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.

news

* Says plans to acquire Chinese Peptide for 2 billion yuan ($321.62 million) via share issue * Says trading of shares to resume on April 28   reuters.com

news

Apeloa Pharmaceutical Co Ltd Says plans to raise about 700 million yuan ($112.94 million) in private placement of shares Says shares have resumed trading on April 27   reuters.com

news

The European Medicines Agency (EMA) has recommended granting a marketing authorisation for Opdivo (nivolumab). Opdivo is recommended to be used on its own (monotherapy) for the treatment of adult patients with advanced (unresectable or metastatic) melanoma. Melanoma is the most aggressive type of skin cancer and the leading cause of…

news

Hyderabad-based SMS Pharmaceuticals Limited today informed the stock exchanges that the US Food and Drug Administration (USFDA) inspection of unit-7 located at Kandivalasa village in the north coastal district of Vizianagarm in Andhra Pradesh has been successfully completed in the last week. Last year the company said it was investing…

news

Mylan NV raised its offer to buy generic drug maker Perrigo Co. to about $33 billion and was promptly rebuffed, the latest moves in a three-way takeover tussle in the pharmaceutical industry. Mylan’s bid consists of $60 in cash and 2.2 Mylan shares for each share of Perrigo. Based on…

news

Schott announced that it will continue to invest in its pharmaceutical packaging plant in Itupeva, Brazil on the occasion of its 80th manufacturing anniversary in the country. The company said that it will supply locally-produced high-quality pharma packaging to support the growing domestic pharmaceutical companies. Schott's facility near São Paulo…

news

Suven Life Sciences today said it has received five product patents for their drug in Europe, Hong Kong, Israel, Australia and Norway for the treatment of disorders associated with neuro-degenerative diseases. "The grant of 1 product patent from Australia, one from Europe, one from Hong Kong, one from Israel and…

news

Chief executive Pascal Soriot, who is under pressure to rebuild the company’s drug pipeline, will face shareholders at the annual meeting in London on Friday AstraZeneca, which fended off a £69bn takeover attempt from American rival Pfizer almost a year ago, unveiled a better-than-expected set of quarterly results and strengthened…

news

Markets regulator Sebi today barred Nixcil Pharmaceuticals Specialities from raising funds from investors through issue of securities and prohibited the firm and its directors from dealing in capital markets till further directions. The move follows as the Securities and Exchange Board of India (Sebi) received a complaint against Nixcil Pharma,…

news

Swiss drug maker reiterates full-year guidance. Novartis AG on Thursday reported a 4% fall in first-quarter core net income but reiterated its guidance for the full year as the Swiss drug giant begins to feel the benefits of a big overhaul of its portfolio of businesses that focuses it on…