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Aurobindo divests Australian arm to Eris Pharma
Friday, April 10, 2015Firm says unit was not contributing to its profits Aurobindo Pharma has divested stake in its Australian subsidiary to Eris Pharma for an undisclosed amount to focus on the US European and emerging markets The unit was not contributing any profit t...
Inovio Pharma to develop Ebola treatment backed by Defense Advanced Research Projects Agency
Thursday, April 09, 2015The Defense Advanced Research Projects Agency DARPA awards a twoyear M grant to a collaborative team led by Inovio Pharmaceuticals NASDAQINO to develop multiple treatment and prevention regimens against Ebola Other members include GeneOne Life Scienc...
Portola Pharmaceuticals to file for FDA approval of the blood-thinning drug andexanet alfa in 2015
Thursday, April 09, 2015Portola Pharmaceuticals Inc took an important step toward its first drug approval with its experimental antidote for bloodthinning drugs passing a key clinical study according to early results The South San Franciscobased company NASDAQ PTLA led by C...
Tonghua Dongbao Pharma to invest 367.2 mln yuan in insulin project
Thursday, April 09, 2015Says plans to invest million yuan million in insulin project reuterscom
Cabinet Committee on Economic Affairs nod to over Rs 4,000 cr foreign investment in 2 pharma cos
Wednesday, April 08, 2015The Cabinet Committee on Economic Affairs on Tuesday approved two significant foreign investments in the pharmaceutical sector leading to investment worth Rs crore in Aurobindo Pharma and Glenmark Pharmaceuticals Aurobindo Pharma which is engaged i...
Tonghua Dongbao Pharma to invest 367.2 mln yuan in insulin project
Wednesday, April 08, 2015Tonghua Dongbao Pharmaceutical Co Ltd Says plans to invest million yuan million in insulin project reuterscom
UAE drug distributor building a $20M plant in Dubai
Wednesday, April 08, 2015Both domestic and Western drugmakers have decided the time is right to have production in the Middle East a market with growing demand that has been short on local drug manufacturing Now a distributor established there is jumping into the manufacturi...
Bristol-Myers invests in Dutch Company uniQure to co-develop gene-therapy medicines
Tuesday, April 07, 2015BristolMyers Squibb Co agreed to invest in and codevelop genetherapy medicines with the Dutch company uniQure NV reflecting surging interest among major pharmaceutical companies in the treatment strategy Under the agreement BristolMyers will have ex...
Glenmark Pharmaceuticals gets USFDA nod for post-menopause osteoporosis drug
Tuesday, April 07, 2015Glenmark Pharmaceuticals today said it has received the final approval from the United States Food and Drug Administration USFDA for sale of drugs meant to prevent postmenopause osteoporosis The approval for sale of Norethindrone Acetate and Ethinyl...
Ireland's Health Minister Leo Varadkar gives deadline to pharmaceutical companies to reduce prices
Monday, April 06, 2015The Health Minister Leo Varadkar has given a deadline to pharmaceutical companies to lower the prices they charge the state In an interview with the Sunday Business Post the Minister said drug manufacturers will have to agree to cut their prices by...
