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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U.S. biotech company Momenta Pharmaceuticals Inc said on Tuesday its experimental biosimilar version of AbbVie Inc's top-selling autoimmune drug, Humira, met the main goal in a late-stage trial involving patients with a form of psoriasis. As it is not possible to produce exact copies of biotech drugs made from living…

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Phaserx receives orphan drug designation from FDA for PRX-OTC for the treatment of ornithine transcarbamylase deficiency. PRX-OTC, which is being developed for treatment of ornithine transcarbamylase deficiency has received orphan drug designation by U.S. FDA.   Source : reuters.com

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Israel's Teva Pharmaceuticals has partnered with Tel Aviv-based Syqe Medical to market in Israel medical cannabis for pain management that is administered with an inhaler. The companies said in a statement on Monday that this is the first time the medical cannabis sector has complied with pharmaceutical standards for inhalation,…

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Catalent, Inc., the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, today announced that it has agreed to acquire Accucaps Industries Limited (Accucaps), the Canada-based developer and manufacturer of Over-the-Counter (OTC), high potency and conventional pharmaceutical softgels. Financial details of the…

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Intellipharmaceutics submits new drug application for Rexista (oxycodone hydrochloride extended release), an abuse deterrent opioid analgesic for the treatment of moderate to severe pain. Intellipharmaceutics International - Has identified potential manufacturing partners; currently evaluating manufacturing options for Rexista in U.S.   Source : reuters.com

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Hikma Pharmaceuticals PLC (Hikma) , the fast growing multinational pharmaceutical group, announces that its wholly owned US affiliate, West-Ward Pharmaceuticals Corp. (West-Ward), has signed a development and licensing agreement with Vectura for its generic salmeterol product (VR730). Generic salmeterol is a generic long acting beta-agonists (LABA) for the treatment of…

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Aurobindo Pharma Ltd says Arrow Generiques to acquire select assets in France from Teva. Aurobindo Pharma Ltd says Arrow Generiques will integrate the products with existing commercial operations in France. Aurobindo Pharma Ltd says Arrow Generiques and Teva intend to ensure continuity of the supply of the products to the…

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Zhejiang Hisoar Pharmaceutical Co., Ltd. Says it will boost 260 million yuan in its Jiangsu-based bio-medicine unit. Says it will also use 3 million yuan to buy the rest 2 percent stake in the bio-medicine unit. Says the co will hold 100 percent stake in the unit and the unit…

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Drug firm Natco Pharma has received final approval from the US health regulator for generic version of Budesonide capsules used for treatment of active Crohn's disease for the American market. The company has received "final approval of abbreviated new drug application (ANDA) from the US Food and Drug Administration (USFDA)…

Thursday, Nov 24, 2016
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Aurobindo Pharma, Cadila, Mcleods Pharmaceuticals are among the 39 Indian drug companies that have been blacklisted by Vietnam for quality standard violations. The Vietnamese drug regulator has also banned companies in Bangladesh and South Korea. The regulator has listed the names of blacklisted companies on its website without specifying in…