Page 20 - Pharmaceutical
Dr Reddy's acquires 6 OTC brands from Ducere Pharma in US
With this, the Hyderabad based pharma major has entered the branded consumer health market in the US
 "Dr Reddy's acquires 6 OTC brands from Ducere Pharma in US")
Ajanta Pharma receives US FDA approval of antifungal voriconazole tablet
Voriconazole is the generic version of Vfend, manufactured by PF Prism CV
 "Ajanta Pharma receives US FDA approval of antifungal voriconazole tablet")
Novartis to create two units to focus on pharma and oncology
The new structure reflects the importance of oncology to Novartis following the successful integration of the oncology assets acquired from GSK
 "Novartis to create two units to focus on pharma and oncology")
Suven Life bags product patents for NCEs in Australia, Eurasia, Israel and US
The patents have been granted to the company's new chemical entities (NCEs) for CNS therapy through mechanism of action - H3 inverse agonist
Ajanta Pharma receives US FDA nod for migraine drug zolmitriptan
Zolmitriptan tablet is a generic version of Zomig, a registered trademark of AstraZeneca
 "Ajanta Pharma receives US FDA nod for migraine drug zolmitriptan")
India and Japan to seek regulatory collaboration for medical products
The Japan has extended support to Government of India for Indian regulators' skill enhancement through its Asia Training Centre
 "India and Japan to seek regulatory collaboration for medical products")
Pharma exports to witness a sharp fall as value of off-patent drugs declines
While the exports witnessed growth of 19 percent in the last decade, it is expected to decline sharply to 10-12 percent annually over the next 5 years, says a Crisil Research report
 "Pharma exports to witness a sharp fall as value of off-patent drugs declines")
Strides Shasun to divest UK arm for Rs 240 crore
Shasun Pharma Solutions Ltd (SPSL), which is into CRAMS API business, will be bought by the current management team of SPSL
 "Strides Shasun to divest UK arm for Rs 240 crore")
Strides Shasun's Australian arm inks supply pact with Pharmacy Alliance
The new agreement also includes investment by Arrow Pharmaceuticals, Strides Shasun's Australian subsidiary, in Pharmacy Alliance's plans for growth and retail innovation
 "Strides Shasun's Australian arm inks supply pact with Pharmacy Alliance")
Aurobindo Pharma receives US FDA nod for hydromorphone tablet
Hydromorphone hydrochloride tablet, used to relieve moderate to severe pain, has an estimated market size of $ 50 mn for the twelve months ending March 2016, according to IMS
 "Aurobindo Pharma receives US FDA nod for hydromorphone tablet")
Mylan acquires Renaissance's dermatology biz for $ 1 bn
With this acquisition, the company will have critical mass in the dermatology/topicals area and catapult to a leading position in this space, says Rajiv Malik, president, Mylan
 "Mylan acquires Renaissance's dermatology biz for $ 1 bn")
Pfizer to buy biopharma firm Anacor for $ 5.2 bn
Anacor will be a strong fit with Pfizer's innovative business, further supporting its strategic focus on inflammation and immunology
 "Pfizer to buy biopharma firm Anacor for $ 5.2 bn")
AMRI buys Italian API maker Euticals for $ 358 mn
The deal positions AMRI as one of the largest independent developers and suppliers of API to the pharmaceutical industry
 "AMRI buys Italian API maker Euticals for $ 358 mn")
