Page 6 - Pharmaceutical
BioInvent to use Merck's bioreactors to expand Swiss facility
Addition of single-use Mobius bioreactors to streamline BioInvent's drug development & production
 "BioInvent to use Merck's bioreactors to expand Swiss facility")
Bain Capital & Cinven buy German generic drug maker Strada for € 4.1 bn
Stada offers a portfolio of high-quality, low-cost generic products including selected biosimilars
 "Bain Capital & Cinven buy German generic drug maker Strada for € 4.1 bn")
Winning strategies for companies to succeed in ever-changing pharma market
Pharma leaders need to take swift steps to get ahead of emerging changes, says Utkarsh Palnitkar
 "Winning strategies for companies to succeed in ever-changing pharma market")
Cipla to collaborate with US-based MEDRx for muscle relaxant drug
As per the deal, MEDRx to receive upfront payment of about $ 30 mn & will be eligible for royalties
 "Cipla to collaborate with US-based MEDRx for muscle relaxant drug")
IoT can help pharma industry to overcome quality challenges: Study
Assocham-Sathguru joint study urges government to reduce the dependency on China for APIs
 "IoT can help pharma industry to overcome quality challenges: Study")
Sun Pharma's partner Almirall applies for psoriasis drug approval in Europe
Two firms had entered into a licensing agreement for investigational drug tildrakizumab in July 2016
 "Sun Pharma's partner Almirall applies for psoriasis drug approval in Europe")
Mylan inks settlement pact with Genentech & Roche on cancer drug Herceptin
Trastuzumab (Herceptin) is one of the 6 biologic products co-developed by Mylan & Biocon
 "Mylan inks settlement pact with Genentech & Roche on cancer drug Herceptin")
US FDA lifts import alert imposed on Sun Pharma's Mohali facility
Move clears the way for supply of products from Mohali facility to the US market
Alkem's Baddi manufacturing facility receives 3 observations from US FDA
US FDA had conducted an inspection at Alkem's Baddi facility from March 2-10, 2017
 "Alkem's Baddi manufacturing facility receives 3 observations from US FDA")
Germany's Merck plans divestment of biosimilars business
Merck has a strategic alliance with India's Dr Reddy's Labs to co-develop multiple cancer drugs
 "Germany's Merck plans divestment of biosimilars business")
Cipla divests animal health business in South Africa & Sub-Saharan Africa
It will sell this business to Ascendis Health for Rand 375 million (about Rs 192 crores)
 "Cipla divests animal health business in South Africa & Sub-Saharan Africa")
Glenmark partners Evestra to market contraceptive product in US
They have signed pact for a generic version of Merck & Co's NuvaRing, a contraceptive vaginal ring
 "Glenmark partners Evestra to market contraceptive product in US")
Lupin receives US FDA approval for generic Suprep bowel prep kit
The company has also received US drug regulator's nod for generic Percocet tablet, a pain killer
 "Lupin receives US FDA approval for generic Suprep bowel prep kit")
Zydus Cadila receives US FDA nod for anti-fungal drug fluconazole tablet
It has also received approval for clobetasol propionate spray, used for skin treatment
 "Zydus Cadila receives US FDA nod for anti-fungal drug fluconazole tablet")
Allergan acquires Zeltiq for $2.47 billion
It will enhance Allergan's medical aesthetics portfolio with addition of CoolSculpting system
 "Allergan acquires Zeltiq for $2.47 billion")
Govt plans to establish pharma & medical technology zone at Bengaluru
The move is aimed at reducing the manufacturing cost of drugs and medical devices
 "Govt plans to establish pharma & medical technology zone at Bengaluru")
Study shows antibiotics can stimulate growth in bacteria
UK scientists found that E.coli bacteria increased antibiotic resistance with each treatment
 "Study shows antibiotics can stimulate growth in bacteria")
Daiichi Sankyo shuts down Indian R&D unit
The unit mainly conducted drug discovery research targeting infectious diseases & inflammation
 "Daiichi Sankyo shuts down Indian R&D unit")
Takeda buys Ariad Pharmaceuticals for $ 5.2 billion
Acquisition significantly enhances Takeda's global oncology portfolio
 "Takeda buys Ariad Pharmaceuticals for $ 5.2 billion")
Lupin launches pain killer drug morphine sulfate tablet in US
Tablet is a generic version of MS Contin ER, which had annual US sales of $ 282.9 mn
 "Lupin launches pain killer drug morphine sulfate tablet in US")
