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ICON plc to acquire MediMedia Pharma Solutions for $120 million
Tuesday, February 03, 2015ICON plc a global provider of outsourced development services to the pharmaceutical biotechnology and medical device industries today announced it has agreed subject to certain customary closing conditions to acquire MediMedia Pharma Solutions for a...
Alliance Pharmaceuticals Limited acquires MacuVision Europe Limited
Tuesday, February 03, 2015Alliance Pharma plc AIM APH the speciality pharmaceutical company is pleased to announce that its wholly owned subsidiary Alliance Pharmaceuticals Limited has acquired MacuVision Europe Limited MacuVision for initial consideration of million plus th...
Sun Pharma-Ranbaxy deal okayed by Federal Trade Commission, USA
Monday, February 02, 2015The US Federal Trade Commission FTC has approved the merger of Sun Pharmaceutical Industries and Ranbaxy Laboratories on the condition that Ranbaxy divest its interests in generic minocycline tablets The FTC had held that the billion merger of Ranba...
Irish Government to use legislative powers to impose price cuts on major pharmaceutical firms
Monday, February 02, 2015The Government will use legislative powers to impose price cuts on major pharmaceutical firms for onpatent drugs if negotiations on reductions are unsuccessful Minister for Health Leo Varadkar has signalled It is understood that talks between the De...
Divis Laboratories to invest Rs 500 crore for setting up manufacturing facility in Andhra Pradesh, India
Monday, February 02, 2015Divis Laboratories Ltd a manufacturer of active pharmaceutical ingredients APIs intermediates is planning to invest Rs crore to set its third manufacturing facility in the country The company is considering setting up a third manufacturing site to...
Boston’s biotechnology startup Flex Pharma raises $86.4 million in IPO
Monday, February 02, 2015Shares of biotechnology startup Flex Pharma Inc lost percent in their first day of trading Thursday after the company raised million in an initial public offering The performance on a day of strong gains in the broader financial markets marked an...
Serendex Pharmaceuticals and CMC Biologics Enter Exclusive Agreement on Factor VIIa
Saturday, January 31, 2015Serendex Pharmaceuticals AS and CMC Biologics Inc have today signed an exclusive agreement on Factor VIIa Through the agreement Serendex Pharmaceuticals has secured access to a unique form of Factor VIIa and the agreement provides Serendex Pharmaceut...
Sun Pharmaceutical wins U.S. approval to buy Ranbaxy
Saturday, January 31, 2015Indias Sun Pharmaceutical Industries Ltd has won US approval to buy Ranbaxy Laboratories Ltd on condition that it sell its interest in a generic antibacterial medicine the US Federal Trade Commission said on Friday Sun Pharmaceutical said in April t...
Sanofi to set up insulin facility in Telangana, India
Friday, January 30, 2015French vaccine manufacturer Sanofi though its Indian entity Shantha Biotechnics will set up an insulin production facility in Telangana involving an investment of Rs crore Sanofi proposes to manufacture Insuman one of its leading human insulin prod...
Venaxis receives FDA “Not Substantially Equivalent” Response on APPY1 510(k) Submission
Friday, January 30, 2015Venaxis Inc an in vitro diagnostic company focused on advancing commercialization of its CE Marked APPY Test a rapid blood test for aiding in identifying children adolescent and young adult patients in the emergency room who are at low risk for appen...
