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GSK, Pfizer, Lilly, Johnson & Johnson, Biogen group backs $100 mln UK-led Dementia Research fund
Wednesday, March 18, 2015A group of large drug companies has backed a new UKled venture capital fund dedicated to dementia research GlaxoSmithKline Pfizer Johnson Johnson Lilly and Biogen have all committed to invest in the fund alongside charity Alzheimers Research UK Th...
Daiichi Sankyo facilitates drug discovery project for 2015 through collaborative research
Wednesday, March 18, 2015Daiichi Sankyo Company Limited a global pharmaceutical company announced its TaNeDS Take a New challenge for Drug diScovery collaborative drug discovery project for The company will select research partners for the project from among researchers bas...
Valeant Pharmaceutical trumps Endo with $10.96 billion bid for Salix Pharma
Tuesday, March 17, 2015Valeant Pharmaceuticals International Inc increased its offer for Salix Pharmaceuticals Inc to billion in cash on Monday eclipsing Endo International Plc the only other bidder The maker of gastrointestinal drugs has agreed to Valeants new offer of...
TWi Pharmaceuticals announces the first shipment of its generic product in the U.S. market
Tuesday, March 17, 2015TWi Pharmaceuticals Inc announced today that its whollyowned subsidiary TWi Pharmaceuticals USA shipped the first generic product in its own label on March This makes TWi the first Taiwanese pharmaceutical company to directly sell generic pharmaceu...
Amgen and Sanofi sponsored studies identify new class of drugs known to lower cholesterol and reduce risk of heart attacks
Monday, March 16, 2015Studies are likely to fuel increased interest in the new drug class Researchers reported the first evidence that a new class of drugs known to dramatically lower cholesterol may also reduce risk of heart attacks strokes and other serious consequence...
Healthcare investment firm Quadria Capital invests in Indonesian pharma co SOHO
Monday, March 16, 2015Indonesian pharmaceutical products company PT SOHO Global Health SOHO has received funding from Asian healthcare investment firm Quadria Capital The firms first private equity investment in Indonesia is aimed to increase access to differentiated medi...
Japan's pharma market to reach $80 billion in value by 2020
Monday, March 16, 2015Japans pharmaceutical market value is set to grow at a tepid Compound Annual Growth Rate CAGR of percent from billion in to reach billion by driven by new product launches and the healthcare burden of the countrys aging population according to r...
Tampa pharmaceutical manufacturer Xcelience expands, adds 100 jobs
Saturday, March 14, 2015Pharmaceutical manufacturer Xcelience is expanding its Tampa headquarters creating jobs while pledging to keep current ones Xcelience committed to invest million as it expands both its manufacturing operations and pharmaceutical development labs...
Uncertainty Weighs on Endo's Higher Bid for Salix Pharmaceuticals
Friday, March 13, 2015Endo International leapt over Valeant Pharmaceuticals deal to buy Salix Pharmaceuticals on Wednesday by offering about billion more than the billion that was already agreed to But while Endos offer of about a share easily beats Valeants offer of...
In Big Shift, 23andMe Will Invent Drugs Using Customer Data
Friday, March 13, 2015andMe the Google GOOGL backed personal genetics startup will no longer just sell tests to consumers or genetic data to pharmaceutical companies This morning it announced that it plans to start inventing medicines itself Its not just talk The company...
