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Newcastle-based Pharma company Shield Therapeutics set for £110m listing
Tuesday, September 08, 2015Newcastlebased pharmaceutical firm Shield Therapeutics plans to float on the London Stock Exchange next month in a listing expected to raise m Shield is the latest in a number of biotech companies that have listed in recent months taking advantage o...
Companies struggle to get new medicines adopted across Europe
Tuesday, September 08, 2015Pharmaceutical companies currently enjoying a bumper wave of new drug launches are struggling to get recently introduced products adopted in key European markets as governments bear down on costs While a number countries have pledged in recent years...
Pfizer's quit-smoking drug not linked to depression or heart risks
Monday, September 07, 2015Pfizers stopsmoking drug Chantix does not raise risks of heart attack or depression contrary to previous reports and should be recommended to more smokers wanting to quit scientists said on Monday In a study tracking smokers in England for months...
Natco Pharma gains on RBI approval to hike FIIs limit
Monday, September 07, 2015Natco Pharma was up at Rs on the BSE in early morning trade in otherwise subdued market after the Reserve Bank of India RBI approved hike in investment limit by overseas investors The RBI on Friday September notified that Foreign Institutional I...
Roche hemophilia drug wins fast-track FDA designation
Saturday, September 05, 2015Roche said on Friday it had won breakthrough therapy designation from the US Food and Drug Administration for an experimental hemophilia medicine aiming for a piece of the billion hemophilia drug market The Swiss drugmaker said its USbased Genentec...
India's Cipla to acquire US-based InvaGen, Exelan Pharma for $550 mln
Friday, September 04, 2015Cipla Ltd Indias fourthlargest drugmaker by sales said on Friday it has agreed to buy two generics businesses in the United States in an allcash deal worth million to get access to a wide range of products The companies to be acquired InvaGen Pharm...
Novo Nordisk invests DKK 500 million in a new raw material warehouse in Denmark
Friday, September 04, 2015Novo Nordisk just announced that the company is investing million Danish kroner in a new m warehouse in Hillerd Denmark The warehouse will handle all inbound raw materials for Novo Nordisks production in Denmark and will have a capacity of around...
Lannett to acquire UCB’s Kremers Urban Pharmaceuticals Unit for $1.23 Billion
Thursday, September 03, 2015Lannett Company Inc has agreed to buy UCB SA s Kremers Urban Pharmaceuticals Inc for billion The deal with tax benefits expected to top million also calls for potential contingency payments under sales and timing thresholds Lannett said it expects...
Valeant Pharmaceuticals agrees to acquire Synergetics USA
Thursday, September 03, 2015Valeant Pharmaceuticals International Inc agreed to acquire precision surgical devices supplier Synergetics USA Inc for at least million in a deal that aims to boost Bausch Lombs global presence in vitreoretinal surgery Shares of Missouribased Syn...
Novartis launches Neupogen copycat Zarxio in U.S. market
Thursday, September 03, 2015Novartis AG has launched the first biosimilar drug in the United States after a US appeals court declined on Wednesday to stop the sale of the companys copycat version of Amgen Incs blockbuster cancer drug Neupogen Novartis unit Sandoz said on Thurs...
