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Chinese consortium to jointly acquire U.S. biotechnology company Ambrx

May 22, 2015 9:42 am | by PRNewswire | News | Comments

A consortium ("the Consortium") consisting of entities affiliated with Shanghai Fosun Pharmaceutical Group, HOPU Investments, China Everbright Limited's healthcare fund ("CEL Healthcare Fund"), and WuXi PharmaTech announced today that the Consortium ...

Tribute Pharmaceuticals announces expansion into U.S. market

May 21, 2015 4:21 pm | by Associated Press | News | Comments

Tribute Pharmaceuticals Canada Inc., a specialty pharmaceutical company with a primary focus on...

Achillion shares sink after partnering with Johnson & Johnson

May 21, 2015 11:56 am | by TOM MURPHY, AP Business Writer | News | Comments

Investors started shedding Achillion shares early Wednesday, less than a day after the drugmaker...

CVS to Acquire Drug Distributor Omnicare for $10.4 B

May 21, 2015 11:34 am | by TOM MURPHY, AP Business Writer | News | Comments

CVS Health will spend more than $10 billion to buy pharmacy services provider Omnicare and tap a...

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Endo’s Purchase of Par Pharma Shakes up the Industry

May 21, 2015 11:03 am | News | Comments

US Pharma M&A activity has yet to show any signs of a slowdown after the $8.1bn exit of Par Pharma by TPG to Endo was announced on Monday. The US Pharma industry has seen 39 deals valued at US$ 77.3bn to-date, three more deals announced ...

Discovery Could Lead to Homemade Morphine, Painkillers

May 19, 2015 11:01 am | by Alicia Chang, AP Science Writer | News | Comments

Scientists have figured out all the steps to make morphine and similar painkillers without using opium poppies, potentially opening the door for home-brewed drugs. Some experts are calling for regulations to prevent tinkerers from making morphine, which can be converted into heroin.

Massachusetts Court Rules in Tainted Drug Case

May 19, 2015 10:51 am | by Philip Marcelo, Associated Press | News | Comments

Thousands of defendants convicted of drug crimes after a chemist in a state lab tampered with evidence can't be charged with more serious crimes or given harsher sentences if granted a new trial.

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J&J Settles $7.8 Million Lawsuit

May 19, 2015 10:35 am | by AP | News | Comments

Three years ago a jury found that a subsidiary, Janssen Pharmaceutical, committed Medicaid fraud and violated a state law in its labeling and marketing of Risperdal. A $1.2 billion fine was initially imposed on Johnson & Johnson.

Boehringer Makes Phase 1 Acquisition

May 18, 2015 1:21 pm | by Associated Press | News | Comments

Boehringer Ingelheim and pharmaceutical company Pharmaxis announce that Boehringer Ingelheim has exercised its option and acquired the investigational drug PXS4728A, to develop it for the treatment of the liver-related condition NASH and ...

Endo Buying Par Pharma In Generics Push

May 18, 2015 1:15 pm | by Associated Press | News | Comments

Endo International will spend about $8.05 billion to acquire Par Pharmaceutical as it pushes further into the generic drug market. Endo CEO Rajiv De Silva said the deal make Endo one of the top five generics companies as measured by U.S. sales.

Pharma Legacy Drives New Software, IoT Innovation

May 18, 2015 11:21 am | by Jeff Reinke, Editorial Director | Blogs | Comments

Pharmaceutical Processing sat down with Rockwell Automation’s Paula Puess and Khris Kammer to get their take on recent market developments and what the future may hold for the pharmaceutical marketplace.

FTC Seeks More Info From Pfizer About Hospira Acquisition

May 15, 2015 12:04 pm | by Pfizer Inc. | News | Comments

Pfizer Inc. today announced that it has received a request for additional information from the FTC with respect to its previously announced proposed acquisition of Hospira.

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Dyadic International Q1 Results

May 15, 2015 11:59 am | by Dyadic International | News | Comments

Dyadic International, Inc. is a global biotechnology company focused on enzymes and other proteins for the bioenergy, bio-based chemicals, biopharmaceutical, food and feed industries.

Puma Biotech Stumbles With Breast Cancer Drug

May 15, 2015 11:53 am | by The Associated Press | News | Comments

Treatment results with the breast cancer drug Herceptin, as well as chemotherapy, did improve, but the drug's backers had been hoping to see better results.

Continuing Story: Judge Won't Toss Out FedEx Drug Indictment

May 15, 2015 11:47 am | by Sudhin Thanawala, Associated Press | News | Comments

U.S. District Court Judge Charles Breyer said the acts alleged by prosecutors do not fall under an exemption in federal drug law for transportation companies such as FedEx.

Governor Says Nebraska Has Ordered New Death Penalty Drugs

May 15, 2015 11:39 am | by Grant Schulte, The Associated Press | News | Comments

Steps are being taken to resume executions in a state that hasn't imposed the death penalty since 1997.

Eli Lilly, Sanford-Burnham Announce Collaboration

May 14, 2015 12:00 pm | by Eli Lilly and Company | News | Comments

Eli Lilly and Company and Sanford-Burnham Medical Research Institute today announced that they will collaborate to discover and develop immunological therapies.

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Colombian Ban on Anti-Coca Herbicide is Bittersweet

May 14, 2015 11:54 am | by Jacobo Garcia, Associated Press | News | Comments

Colombian President Santos last week decided to halt fumigation in the wake of a report by a research arm of the World Health Organization classifying (anti-coca) glyphosate as a probable carcinogen.

Personalized Medicine Gaining Traction, Facing Challenges

May 14, 2015 11:48 am | by Tufts Center for the Study of Drug Development | News | Comments

Thirteen percent of drugs marketed in the United States today post pharmacogenomic information on the label, but developers continue to encounter compliance challenges.

FedEx Seeks Dismissal of Federal Drug Indictment

May 14, 2015 11:41 am | by The Associated Press | News | Comments

Attorneys for FedEx are set to appear in court, as they seek to dismiss a federal indictment that accuses the company of knowingly shipping illegal prescription drugs from two online pharmacies.

Moving Up the Value Chain

May 14, 2015 11:35 am | by Lance Ellisor, VP of Product Management at Mitratech | News | Comments

How pharmaceutical legal departments can create a competitive advantage for the enterprise.

TRACON Q1 Results

May 14, 2015 11:29 am | by TRACON Pharmaceuticals | News | Comments

TRACON Pharmaceuticals, a clinical stage biopharmaceutical company, today announced its financial results for the first quarter.

ProPharma Group Acquires PROSAR

May 14, 2015 11:21 am | by ProPharma Group | News | Comments

ProPharma Group, a  compliance services company, today announced its acquisition of PROSAR, a provider of pharmacovigilance and medical information services.

SAFC Expands in St. Louis

May 13, 2015 11:43 am | by Sigma-Aldrich Corporation | News | Comments

Sigma-Aldrich Corporation has completed the expansion of its St. Louis facility to support commercial-scale antibody drug conjugate (ADC) manufacturing.

Pennsylvania Senate Passes Medical Marijuana Bill

May 13, 2015 11:36 am | by Marc Levy, Associated Press | News | Comments

State senators, for a second time, have sent legislation legalizing medical marijuana to the House of Representatives, where the GOP majority has held hearings but given no certain signs of support.

ANI Acquires Rights to Testosterone Gel 1%

May 13, 2015 11:31 am | by ANI Pharmaceuticals | News | Comments

ANI Pharmaceuticals has acquired the approved new drug application ("NDA") for a testosterone gel 1% product previously licensed to Teva Pharmaceuticals.

Obamacare Ruling Could Impact States, But Not Lawmakers

May 13, 2015 11:26 am | by Ricardo Alonso-Zaldivar, Associated Press | News | Comments

If the Supreme Court rules the way most Republicans want in the latest health overhaul case, GOP lawmakers who now have insurance coverage under President Barack Obama's law may wind up with some explaining to do.

FDA Panel Backs Vertex Combination Pill for Cystic Fibrosis

May 13, 2015 11:23 am | by Matthew Perrone, AP Health Writer | News | Comments

Federal health advisers recommended approval for an experimental combination drug to treat cystic fibrosis, despite unresolved questions about the benefit of one of the pill's two ingredients.

Vitae Pharmaceuticals Q1 Results

May 13, 2015 11:19 am | by Vitae Pharmaceuticals | News | Comments

Vitae Pharmaceuticals, a clinical-stage biotechnology company, recently provided financial results and pipeline reports for the first quarter of 2015.

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