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Foreign Investment Promotion Board (FIPB) clears Mylan's Rs 4,960-crore FDI proposal
Friday, August 14, 2015Foreign Investment Promotion Board FIPB today cleared FDI proposal of Mylan Laboratories entailing a capital inflow of Rs crore Based on the recommendations of FIPB meeting held on July Mylan Laboratories Ltds proposal for Rs crore FDI has been...
AbbVie to seek FDA approval for leukemia drug after trial success
Thursday, August 13, 2015AbbVie Inc on Wednesday said its experimental treatment for a form of leukemia associated with a gene mutation met its primary goal in a midstage trial and that the company would seek US approval of the medicine which analysts have said has blockbust...
Roche acquires GeneWEAVE to strengthen offerings in microbiology diagnostics
Thursday, August 13, 2015Roche today announced that it has signed a definitive agreement to acquire GeneWEAVE BioSciences Inc GeneWEAVE a privately held company focused on innovative clinical microbiology diagnostics solutions based in Los Gatos CA USA Under the terms of the...
GSK closes North Carolina plant after Legionnaires' bacteria found
Wednesday, August 12, 2015Drugmaker GlaxoSmithKline closed its North Carolina factory on Tuesday after testing at a cooling tower found bacteria that causes deadly Legionnaires disease a company spokeswoman said The Legionella bacteria was discovered during routine inspectio...
Tonghua Golden-Horse Pharma to acquire pharma firm Sanctity for 2.3 bln yuan
Wednesday, August 12, 2015Tonghua Goldenhorse Pharmaceutical Industry Co Ltd Says plans to acquire pharma firm Sanctity for billion yuan million via cash share issue reuterscom
Oxford Pharmascience to start pilot clinical study for Oxpzero Ibuprofen
Wednesday, August 12, 2015Oxford Pharmascience Group Plc Preliminary pharmacokinetic data and initiation of pilot clinical study to demonstrate improved GI profile for oxpzero ibuprofen Company has commenced dosing in second phase of study Headline results on second phase a...
Sanofi teams up with Evotec, Apeiron to develop immuno-oncology pills
Tuesday, August 11, 2015Sanofi is teaming up with Germanys Evotec and Austrian biotech firm Apeiron Biologics to develop a new type of immune systemboosting cancer medicine that could be given as tablets to fight both solid tumours and blood cancers The French drugmaker sa...
Medpace Continues to Grow in Europe with Expanded Facilities in Stirling, United Kingdom
Tuesday, August 11, 2015Medpace Inc has announced the relocation of its existing office in StirlingScotland in the United Kingdom The new office is roughly three times the size of the former facility allowing for significant growth in Data Management Bio Statistics Quality...
Mallinckrodt buys immunotherapy maker Therakos in $1.33 billion deal
Tuesday, August 11, 2015Drugmaker Mallinckrodt Plc agreed to buy immunotherapy company Therakos Inc in a billion deal its second major acquisition this year to bolster its presence in hospitals Therakoss flagship system is used to treat symptoms associated with a common f...
AstraZeneca bolsters cancer drug pipeline with Inovio cancer drug deal
Monday, August 10, 2015AstraZeneca has clinched its third deal in less than a week to bolster its strategically important cancer drug pipeline by signing up rights to an experimental immune systemboosting medicine from Inovio Pharmaceuticals Inovio will get million upfro...
