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Cardinal to buy private generic drug distributor for $1.12 billion
Friday, June 05, 2015Cardinal Health Inc CAHN said it would buy privately held drug distributor Harvard Drug Group for billion Cardinal said it expects the deal to add more than cents per share to adjusted earnings from continuing operations in and cents per share i...
Amazon, Google race to get your DNA into the cloud
Friday, June 05, 2015Amazoncom is in a race against Google Inc to store data on human DNA seeking both bragging rights in helping scientists make new medical discoveries and market share in a business that may be worth billion a year by Academic institutions and healt...
PillPack raises $50 mln to take on US pharmacies like CVS, Rite-Aid, Walgreens
Thursday, June 04, 2015Medicationsbymail company PillPack said it had raised million in funding underscoring the continuing appeal of healthcare companies to venture capital backers PillPack is taking on established US pharmacies such as CVS RiteAid and Walgreens betting...
Shanxi C&Y Pharmaceutical gets regulatory approval for private placement
Thursday, June 04, 2015Shanxi CY Pharmaceutical Group Co Ltd Says gets securities regulators approval to issue shares in private placement reuterscom
Dutch biotech group Kiadis Pharma to float in Amsterdam, Brussels for funding research
Thursday, June 04, 2015Dutch biotech group Kiadis Pharma which specialises in treatments for blood cancers and inherited blood disorders said on Wednesday it planned to list its shares on the Amsterdam and Brussels stock exchanges to raise funds for research The group is...
Lannett Completes acquisition of Silarx Pharmaceuticals, Inc.
Wednesday, June 03, 2015Lannett Company Inc announced that it has completed the acquisition of privately held Silarx Pharmaceuticals Inc and a related real estate entity together Silarx a manufacturer and marketer of liquid generic pharmaceutical products As previously anno...
NovaMedica and Ferring Pharmaceuticals bring Innovative Gastroenterological Products from Switzerland to Russia
Wednesday, June 03, 2015NovaMedica a Russian pharmaceutical company and Ferring Pharmaceuticals a Swissbased global biopharmaceutical company have signed an agreement that gives NovaMedica the rights for commercialization of a range of Ferrings line of innovative gastroente...
AmerisourceBergen invests $39.3 Million to establish Distribution Hub in Newburgh, New York
Wednesday, June 03, 2015AmerisourceBergen one of the largest pharmaceutical sourcing and distribution services companies will invest million to build a stateoftheart distribution center in Newburgh New York The company plans to create new jobs The Newburgh facility joins...
India's Lupin, Cipla bid for UCB's US generic drugs portfolio
Tuesday, June 02, 2015Indian generic drugmakers Lupin Ltd and Cipla Ltd are among the companies bidding for top Belgian drugmaker UCB SAs US generic drugs business Bloomberg reported on Monday citing unnamed people with knowledge of the matter Lupin and Cipla which rank...
Recipharm signs partnership agreement on pharmaceutical development with Follicum
Tuesday, June 02, 2015Recipharm signs partnership agreement on pharmaceutical development with Follicum Agreement concerns preparation for a clinical trial of drug candidate FOL Says product is expected to be ready at end of year in time for launch of clinical study Ha...
