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Bristol-Myers Squibb signs exclusive option agreement to acquire Denmark-based Galecto Biotech AB
Tuesday, November 04, 2014BristolMyers Squibb Company and Galecto Biotech AB today announced that the companies together with the Galecto shareholders have entered into an agreement that provides BristolMyers Squibb the exclusive option to acquire Galecto Biotech AB and gain...
ex scientia partners with Sunovion Pharmaceuticals Inc. to research new medicines for psychiatric disorders
Tuesday, November 04, 2014ex scientia Ltd the polypharmacology driven drug discovery company announced today that they have signed an agreement with Sunovion Pharmaceuticals Inc to collaborate on the discovery and optimisation of novel medicines for psychiatric disorders As...
Bayer completes acquisition of Dihon Pharmaceutical Group Co., Ltd. for EUR 460 million in China
Monday, November 03, 2014Bayer has completed the acquisition of percent of the shares of Dihon Pharmaceutical Group Co Ltd Kunming Yunnan China a privately held pharmaceutical company specializing primarily in overthecounter OTC dermatology products and herbal traditional C...
UniTao Pharmaceuticals plans to invest $22.5 Million to establish Petersburg, Virginia, pharmaceutical manufacturing hub
Friday, October 31, 2014UniTao Pharmaceuticals purchased the Boehringer Ingelheim plant in Petersburg Virginia and will invest million to establish its pharmaceutical manufacturing operations center in the Commonwealth UniTao is a subsidiary of Shanghaibased Tenry Pharmac...
Bristol-Myers Squibb expands manufacturing agreement with Lonza
Friday, October 31, 2014BristolMyers Squibb BMS has expanded its existing multiyear biologics manufacturing agreement with Swiss chemicals and biotechnology firm Lonza The contract expansion will include the production of commercial quantities of a second BMS biologic medi...
Novartis selling Holly Springs vaccine plant in $275M deal
Thursday, October 30, 2014The fate of a billion Novartis vaccine facility in Holly Springs came into focus Monday after Australian pharmaceutical company CSL Limited announced it will buy the advanced lab as part of a million acquisition of Novartis influenza business CSL...
Alembic Pharmaceutical acquires stake in Adwiya Mami
Thursday, October 30, 2014Alembic Pharmaceutical is making its foray into the Algerian market acquiring stake in Adwiya Mami SARL Algeria for an undisclosed amount Post the deal Adwiya Mami will be renamed as Alembic Mami SPA with the company being jointly run by Adwiya Mam...
Warburg Pincus invests Rs 550 cr in Laurus Labs to acquire stake
Thursday, October 30, 2014An affiliate of private equity PE firm Warburg Pincus has acquired a minority stake in Laurus Labs a Visakhapatnambased developer of active pharmaceutical ingredients APIs for about Rs crore Laurus said in a statement With this Warburg becomes an in...
CTI Biopharma buys worldwide rights to selective oral anti-cancer therapy, Tosedostat
Tuesday, October 28, 2014Committed to acquisition development and commercialization of novel targeted therapies a biopharmaceutical company CTI BioPharma Corp has acquired worldwide rights to tosedostat through coexisting transactions with Vernalis RD Limited Vernalis who is...
Ranbaxy might bear another loss
Monday, October 27, 2014The sixmonth exclusivity rights with Ranbaxy for the generic version of Nexium a successful drug from AstraZeneca might be lost only if it cant get regulatory clearance for the US market by the end of next month Ranbaxy is awaiting clearance from t...
