo Nordisk to build $78 million manufacturing plant in Iran
Wednesday, September 23, 2015Danish drug maker Novo Nordisk will invest million euros million to build a manufacturing plant in Iran joining a small group of European companies to announce concrete deals there since the Islamic Republic reached a nuclear deal in July Novo Nor...
Dublin-based Venn Life Sciences to acquire Kinesis Pharma for €6.5 million
Wednesday, September 23, 2015Dublinbased clinical research group Venn Life Sciences is to acquire Kinesis Pharma for a total consideration of up to million The company aims to raise million through a placing of shares to part fund the acquisition of Netherlandsbased Kinesis P...
U.S. drugmaker Turing Pharmaceuticals to roll back 5,000 percent price hike
Wednesday, September 23, 2015Turing Pharmaceuticals a small company that generated outrage over raising the cost of an old antiinfective drug by more than percent said on Tuesday it would roll back that increase to make sure it remains affordable Turing and its Chief Executive...
IDT Biologika launches U.S. Manufacturing Operations with opening of Rockville facility for vaccine development manufacturing
Wednesday, September 23, 2015IDT Biologika announced the dedication of its first US vaccine manufacturing facility in Rockville Maryland The stateoftheart facility provides the translational bridge between preclinical development and phase II clinical trials with endtoend capabi...
ANI Pharmaceuticals to acquire Two NDAs from Merck for $75 Million
Tuesday, September 22, 2015ANI Pharmaceuticals Inc announced that it has agreed to acquire the NDAs for purified corticotropin gel and corticotropin zinc hydroxide from Merck known as MSD outside of the United States and Canada for million in cash and a percentage of future n...
BioClinica acquires Synowledge
Tuesday, September 22, 2015BioClinica Inc a specialty clinical trials services and technology provider today announced that it has acquired Synowledge to expand its offering into the growing drug safety and regulatory business process outsourcing market Headquartered in Miami...
India’s Sun Pharma sells two of Ranbaxy’s CNS units to Strides Arcolab Ltd for $25 million
Monday, September 21, 2015Sun Pharmaceutical Industries Ltd Indias largest drug maker has entered into a definitive agreement with Strides Arcolab Ltd to sell the erstwhile Ranbaxys marketing divisions Solus and Solus Care operating in the central nervous system CNS segment i...
