Bio/Pharma News
Bayer Buys Rights to Isis Pharma’s Blood Thinner for Up to $155 Million
Bayer announces that it will pay up to $155 million, plus royalties, for the rights to Isis Pharma’s anti-clotting drug, ISIS-FXI.
Novo Nordisk Invests DKK1.5 Billion in New Manufacturing Facility
Novo Nordisk announces that it will invest DKK1.5 billion (US$224 million) in a haemophilia treatment manufacturing facility in Denmark.
Biosimilars Will Bring Significant Litigation and Patent Challenges
Intellectual property lawyers estimate biosimilar litigation will swell as early as 2018.
Congress Encourages Modern Drug Manufacturing
The revised "21st Century Cures” proposal includes provisions for research for continuous manufacturing, biomarker development, and NIH funding.
The Acquisition Battle Continues with Another Perrigo Rejection
Perrigo rejected Mylan’s second proposal for an acquisition valued at more than $34 billion, saying that the offer was too low to consider.
Takeda Faces Cancer Lawsuits with $2.4 Billion in Settlements
Takeda Pharmaceutical agrees to pay $2.4 billion to settle lawsuits from patients and family members who said the diabetes drug Actos caused bladder cancer.
Mylan Rejects Teva’s $40 Billion Offer
In a seething letter, Mylan’s executive chairman announced the unanimous rejection of a $40-billion unsolicited acquisition offer from Teva.
Mylan Ups Offer to Perrigo to More than $32 Billion
After rejecting Teva’s unsolicited $40 billion purchase offer, Mylan has increased its own offer to purchase Perrigo from $29 billion to over $32 billion in cash in stocks.
Mylan Recalls Injectables Due to Visible Particulate Matter
Mylan announces a recall of eight lots of injectable products due to visible foreign particulate matter.
Innate Pharma Announces $1.3 Billion Collaboration with AstraZeneca
Innate Pharma announces a co-development and commercialization agreement with AstraZeneca to accelerate the development of Innate’s anti-NKG2A antibody.
EMA Recommends Authorization of Melanoma Treatment
The agency has recommended granting marketing authorization for Opdivo.
Hospira Recalls Bupivacaine HCl Injection
The company voluntarily recalls Preservative-Free Bupivacaine HCl Injection, USP due to potential iron oxide particulates.
Pfizer Receives Breakthrough Therapy Designation for Xalkori
FDA grants Pfizer Breakthrough Therapy designation for its treatment of ROS1-positive non-small cell lung cancer.
Endolysin Technology Presents an Antibiotic Alternative with Broad Applicability
Endolysin technology targets unwanted bacteria, including resistant strains
Teva Proposes $40 Billion to Acquire Mylan
Teva announces that it would pay up to $40 billion in cash and stock to acquire Mylan.
Combination of Yervoy and Opdivo Shrinks Melanoma Tumors Drastically in NEJM Case Report
The combination of two mAb drugs eradicated a large tumor, but also sparked new toxicity concerns associated with immunotherapies.
GSK Recalls Flu Vaccine
GSK notifies CDC and FDA that it is recalling the remaining doses of its 2014–2015 flu vaccine, Flulaval Quadrivalent Thimerosal-free Pre-Filled Syringes, due to decreased potency.
Sartorius Stedim Biotech Acquires BioOutsource
The acquisition expands Sartorius Stedim Biotech’s service portfolio.
Antibiotic Drug Development Makes a Turning Point
The growing threat and spread of antimicrobial resistance continue to ring alarm bells worldwide.
Sartorius Stedim Biotech Launches New Single-Use Harvesting Technology for High Cell Density Cultures
The single-use clarification system eliminates centrigues; harvesting can be performed in one step; and process robustness and predictability are ensured.
Study Finds Prescription Drug Spending Rose 13% in 2014
Spending on prescription medications reached $373.9 billion in 2014, representing the largest increase in 13 years.
Hydra Biosciences Enters into Collaboration Agreement with Boehringer Ingelheim
Hydra Biosciences enters into an agreement with Boehringer Ingelheim to research and develop small-molecule TRP inhibitors for renal diseases and disorders.
DBV Technologies Receives FDA Breakthrough Therapy Designation for Peanut Allergy Treatment
As the prevalence of falsified medicines continues to increase, Switzerland is taking measures to secure its supply chain such as the implementation of serialization.
Hospira Italy Facility Gets Warning Letter
FDA issues a Warning Letter to Hospira S.p.A. for GMP violations at the company’s Liscate, Italy facility.
Baxter Recalls IV Solutions
Baxter voluntarily recalls select lots of IV solutions due to possible particulate matter.
Pfizer Announces PCSK9 Competitive Grants Program
The grants will be offered to investigators conducting research in the field of PCSK9 biology.
Mylan Offers $29 Billion for Perrigo
Mylan announces that it would offer Perrigo $29 billion in cash and stock to buy the Irish company.
ISPE Announces 2015 Facility of the Year Category Winners
Facilities in China, Ireland, Germany, and the United States have been recognized by ISPE in the 2015 Facility of the Year Awards program.
GSK Announces US Vaccine R&D Center
GlaxoSmithKline announces global vaccines research and design facility to be based in Rockville, MD, USA.
An Orthogonal Approach to Biosimilarity
In this article, industry experts discuss critical analyses for demonstrating biosimilarity.