Bio/Pharma News
Novartis Creates Biotech Spin-Off Mereo
The new biotech company, Mereo, is based in the United Kingdom, and kicks off with three mid-stage assets from Novartis.
Hikma Acquires Boehringer’s US Generic Drug Business for $2.65 Billion
The purchase will strengthen Hikma’s position in the US generic drug market.
Sanofi and Regeneron Form Immuno-Oncology Pact
The collaboration will focus on advancing bi-specific antibodies that target hematologic and solid cancers, either as monotherapies or in combination regimens with other immune modulating treatments.
Teva Withdraws Mylan Offer, Agrees to Acquire Allergan’s Generics Business
The deal to acquire Allergan’s generic-drug business is valued at $40.5 billion.
FDA Approves Praluent, the First PCSK9 Inhibitor in the US
FDA approved the drug for a more narrow indication in the US than did EMA for Repatha, Praluent’s fiercest competitor.
GSK’s Malaria Vaccine Gets Positive Opinion from EMA
EMA gives GSK’s malaria candidate vaccine a positive opinion for the prevention of malaria in young children in sub-Saharan Africa.
MedImmune Forms Cell Engineering Pact with University of Sheffield
MedImmune will provide funding and in-kind contributions to support University of Sheffield research projects to address key challenges in cell engineering.
Eisai Transfers North Carolina Facility to Biogen
Biogen will take ownership of Eisai's Research Triangle Park manufacturing campus and will manufacture both oral solid-dose and parenteral drugs for Eisai.
Insect in IV Solution Prompts Baxter Recall
Baxter has initiated a voluntary recall of two lots of IV solutions due to the potential presence of particulate matter.
Sanofi Announces New, Global Business Unit Structure
Sanofi's new business-unit structure focuses on growth drivers.
GSK Ships Flu Vaccine
GSK accelerates delivery timeline for US quadrivalent flu vaccine.
Mylan’s Withdrawn Difficult-to-Administer Prefilled Syringe Still on Market, Sparks FDA Concern
Mylan issued a voluntary withdrawal of calcium chloride intravenous infusion 10% w/v 10mL prefilled syringe due to difficulties in administration.
GSK and Francis Crick Institute Partner on New Scientific Discoveries
This collaboration is said to be the first established between the Crick and a pharmaceutical company.
Teva Launches First Generic Axert Tablets in the US
Teva has launched the generic version of almotriptan malate (Axert), 6.25 mg and 12.5 mg, in the United States.
Officials Propose Corporate Tax Holiday
Senators encourage the repatriation of offshore funds in a new report targeting the pharmaceutical industry.
Allergan Signs Deal with Merck, Acquires Rights to Migraine Development Program
The agreement gives Allergan a foothold in migraine drug development.
Horizon Makes Second Offer to Buy Depomed, Gets Rejected Again
The offer, valued at $3 billion, represents a 42% increase in Depomed’s share price.
Biogen Plans Biologics Manufacturing Facility in Switzerland
Biogen plans to build a biologics manufacturing plant in northwest Switzerland using next-generation technologies to create efficiency and sustainability.
Pfizer’s Once-Daily Arthritis Tablets Accepted for FDA Review
FDA has accepted for review Pfizer’s new drug application for its modified-release formulation of tofacitinib citrate tablets (Xeljanz).
CPhI Angels Unveils Charity Initiative to Build Classroom in Kenya
CPhI is calling on all its attendees, exhibitors, and the wider pharma community to support this initiative.
DOJ Enters Consent Decree Against Acino Products
US Court orders New Jersey drug manufacturer and its president to stop distribution of unapproved and misbranded drugs.
Celgene to Pay $1 Billion for Decade-long Partnership with Juno Therapeutics
The partnership will focus on the development of CAR T-cell therapies and other programs related to T-cell technology.
GSK Plans Increase in Antibiotic Production in Singapore
GSK will invest in an additional downstream isolation facility for amoxicillin production in Singapore.
Bristol-Myers Squibb Makes Changes in R&D Locations and Focus
Bristol-Myers Squibb builds R&D facilities in Massachusetts and San Francisco and discontinues discovery research in virology.
GSK Sells Two Meningitis Vaccines to Pfizer
The divestment of Nimenrix and Mencevax was to satisfy regulatory clearances when GSK gained Novartis’ vaccines business in an asset swap in March 2015.
Aeras and IDT Biologika Partner to Develop Vaccines
IDT Biologika acquired Aeras' vaccine manufacturing facility, and the companies will work together on tuberculosis vaccine development.
Kite Collaborates with bluebird bio to Develop T-Cell Therapy Products
Kite announces that it will collaborate with bluebird bio to develop and commercialize second-generation T-cell receptor product candidates for HPV-associated cancers.
Teva’s Patent for Copaxone Invalidated
The ruling will facilitate the market entry of generic versions of Copaxone, a widely prescribed drug to treat multiple sclerosis.
Biomax Informatics Collaborates with Pierre Fabre on Therapeutic Antibody Development
Biomax Informatics AG and Pierre Fabre announced that they have entered into a collaboration to create an integrated antibody sequence and knowledge database.
GSK Invests $95 Million in Gene Control Research
GSK announces it will invest $95 million to launch a US-based non-profit research institute, Altius, to research technologies and approaches in understanding gene control.