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Lannett Company to acquire Privately Held Silarx Pharma
Tuesday, May 19, 2015Lannett Company Inc said it has signed a definitive agreement to acquire privately held Silarx Pharmaceuticals Inc and a related real estate entity a manufacturer and marketer of liquid generic pharmaceutical products The transaction is expected to...
AstraZeneca to invest $285 million in Swedish biotech drug factory
Tuesday, May 19, 2015AstraZeneca is investing million to expand biotech drug manufacturing in Sweden as the company bets on the future of hightech medicine for future growth The new facility for biological medicines in Sodertalje will supply medicines for clinical tria...
Moberg Pharma's partner Menarini Asia-Pacific launches Kerasal Nail in China
Tuesday, May 19, 2015Moberg Pharmas partner launches Kerasal Nail in China Sees Moberg Pharmas distribution agreement with Menarini Group a top global pharmaceutical company includes Italy China and eight countries in Southeast Asia Preparations are ongoing in ot...
Boehringer Ingelheim buys Pharmaxis' Phase 1 Anti-inflammatory Drug Candidate
Monday, May 18, 2015Boehringer Ingelheim and pharmaceutical company Pharmaxis announced that Boehringer Ingelheim has exercised its option and acquired the investigational drug PXSA to develop it for the treatment of the liverrelated condition NASH and to prevent its co...
Endo agrees to buy rival drug maker Par Pharmaceutical for $8 billion
Monday, May 18, 2015Endo International PLC has agreed to buy Par Pharmaceutical Holdings Inc from privateequity firm TPG for about billion in cash and stock a deal that will help boost its generics business Par which TPG took private in for about billion has a portf...
NantWorks to acquire Cynviloq for over $1.2 Bln
Saturday, May 16, 2015Oncology company Sorrento Therapeutics Inc SRNE Friday said NantPharma agreed to acquire the rights to Cynviloq through the acquisition of Igdrasol Inc a whollyowned subsidiary of Sorrento Igdrasol has been developing Cynviloq paclitaxel nanopartic...
British company Circassia to acquire Sweden's asthma-focused firms Aerocrine, Prosonix for $377 million
Friday, May 15, 2015Circassia Pharmaceuticals a British company developing allergy therapies said on Friday it had agreed to buy Swedens Aerocrine and privately held Prosonix two companies focused on asthma Circassia will pay about million pounds million for Aerocrin...
Boulder-based pharmaceutical company, Nivalis Therapeutics files for IPO
Friday, May 15, 2015Nivalis Therapeutics a Boulderbased pharmaceutical company on Wednesday filed its plans for an initial public offering to continue its cystic fibrosis research and treatment development Nivalis Therapeutics formerly known as N Pharmaceuticals said i...
FDA approves Strides Arcolab's HIV treatment drug, Lamivudine and Zidovudine for US market
Friday, May 15, 2015Bangalorebased Strides Arcolab today said US health regulator has approved its drug used for treating HIV infection in adult and children for sale in US market The company in a statement said it has received approval from the United States Food Dru...
Africa’s largest generic drug maker, Aspen in talks to acquire baby-food business
Friday, May 15, 2015Aspen Pharmacare Holdings Ltd Africas largest genericdrug maker is in talks to buy a babyfood business to add to the companys nutrition unit two years after it bought licenses to sell Nestle SAs infant formula Aspen is currently engaged in discussio...