Pharma News

Union Minister of Chemicals and Fertilisers launches pharma price data bank Pharma price data bank is an integrated pharmaceutical database management system, managed and operated by National Pharmaceutical Pricing Authority The Union Minister of Chemicals and Fertilisers, Ananth Kumar launched pharma price data bank. It is an integrated pharmaceutical database management system, managed and operated by National Pharmaceutical Pricing Authority (NPPA). ... Read More »

AGTC Catapults Premarket on $1 Billion+ Eye Disease Pact With Biogen CAMBRIDGE, Mass. — Biogen, Inc. and AGTC (AGTC), a clinical stage biotechnology company developing adeno-associated virus (AAV)-based gene therapies for the treatment of rare eye diseases, entered into an agreement worth more than $1 billion to develop gene-based therapies for multiple ophthalmic diseases, the two companies announced this morning. ... Read More »

Novartis agrees to buy Spinifex Pharmaceuticals for more than $200m Swiss drugmaker Novartis has strengthened its presence in pain management by agreeing to acquire a US-Australia biotech firm Spinifex Pharmaceuticals for more than $200m. Spinifex is focused on developing a peripheral approach to treat neuropathic pain such as EMA401, a new angiotensin II Type 2 receptor (AT2R) antagonist. EMA401 is ... Read More »

Siemens, BioNTech to develop new personalized cancer vaccines Siemens has entered into a strategic collaboration with BioNTech for the good manufacturing practice (GMP) production of personalized cancer vaccines. Under the deal, BioNTech’s subsidiaries, BioNTech RNA Pharmaceuticals and EUFETS, will work with Siemens to build a fully automated and digitalized production site to provide capacity for BioNTech’s personalized cancer vaccines to ... Read More »

AbCheck and Pierre Fabre Enter Into Strategic Research Partnership  AbCheck s.r.o, a wholly owned subsidiary of Affimed N.V., Heidelberg, Germany, and Pierre Fabre Pharmaceuticals have expanded their ongoing collaboration into a strategic research partnership in the field of human antibody discovery and optimization. Under the expanded agreement, AbCheck will use its proprietary human antibody discovery and optimization platform technologies, AbSieve ... Read More »

SPARC licenses Xelpros to Sun Pharma for US market Sun Pharma Advanced Research Company (SPARC) has licensed out Xelpros, a preservative-free eye drop, to a subsidiary of Sun Pharma for the US market. In addition to up-front payment of USD 3 million, SPARCBSE 2.83 % will receive certain other milestone payments, both totaling to USD 16 million from Sun Pharma, ... Read More »

Cipla’s Stempeutics gets process patent for Stempeucel from Japan Drug major Cipla today said its JV firm Stempeutics Research has received process patent from the Japan Patent Office for novel stem cell drug Stempeucel aimed at treatment of critical limb ischemia (CLI). Stempeutics chief operating officer B N Manohar said: “The new patent strengthens our position in Japan, which have ... Read More »

Enter Sun Pharma for long term, says Sandeep Shenoy Sandeep Shenoy of Pioneer Investcorp told CNBC-TV18, ” Sun Pharmaceutical Industries  is a well-run company where the business models are not impeded, I don’t think the glitches make much of a problem on their business model. Any leader of a sector where there is a small stumble and you get a ... Read More »

Lupin submits fresh studies for two products suspended by EMA Drug firm LupinBSE 0.01 % has submitted fresh studies to the European Medicines Agency (EMA) for two products, which are among 700 generic drugs suspended by the health regulator due to flawed clinical trial data provided by GVK Bio. “The company has successfully conducted the new bio equivalence (BE) studies ... Read More »

Natco Pharma rallies on strong Q4FY15 results MUMBAI: Shares of midcap Natco Pharma surged over 4 per cent in early trade on the back of strong results for quarter ended March 2015. The company’s net profit surged 126.66 per cent in Jan-March quarter to Rs 54.4 crore as compared to a net profit of Rs 24 crore in the corresponding ... Read More »