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Strides Arcolab to buy generic drugs business from Australia's Aspen Pharmacare
Friday, May 22, 2015Indian drugmaker Strides Arcolab Ltd said on Thursday it has agreed to buy a generic drugs business in Australia from South Africas Aspen Pharmacare Holdings Ltd for about A million million Strides said it will also buy some branded drugs as part o...
Novartis says lung disease drug studies show positive results
Thursday, May 21, 2015Novartis says it saw positive results from two Phase III clinical trial programs for QVA and NVA in patients with moderatetosevere chronic obstructive pulmonary disease COPD The Swiss drugmaker said data demonstrated QVA administered twicedaily impr...
Gilead patents on costly hepatitis C drug challenged in five countries
Thursday, May 21, 2015A US group is trying to block patents in five countries for Gilead Sciences Incs costly hepatitis C drug Sovaldi in a bid to give almost million afflicted people access to cheaper generic versions In Argentina Brazil China Russia and Ukraine challe...
Novo Nordisk, Baxter clash over hemophilia drug patent
Thursday, May 21, 2015Novo Nordisk on Wednesday rejected claims by Baxter International that its drug used substances developed by the US rival following the launch this week of a US investigation into possible patent infringement Baxter said in March Novo Nordisks newly...
Vaccine-maker Medicago invests $245-million for building production complex in Quebec
Wednesday, May 20, 2015Vaccinemaker Medicago says its building a million production complex in Quebec City where it already has its head office and laboratories The company says it has received financial support from all three levels of government including a million lo...
Achillion Pharmaceuticals partners with Johnson & Johnson to develop hepatitis C drugs
Wednesday, May 20, 2015Achillion Pharmaceuticals Inc said it will collaborate with Johnson Johnson to develop and market its hepatitis C drugs including an oral regimen that could work on all genotypes and shorten treatment time Achillion will be eligible for milestone p...
China's Livzon Pharma to form JV with US biotech firm Cynvenio in China
Wednesday, May 20, 2015Says signs agreement to invest million to subscribe to US firm Cynvenios series B preferred stock Says signs framework agreement with Cynvenio to firm a JV in China with registered capital million yuan million reuterscom
Biotech group Ablynx to raise 100 mln euros from convertible bonds for research pipeline
Wednesday, May 20, 2015Belgian biotech Ablynx on Wednesday said it would raise million euros million through an issue of convertible bonds to fund its research pipeline and further tests of its experimental drugs Ablynx said the bonds would have an annual coupon of betw...
Amgen cholesterol drug could get EU green light this week
Wednesday, May 20, 2015Amgens new cholesterol drug Repatha could be recommended for approval in Europe as early as this week putting it ahead in a race with a rival product from Sanofi Amgens new cholesterol drug Repatha could be recommended for approval in Europe as earl...
U.S. FDA approves longer-acting version of J&J's schizophrenia drug, Invega Trinza
Wednesday, May 20, 2015The US Food and Drug Administration approved a longeracting version of Johnson Johnsons schizophrenia treatment developed by the companys Janssen Pharmaceuticals unit The FDA approved the drug Invega Trinza to be administered just four times a year...
