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Lupin buys U.S. generics firm Gavis for $880 million
Thursday, July 23, 2015Lupin Ltd Indias fourthlargest drugmaker by sales said it had agreed to buy privatelyheld generics company Gavis for million to strengthen its presence in its largest market the United States The deal which is cashfree and debtfree widens the compa...
Novavax's Ebola vaccine shows promise in early-stage trial
Wednesday, July 22, 2015Novavax Inc said its experimental Ebola vaccine induced a substantial immune response to the deadly infection in an earlystage trial involving healthy adults The Ebola GP Vaccine was well tolerated and elicited very high Ebola antibody responses at...
India's Sun Pharma heads towards biggest ever fall on sales warning
Tuesday, July 21, 2015Indias Sun Pharmaceutical Industries shares slumped percent on Tuesday heading towards their biggest ever fall in a day after the drugmakers warning that sales would be flat at best due to costs related to remediation work at its plants Analysts e...
Erytech Pharma announces positive safety review for ERY-ASP
Tuesday, July 21, 2015Erytech Pharma SA announces positive safety review for ERYASP in its phase study in pancreatic cancer DSMB recommends continuation of enrollment in phase II pancreatic cancer study after safety review of first patients treated Says results of t...
Bristol-Myers' Opdivo found effective in kidney cancer
Tuesday, July 21, 2015BristolMyers Squibb Co said a latestage trial of its drug Opdivo was stopped early after the immunotherapy was found to be effective in patients with the most common form of kidney cancer The US drugmaker said on Monday the study Checkmate was stopp...
Torrent Pharma completes Zyg Pharma acquisition
Monday, July 20, 2015Drug firm Torrent Pharmaceuticals today said that it has completed acquisition of Encore Group firm Zyg Pharma Pvt Ltd The company on May said that it has signed a share purchase agreement to acquire per cent stake in Zyg Pharma a company engaged...
Valeant Pharmaceuticals agrees to acquire Egypt’s Amoun Pharmaceutical
Saturday, July 18, 2015Valeant Pharmaceuticals International Inc today announced that it has entered into a definitive agreement under which Valeant will acquire Mercury Cayman Holdings the holding company of Amoun Pharmaceutical for consideration of approximately US milli...
Albany Molecular Research Inc (AMRI) acquires Spanish drug development group, Gadea Pharmaceutical for $174 million
Friday, July 17, 2015Albany Molecular Research Inc announced that it has acquired a private drug development company in Spain for million The Albany New York drug development company acquired Gadea Pharmaceutical Group which develops active pharmaceutical ingredients...
Canada-based Apotex Inc recalls about 92,000 bottles of hypertension drug in US
Friday, July 17, 2015Canada based drug firm Apotex Inc is recalling bottles of Losartan potassium tablets in the US that were made by the companys Indian arm Apotex Research Pvt Ltd As per information on the US Food and Drug Administration USFDA website Apotex Inc is r...
Malin announces $80 million investment in UK-based Immunocore
Thursday, July 16, 2015Malin Corporation plc an Irishbased global life sciences company today announces it has invested million in Immunocore Limited Immunocore a worldleading biotechnology company developing novel T cell receptor TCR based therapies with the potential to...
