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Cell therapy gets a boost as ReNeuron raises $105 million
Saturday, July 11, 2015The drug research field of cell therapy received a boost on Friday when British biotech company ReNeuron raised million pounds million to help fund its work into stroke blindness and cancer ReNeuron which has been toiling away at developing stem c...
U.S. House passes 'C21st Cures' bill to speed new drugs to market
Saturday, July 11, 2015The US House of Representatives on Friday passed a sweeping bill to speed new drugs to the market after lawmakers defeated lastminute amendments that threatened to derail it The House voted to in favor of the st Century Cures Act which would requi...
FDA strengthens warning label for certain anti-inflammatory drugs
Saturday, July 11, 2015The US food and Drug Administration said it was strengthening an existing warning label that nonaspirin nonsteroidal antiinflammatory drugs NSAIDs increase the chance of a heart attack or stroke NSAIDs are used to treat pain and fever from medical c...
Meihua's unit to sell 51 pct stake in pharma firm for 337 mln yuan
Friday, July 10, 2015Meihua Holdings Group Co Ltd Says unit signs agreement to sell percent stake in pharma firm for million yuan million reuterscom
Aurobindo Pharma gets USFDA nod for Flecainide Acetate tablets
Friday, July 10, 2015Aurobindo Pharma has received final approval from the US Food and Drug Administration to produce and sell Flecainide Acetate Tablets used for regulating heart rate in the American market Aurobindo Pharma is pleased to announce that the company has...
AstraZeneca divests gastrointestinal drug for $215 million
Thursday, July 09, 2015AstraZeneca struck a further externalization deal on Thursday to help fill its shortterm revenue gap by divesting its gastrointestinal drug Entocort for million The British drugmaker which has high hopes for its new drug pipeline but faces declinin...
Sanofi, Regeneron say Japan study shows Praluent drug lowers cholesterol
Thursday, July 09, 2015French drugmaker Sanofi and US partner Regeneron said the results of a latestage study of their Praluent injection in Japan showed the drug reduced bad cholesterol among patients by an average percent The trial involved Japanese patients who had o...
Biotech Clovis Oncology raising $275 million for new cancer drugs
Thursday, July 09, 2015Clovis Oncology is selling million in new stock to raise money for research and the possible commercialization of two cancer drugs as well as the possible acquisition of other promising medicines to develop The Boulderbased drug research companys l...
Ireland's Horizon Pharma goes hostile with $3 billion offer for Depomed
Wednesday, July 08, 2015Irelandbased Horizon Pharma Plc offered to buy Depomed Inc DEPOO in a billion deal taking its bid hostile after the smaller drugmaker refused to engage in talks Depomed shares touched a record high of but were still trading below Horizons offer pr...
Irish pharma group Nexvet signs R&D pet drug deal
Wednesday, July 08, 2015Nexvet Biopharma the listed Irish group developing cutting edge therapies for domestic pets has signed an RD deal with Japanese animal health group Zenoaq The companies are looking to capitalise on a growing market for therapies for companion animla...
