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Endo to acquire Auxilium in $2.6 billion deal
Monday, October 13, 2014Ireland based Endo International is set to buy Auxilium Pharmaceuticals in a cashandstock deal valued at billion Auxilium has welcomed the new offer after rejecting one for a lower price a few days back Endo shall pay in cash and stock for each Au...
FDA calls down on Sun pharma over delayed follow up of recalled drugs
Saturday, October 11, 2014The much talked about Indian pharmaceutical company Sun pharma has been called down by the USFDA for being abstracted in followingup corrective actions for the drugs it recalled from the US market The company earlier this year recalled its diabetes...
Impax to acquire Tower Holdings and Lineage Therapeutics in a $700 million deal
Friday, October 10, 2014Impax Laboratories Inc IPXL today affirmed the execution of a conclusive understanding under which Impax will obtain Tower Holdings Inc including working subsidiaries Corepharma LLC and Amedra Pharmaceuticals LLC and Lineage Therapeutics Inc toge...
Indi''a pharma majors Sun, Dr Reddys, Cadila and 14 others under US Congress probe for drug price hike
Wednesday, October 08, 2014The aberrant price rise of drugs has led almost companies come under the scanner of the US Congress The US administrative authority lashed out at top Indian Drug firms including Sun Pharmaceuticals Dr Reddys Laboratories and Cadila healthcare...
Mexicos Lab Grin acquired by Lupin
Wednesday, October 08, 2014One of the leading ophthalmic companies Mexicos Lab Grin has been acquired by Lupin The event in regard to the acquisition took place on September th Hence Lab Grin is now wholly a Lupin subsidiary The acquisition marks Lupins foray into the hig...
India’s Lupin to focus on R&D of new drugs with the expansion of Florida research hub
Tuesday, October 07, 2014In a major development India based pharma company Lupin is set to create jobs in technical field by expanding its research facility in Florida Lupin has firmly decided upon its research expansion in Florida This new resource shall be focusing on...
Specialty pharmaceutical Actavis buys Durata Therapeutics Inc. for about $616.4 million
Tuesday, October 07, 2014The specialty Inc Actavis acquiring Durata and its brand product which was confirmed by USFDA this May Dalvance which is an injection is a novel antibiotic for unmet medical needs