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Takeda Pharmaceutical Company opens new UAE office in Dubai
Monday, April 06, 2015Takeda UAE a unit of Japanbased Takeda Pharmaceutical Company has inaugurated its new UAE office located at Tecom IRise Tower Dubai amid ambitious expansion plans for the Middle East region Speaking at the inauguration ceremony Danilo Cassani Takeda...
Australian pharmaceutical industry calls for government bailout as exports slump more than 30 percent
Saturday, April 04, 2015Australias pharmaceuticals industry is calling for a government bailout as advocates claim billions of dollars are being lost to overseas markets and figures show exports have slumped by more than per cent since Advocates claimed the global market...
Covance and Sihuan Pharma partner on portfolio development
Thursday, April 02, 2015LabCorps Covance and Shandon XuanZhu a subsidiary of Chinese RD firm Sihuan Pharmaceutical have announced a partnership on preclinical and clinical portfolio development As part of the alliance Covance will support the global development of Sihuan P...
Merck Serono, MVV to develop potential antimalarial therapy
Thursday, April 02, 2015Merck Serono has signed an agreement with Medicines for Malaria Venture MMV to secure the rights to MMVs investigational antimalarial compound DDD DDD was developed as part of a collaboration between MMV and the University of Dundee Drug Discovery U...
BioCryst Pharmaceuticals awarded $35m contract to develop Ebola treatment
Thursday, April 02, 2015BioCryst Pharmaceuticals has received a m contract to continue developing BCX a drug that has shown early signs of fighting the Ebola virus BCX is an RNA dependentRNA polymerase inhibitor that has showed broadspectrum activity in vitro against more...
India's Ranbaxy hits record high before amalgamation with Sun Pharma
Wednesday, April 01, 2015Ranbaxy Laboratories Ltd rises as much as pct to hit an alltime high Trading in Ranbaxy shares will be suspended from April due to amalgamation with Sun Pharma Industries NSE Sun Pharmaceutical gains pct Morgan Stanley says Sun Pharma is prepa...
Masters Pharmaceutical to build enormous HQ, move 225 jobs
Tuesday, March 31, 2015Masters Pharmaceutical revealed today it plans to move its corporate headquarters from Forest Park to Mason where the fastgrowing firm intends to build a squarefoot office warehouse and distribution center on acres Total investment would approach...
High takeovers compared with negligible new projects in Indian pharma make centre review FDI policy
Monday, March 30, 2015Unabated takeovers of Indian drug companies and negligible investments in greenfield or new projects have prompted the Centre to relook the foreign direct investment FDI policy in the pharmaceutical sector It is examining if there is a need for impos...
Montreal-based Pharmacy Wholesale Services to construct $12-million pharmaceutical manufacturing plant in Sydney
Monday, March 30, 2015A Cape Breton businessman is looking to negotiate a sales contract with the province in exchange for the construction of a nearly million pharmaceutical plant in Sydney Parker Rudderham said his Montrealbased Pharmacy Wholesale Services Inc has purc...
Horizon Pharma to buy Hyperion Therapeutics for $955.7 million in cash
Monday, March 30, 2015Horizon Pharma PLC has agreed to purchase Hyperion Therapeutics for million in cash in a move to expand its drug portfolio by adding two treatments for a rare metabolic condition The offer of a share is a premium over Hyperions closing price of...
