NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Pharmaceutical Industry portal grants a dynamic and diverse feed of news items.

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The European Union gave its green light to Roche's Cotellic for use in combination with the drug Zelboraf against advanced melanoma, the company said on Wednesday. Roche is counting on Cotellic to help it revive flagging sales of five-year-old Zelboraf, which dropped 25 percent during the first nine months of…

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Taro Pharmaceutical Industries, a global subsidiary of India's largest drug maker Sun Pharmaceutical, has dropped its plan to invest in a wind power project in the United States just four days after announcing the $250-million investment. Taro, which is listed on the New York Stock Exchange, revealed its decision in…

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Pershing Square Holdings Ltd said on Monday it increases its position in Valeant Pharmaceuticals International to 9.9 pct of shares outstanding.   reuters.com

Wednesday, Nov 25, 2015
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The U.S. Food and Drug Administration said it had approved Eli Lilly & Co's Portrazza, in combination with two forms of chemotherapy, to treat patients with a type of lung cancer. However, the treatment will need to carry a "boxed warning" that flags potential fatal risks, including cardiac arrest and…

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Almirall, the global pharmaceutical company based in Barcelona, announces the acquisition of the rights to two Dermatology products, Veltin® and Altabax®, from Stiefel, a GSK company in exchange for  distribution rights to Toctino® and an undisclosed cash payment. In June 2010, Almirall and Basilea Pharmaceutica Ltd (Basilea) signed a distribution…

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The U.S. Food and Drug Administration approved to expand the use of Emergent BioSolutions Inc's anthrax vaccine to prevent suspected or confirmed exposure to the bacterium that causes the disease. The FDA approved the vaccine, BioThrax, for use in patients who are between 18-65 years of age in conjunction with…

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Home healthcare company Portea Medical announced that it has acquired specialty pharmaceutical distributor MedybizPharma in a move that will enable Portea to strengthen patient engagement and provide better care for chronic disease patients in India. The acquisition was made for an undisclosed consideration of cash and stock. Announcing the acquisition…

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Mankind Pharma has launched an anti-diabetic product 'Dynaglipt' targeting the middle class and rural diabetic patients. The company has launched an affordable anti-diabetic product for the diabetic patients targeting the middle class and rural diabetic patients, so as to cater to this growing epidemic, Mankind Pharma said in a statement.…

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A copy of the blockbuster biotech drug Enbrel was recommended for approval in Europe on Friday, making it the second so-called biosimilar antibody medicine to win such a green light from the continent's regulators. The European Medicines Agency (EMA) said its experts backed the use of South Korean company Samsung…

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Drug companies have brought a host of expensive new medicines to market in the United States and Europe this year, figures show, another bumper haul for an industry often accused of over-charging. Drug prices are set to be a major issue in the run-up to the U.S. presidential election next…