Sciele Pharma & Victory Pharma agree to terminate merger agreement
International News
Monday, 13 July 2009 18:00
Sciele Pharma, Inc, a US-based group company of Shionogi & Co, Ltd and Victory Pharma, Inc announced that Sciele and Victory Pharma, Inc have mutually agreed to terminate their previously announced merger agreement due to the occurrence of an unforeseen development that occurred after the agreement was signed.
Galapagos to get 5.2 mn Euros milestone payment from osteoarthritis alliance with GSK
International News
Wednesday, 08 July 2009 18:00
Galapagos NV has successfully identified a second pre-clinical candidate compound in its osteoarthritis alliance with GlaxoSmithKline (GSK). Galapagos also reached a milestone on another compound in the alliance. Together these milestones trigger payments totalling €5.2 million to Galapagos.
Aurobindo gets Australia nod for anti-hypertension drugs
International News
Sunday, 01 March 2009 18:00
Drug maker Aurobindo Pharma said on Monday that its Australian subsidiary has received approval from the government agency for registering its anti-hypertension drug Auro-Linsinopril in that country.
US FDA warns public of serious adverse event with psoriasis drug Raptiva
International News
Sunday, 22 February 2009 18:00
The US Food and Drug Administration issued a public health advisory concerning three confirmed, and one possible report of progressive multifocal leukoencephalopathy (PML), a rare brain infection, in patients using the psoriasis drug Raptiva (efalizumab). Three of those patients have died. All four patients were treated with the drug for more than three years. None of the patients were receiving other treatments that suppress the immune system.