Page 13 - Pharma

Johnson & Johnson in talks to acquire Actelion

Switzerland-based Actelion, a biopharmaceutical company that focuses on drugs for rare diseases, reported revenue of Swiss Francs (CHF) 2.05 billion in 2015

Natco receives US FDA approval for generic budesonide capsule

Budesonide capsule (enteric coated) is a gastroenterology medicine used for treating patients with mild to moderate Crohn's disease

Strides Shasun buys Moberg Pharma's PediaCare brand for $ 5 mn

With this acquisition, the company has strengthen its consumer healthcare portfolio

Aurobindo Pharma buys Teva's calcium & vitamin D3 products in France

The company's French subsidiary, Arrow Generiques, will acquire the right & title in calcium and calcium-vitamin D3 products, including the use of Orocal trademark

Cipla divests stake in US-based Chase Pharmaceuticals to Allergan

This follows an agreement by Allergan to acquire Chase by paying $125 million upfront plus potential regulatory and commercial milestones of up to $875 million

Sun Pharma acquires Russia's Biosintez for $ 24 million

Acquisition will enhance local manufacturing capability of Sun Pharma, which also assume a debt of approximately $ 36 million as part of this transaction, in Russia

Suven Life bags product patents in China and Mexico

Patent was granted for the new chemical entities (NCEs) used in the treatment of disorders associated with neurodegenerative diseases

Aster Medcity inks MoU with US-based Thomas Jefferson University

While the collaboration in the initial stage will be for multi-organ transplant program, it will soon be extended to Aster Medcity's bone marrow transplant unit

Bliss GVS Pharma bags $ 111 million contract in Kenya

The company operates an innovative public-private engagement model to address unmet healthcare requirements in Kenya through its chain of clinics and partner service providers

Clariant aims to start Cuddalore healthcare packaging facility in 2017

The company also plans to expand production by adding high-capacity multi-lane production line for its versatile Continu-Strip desiccant packets

FICCI launches self-regulation code of conduct for e-pharmacy

This code is an attempt by the industry to adhere to the highest professional standards and to have proper safeguards so as to ensure that consumer's health and safety is not compromised

Zydus Cadila CMD Pankaj Patel to be next FICCI president

He will take over from Harshavardhan Neotia, chairman of Ambuja Neotia Group

Clariant & Sicpa launch brand protection technology for medical devices in India

Two companies have jointly developed Plastiward, an integrated protection for plastic pharmaceutical packaging and medical devices, for tackling counterfeit problem

Industry draws govt's attention to gaps in Medical Device Rules 2016 draft

Experts feel that there is a need for scientifically well thought regulatory regime which embodies the essence of industry growth and patient safety in equal measure

Sanofi India to collaborate with NIPER Kolkata for pharma education and R&D

Two sides will be collaborate in the areas of pharmaceuticals and consumer healthcare products to cater to the current and future needs of the industry

Smart sourcing of comparators to reduce biosimilars development cost

Sourcing comparators, the reference drugs used during clinical trials of biosimilars, from emerging markets can cost 50% less than developed countries, says Dr Piyush Gupta

Roche launches global initiative for cancer treatment research

The company will invest up to Swiss Francs 100 million (about $ 100 million) to support basic and clinical research collaborations within the imCORE Network

UK's LycaHealth to set up healthcare centre in Chennai

The company, which will initially spend Pound 15 million in the new facility, aims to increase the investment to Pound 75 million over the next five years

Lupin launches Activella generic in US

Activella (estradiol and norethindrone acetate tablets), marketed by Amneal Pharmaceuticals, had annual sales of $ 91.1 million in the US, according to IMS Health

One in every ten children more prone to diabetes in urban India: Study

Reasons for rise in childhood diabetes are high calorie diet, junk food, inactivity, less outdoor games and more of indoor games, according to Assocham study