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Baxter's BioScience Business acquires Biopharmaceutical Company SuppreMol for EUR 200 million
Thursday, March 05, 2015Baxter International Inc and SuppreMol GmbH today announced that Baxter has acquired SuppreMol for EUR million approximately M USD before working capital and other adjustments SuppreMol is a privately held biopharmaceutical company based in Martinsr...
Ranbaxy loses approvals, exclusivity of two drugs in US
Wednesday, March 04, 2015Ranbaxy Laboratories tentative approvals for its generic versions of digestive disorder drug Nexium and antiviral Valcyte along with days marketing exclusivity stands canceled following a US court decision The DC Federal Court in the US has upheld t...
SPARC gets USFDA nod for its anti-epileptic drug ELEPSIA XR
Wednesday, March 04, 2015Sun Pharma Advanced Research Company has received approval from the US health regulator for its New Drug Application NDA for ELEPSIA XR tablets used for treatment of partial onset seizures in patients with epilepsy The US Food and Drug Administratio...
Sun Pharma to buy Glaxo's opiates business in Australia
Tuesday, March 03, 2015Sun Pharmaceutical Industries Ltd Indias largest drugmaker by sales said on Tuesday it has agreed to buy GlaxoSmithKlines opiates business in Australia to strengthen its pain management portfolio The business consists of analgesics made from raw mat...
ICON completes acquisition of MediMedia Pharma Solutions
Tuesday, March 03, 2015ICON plc a global provider of drug development solutions and services to the pharmaceutical biotechnology and medical device industries today announced that it has completed the acquisition of MediMedia Pharma Solutions The acquisition brings ICON ne...
Ebola drug, ZMapp’s First Human Experiment begins in Liberia and US
Monday, March 02, 2015The clinical trial of ZMapp a new Ebola drug will begin in Liberia and the United States The National Institute of Allergy and Infectious Disease NIAID collaborate with Liberian government in order to determine effectiveness of the drug A few weeks...
YuYu Pharma, Inc. Strengthens Global Market Invasion
Monday, March 02, 2015Marking the th anniversary of its founding YuYu Pharma Inc will strengthen its global market invasion With employees including its Chairman Yu Seungpil attending the celebration at its headquarters in Seoul on Feb YuYu Pharma announced its plan to...
Eli Lilly to introduce Lantus insulin Copy in Europe After Patent Expiry
Saturday, February 28, 2015Eli Lilly Co plans to start commercializing a cheaper version of Sanofis Lantus insulin for diabetes in Europe following the expiration of the medicines patent in May Drugmakers including Lilly are working to bring to market cheaper versions of com...
Biota Pharmaceuticals to acquire Anaconda Pharma for Approx $38 Million
Friday, February 27, 2015Biota Pharmaceuticals said today it will acquire Anaconda Pharma for up to million in a deal designed to grow the buyers infectious disease pipeline with a Phase II antiviral indicated for two diseases caused by human papillomavirus HPV Anacondas l...
Lyric Pharmaceuticals bags $20Million for its gastro drug
Friday, February 27, 2015South San Franciscos Lyric Pharmaceuticals raised million in firstround financing to support its work on a hushhush gastrointestinal drug The company founded by biopharma veterans Dr David Wurtman and Dr M Scott Harris is at work on an inlicensed d...
