Monday, 29 May 2017

Pharma News

  • Allergan to pay US$15 million over failing to disclose merger talks

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Allergan Plc, unit of botox maker will pay a US$15 million penalty and admit to wrong doing, after U.S. regulators on Tuesday accused the unit of failing to disclose 2014 merger talks with ...Read more

  • Biocon wins MYR 300 mn contract for insulin from Malaysia

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Biocon Ltd announced that the Ministry of Health (MoH), Malaysia, has awarded a three year contract, to its subsidiary, Biocon SDN. BHD., Malaysia, for supplying recombinant human insulin (...Read more

  • After automobiles, Trump targets the pharma industry

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: Addressing his first press conference since the election, President-elect Donald Trump, sent some shocking waves in the in Asian pharma industry. Currently drugs sold in the US a...Read more

  • Aurobindo Pharma all set to buy Portugal's Generis for Rs 970 crore

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Hyderabad based Aurobindo Pharma has recently announced its acquisition of Portuguese pharmaceutical company Generis Farmaceutica SA from Magnum Capital Partners for approximately Rs970 cro...Read more

  • Flashback 2016!

    Pharma |  Analysis | By Aishwarya Venkatesh | 0 Comment

      1. A seed giant is born!Bayer and Monsanto announced that they signed a definitive merger agreement under which Bayer will acquire Monsanto for USD 128 per share in an all-cash transact...Read more

  • 2016 sees lowest number of drug approvals in six years

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: 2016 was a disappointing year for new drug approvals with the US FDA issuing approval for just 22 new medicines for sale. The number of drugs that got approval has fallen sharply...Read more

  • Cadila arm acquires six brands from MSD pharma

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: Indian pharma giant Cadila healthcare's arm Zydus Healthcare has acquired six brands from MSD Pharmaceuticals India Pvt. Ltd, the local arm of US-based Merck & Co Inc, for di...Read more

  • Sun Pharma to acquire Novartis's cancer drug Odomzo for $175m

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Sun Pharmaceutical Industries Ltd is planning to acquire Novartis AG branded cancer drug Odomzo for $175 million. Under the agreement, Sun Pharma will get global marketing rights for the pr...Read more

  • The growth of Asian pharma market is twice rapid as compared to US

    Pharma |  Influencers | By BioSpectrum Bureau | 0 Comment

    The recent statistics indicate that the Indian pharmaceutical market is currently valued at USD25 billion and is expected to further grow at a CAGR of 12 per cent till 2020. India is the t...Read more

  • Trump promises to bring down drug prices

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: In a recent interview with a leading magazine, Preisdent-elect Donald Trump said that he would bring down drug prices and reduce the cost of prescription drugs. Trump previously ...Read more

  • Strides Shasun acquires Perrigo's US FDA approved API facility in India

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Bangalore based pharmaceutical company Strides Shasun Limited have signed an agreements to acquire the entire shareholding in Maharashtra based Perrigo API India for INR 1000 Million. Perr...Read more

  • Japan's Takeda to invest €40 million in Irish facility

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: Japanese drug giant Takeda is planning to invest nearly €40 million in a new facility in Dublin in a move that will lead to the creation of 40 jobs. The company first inves...Read more

  • Korea's pharma workforce up by 27 percent

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: With the South Korean pharma industry expanding, the size of the local pharma workforce grew by 27 percent compared to four years ago reported the Korean herald. According to the...Read more

  • Indian Pharma industry to hire only qualified personnel now

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: In order to bring the Indian Pharmaceutical industry at par with international standards, the Ministry of Health and Family Welfare will now seek only qualified candidates in the...Read more

  • APAC pharma market to see modest growth in 2017

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: According to BMI Research, Singapore's pharmaceutical market will see a modest growth of around 6 percent in 2017. The firm also said that the whole APAC region will see a rise o...Read more

  • Strides to acquire PediaCare from Moberg Pharma

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Strides Shasun Limited announced that its wholly owned subsidiary Strides Arcolab International Limited, UK has entered into an agreement with Moberg Pharma, Sweden to acquire the 'PediaCar...Read more

  • Vietnam blacklists 39 Indian drug firms

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    Singapore: Giant drug makers like Aurobindo Pharma, Cadila and Mcleods Pharmaceuticals are among 39 Indian firms that have been blacklisted by Vietnam for quality standard violations. The c...Read more

  • QuintilesIMS forms new collaboration on usage of anti-cancer therapies

    Pharma |  News | By BioSpectrum Bureau | 0 Comment

    QuintilesIMS announced that it will lead a collaborative initiative involving founding partners Bristol-Myers Squibb, Eli Lilly and Company, Merck KGaA, Darmstadt, Germany and Pfizer, which...Read more

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