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CPhI Releases India Market Report
Enhanced R&D efforts and the growing manufacture of finished-dosage drugs in India will shape the country's future success, according to a new report from CPhI.
FDA Issues Formal Clinical Hold on Aldoxorubicin Trials
CytRx receives formal written communication from FDA on a prior decision for a partial clinical hold for CytRx's trials involving chemotherapeutic agent aldoxorubicin.
Otsuka Announces Plans to Buy Avanir for $3.5 Billion
Japanese drugmaker Otsuka announced plans to buy CNS-specialist Avanir Pharmaceuticals for $3.5 billion in an all-cash tender offer.
First Remicade Biosimilar Hits India
Ranbaxy and Epirus announce the launch of India's first biosimilar for Remicade.
Lung Therapeutics Receives Orphan Drug Designation for Empyema Treatment
Lung Therapeutics announced that it received Orphan Drug Designation for LTI-01, an injectable designed for the treatment of loculated pleural effusion.
Roche Adds Non-Invasive Prenatal Testing to Pipeline with Ariosa Acquisition
Roche announced the acquisition of Ariosa Diagnostics, a molecular diagnostics testing service provider and maker of the prenatal blood test, Harmony.
Latest Cyber Threats Aimed at Biotechnology Professionals, Drug Manufacturers
Biotech drug manufacturers' emails may have been hacked by individuals with sophisticated investment banking skills, according to a report from the New York Times.
Dalton Receives Funding for Development of RSV and Parainfluenza Type 3 Vaccines
Dalton Pharma Services announced it was awarded funding from ISTPCanada for its project to develop vaccines for respiratory syncytial virus and parainfluenza type 3.
Medtronic Gains US and EU Conditional Approval for $43 Billion Acquisition of Covidien
Medtronic announced that it received clearance from both the FTC and European Commission to acquire Covidien for $43 billion.
Bristol-Myers Squibb and Five Prime Therapeutics Collaborate on Development of Immunomodulator
Opdivo and investigational agent FPA008 will be tested in combination for their efficacy in boosting antitumor immune response.
Merck Enters into Licensing Agreement with NewLink for Investigational Ebola Vaccine
Merck announced an agreement with NewLink Genetics to acquire exclusive rights to its experimental Ebola vaccine, rVSV-EBOV, for $50 million.
AstraZeneca Expands Biologics Manufacturing in Maryland
The more than $200 million project will increase production capacity at the facility to support AstraZeneca?s maturing pipeline.
FDA Extends Review of Novartis' Investigational Compound for Multiple Myeloma
FDA will delay its decision regarding the new drug application for panobinostat.
Tufts’ New Figures on Drug-Development Costs Spark Debate
Tufts research suggests costs to launch a new drug have doubled since 2003, but some question conclusions.
Janssen Partners with Transposagen Biopharmaceuticals for CAR-T Therapies
The announcement calls attention to another partnership in the growing T-cell receptor engineering space.
GSK Announces Shareholders Meeting to Discuss Novartis Deal
GSK and Novartis announced a meeting on Dec. 18, 2014 to discuss the $20 billion asset swap between the two companies.
Lundbeck CEO Resigns Due to Code of Conduct Breach
Ulf Wiinberg has resigned as Lundbeck's CEO over unapproved acceptance of shares in a biotech company.
GSK Leads Big Pharma in Making Its Medicines Accessible
An index from the Access to Medicine Foundation ranks GSK as most effective in making products accessible.
FDA to Increase its Ties to China
Margaret Hamburg, FDA Commissioner, visited China recently to oversee efforts to strengthen inspection and regulatory reviews and to attend the Ninth International Summit of Heads of Medicines Regulatory Agencies Meeting
IMS: Global Spending on Medicines to Rise 30% by 2018
Approximately 40% of total global growth will come from specialty medications, according to a new report from the IMS Institute for Healthcare Informatics.
USP Joins Chinese Pharmacopoeia Commission for Annual Science Meeting
USP and ChP jointly host two-day meeting to strengthen cooperation.
Manufacturing Issues Crucial to Combating Ebola
The United States government is ramping up support for formulation, production, and packaging of Ebola treatments.
FDA Requests Comments on Generic Drug Submission Criteria
FDA opens public docket on proposed criteria for “first generic” ANDAs.
GPhA Issues Statement on Generic Drug Costs
Ralph G. Neas, president and CEO of the Generic Pharmaceutical Association, requests that Congress get involved in the support of a more competitive drug market.
Amgen Opens Single-Use Manufacturing Plant in Singapore
The $200-million project will expand Amgen's single-use/disposable manufacturing capabilities.
FDA Practices Discourage Biologic Market Competition, Says PCMA White Paper
A new report from The Pharmaceutical Care Management Association alleges that FDA hinders competition in the pharmaceutical industry and influences how a drug's price is calculated.
Grand River Aseptic Manufacturing Secures Two Contracts
Grand River Aseptic Manufacturing has announced that the company executed two commercial production contracts in one day.
Pfizer and Merck KGaA Announce Strategic Alliance
Pfizer will pay $850 million upfront and as much as $2 billion later in a deal to jointly develop one of Merck?s cancer drugs.
FDA Issues Draft Guidance on Rare Pediatric Diseases
FDA issues draft guidance on rare pediatric disease priority review vouchers in accordance with FDASIA.
Roche's Avastin Gains Ovarian Cancer Indication
Avastin plus chemotherapy for the treatment of ovarian cancer increased progression-free survival by 62% compared with chemotherapy alone.