Pharma News

Australia should not copy New Zealand’s drug pricing system

Home/Pharma News | Posted 25/10/2013

Australia should resist ongoing pressure to adopt a New Zealand-style model of medicines funding, according to Medicines Australia, a group that represents originator manufacturers.

US state introduces law to allow meds to be bought over Internet

Home/Pharma News | Posted 18/10/2013

On 9 October 2013, the US state of Maine introduced a law allowing its residents to purchase foreign prescription drugs over the Internet.

India approves Mylan’s purchase of Agila

Home/Pharma News | Posted 11/10/2013

Generics giant Mylan announced on 3 September 2013 that its proposed acquisition of generics injectables maker Agila Specialties (Agila) from Strides Arcolab for Rs 5,168-crore (US$1.6 billion) had been cleared by the Indian Government.

Johnson & Johnson warns of shortages of cancer drug Doxil

Home/Pharma News | Posted 04/10/2013

Janssen Pharmaceutical Companies (Janssen), a division of healthcare giant Johnson & Johnson, has warned of impending shortages of its ovarian cancer drug Doxil (doxorubicin).

Sandoz launches new device for its biosimilar somatropin

Home/Pharma News | Posted 27/09/2013

Sandoz, the generic drug division of Swiss drug giant Novartis, announced on 23 September 2013 the launch of a new delivery device for its biosimilar somatropin product (Omnitrope) in the UK.

Akorn to buy Hi-Tech Pharmacal for US$640 million

Home/Pharma News | Posted 13/09/2013

Generic eye-drugmaker Akorn has entered into a deal to buy Hi-Tech Pharmacal (Hi-Tech) for US$640 million in cash to expand into oral liquids and ointments, including cold and cough treatments.

Endo to buy specialty generic drugmaker Boca Pharmacal

Home/Pharma News | Posted 06/09/2013

Specialty pharmaceutical maker Endo Health Solutions (Endo) announced on 28 August 2013 that its generics subsidiary, Qualitest, has agreed to buy specialty generic drugmaker Boca Pharmacal (Boca) for US$225 million in cash.

Actavis and Bioton form joint venture for insulin

Home/Pharma News | Posted 03/02/2012

Icelandic generics manufacturer Actavis announced on 30 January 2012 that it had formed a joint venture company with Polish biotechnology company Bioton for the development and registration of insulin products, including analogue insulins.

Philippines urged to import drugs from Bangladesh

Home/Pharma News | Posted 10/05/2013

The Prime Minister of Bangladesh, Ms Sheikh Hasina, on 5 May 2013 urged the Philippines to import pharmaceutical products from Bangladesh, particularly for the countries governmental hospitals and clinics, due to the significant cost-savings to be made.

Generics manufacturers increase investment in injectables

Home/Pharma News | Posted 30/08/2013

Generic drugmaker Zydus Cadila, the fifth largest pharmaceutical company in India, is set to invest about US$15.8 million in building an FDA-approved injectables-manufacturing plant. The news in August 2013 came just as Aurobindo Pharma announced plans to spin-off its injectables business to strengthen that side of its operations further.