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Dr Reddy's partners with Spain's Ferrer Internacional SA to launch Somazina in India
Friday, May 15, 2015Hyderabadbased firm has partnered with Spains Ferrer Internacional SA to make Somazina available in India Dr Reddys Laboratories Ltd said in a statement Dr Reddys Laboratories today launched Somazina a drug used to treat patients who have suffered f...
Pharma Major Lupin acquires Brazilian drug firm Medquimica
Thursday, May 14, 2015Drug major Lupin announced acquisition of Brazils Medquimica Industria Farmaceutica SA marking its foray into the Latin American nation The company has acquired per cent equity stake in Medquimica Industria Farmaceutica subject to certain closing c...
Paragon BioTeck enters Promotional Agreement to Expand Availability of ilast® Portfolio of Products
Thursday, May 14, 2015Paragon BioTeck Inc a privatelyheld pharmaceutical and medical device company announced today that it has entered into a multiyear agreement with global healthcare supplier Perrigo Company plc to promote the ilast range of products for eyelid hygiene...
Perrigo to acquire Patheon’s Mexican Business for $34 Million
Wednesday, May 13, 2015Perrigo Co in the midst of a threeway takeover tussle said Tuesday that it has agreed to buy the Mexican operations of Patheon for million in cash Perrigo Chief Executive Joseph C Papa said the deal will give Perrigo manufacturing technology for so...
Merck receives FDA Fast Track Designation for Evofosfamide
Wednesday, May 13, 2015Merck announced that the US Food and Drug Administration has granted Fast Track designation for the development of evofosfamide previously known as TH administered in combination with gemcitabine for the treatment of previously untreated patients wit...
SPARC to raise Rs 250 crore through rights issue
Wednesday, May 13, 2015Drug discovery firm Sun Pharma Advanced Research Company SPARC plans to raise up to Rs crore through a rights issue The Board of Directors of the Company at its meeting held on May authorised the further issuance of equity shares of Re each of t...
India's Zydus aims to develop drug for fatty liver disease
Wednesday, May 13, 2015Ahmedabadbased pharma major Zydus Cadila which is planning to develop a medicine for patients suffering from fatty liver disease is making a presentation on its novel drug Lipaglyn at the American Association of Clinical Endocrinologists AACE th Annu...
Japan-based Takeda readies strategic investment in Israel
Wednesday, May 13, 2015Japanbased Takeda Pharmaceuticals the largest pharmaceutical company in Asia is increasing efforts for strategic investments in Israel through Takeda Venture Investments TVI its Silicon Valleybased venture fund I think theres a unique set of conditi...
Baxter to buy Leukemia Treatment Oncaspar for $900 Million
Wednesday, May 13, 2015Baxter International Inc on Tuesday said it agreed to buy the Oncaspar leukemia treatment from Italys SigmaTau Finanziaria SpA for million in a move to capitalize on the fastgrowing oncology market The acquisition will be a key part of the oncology...
Endo International plc in $130M deal with South African pharmaceutical company, Aspen Holdings
Tuesday, May 12, 2015Endo International has acquired a group of branded and generic drugs from the subsidiary of a publicly traded South African pharmaceutical company Under the terms of the deal Endo will pay Aspen Holdings million for the portfolio of products some...
