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Endo Pharmaceuticals is buying US generics’ giant Qualitest Pharmaceuticals for about Euros 850,000 in cash to expand its portfolio of pain drugs. This is its second acquisition in as many months; last month it acquired Penwest Pharmaceuticals for just over Euros 100 million. Shares in US-based Endo were on the rise following the news.
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Generics
News
- FDA approves generic teriparatide and levetiracetam
- US generics launch and approval for Dr Reddy’s and Lupin
- Five Chinese companies join UN’s MPP for Covid-19 medicines
- South Korean companies to make generic Bridion and COVID-19 drugs
Research
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Biosimilars
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- Canada approves pegfilgrastim biosimilar Pexegra
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- FDA approves tocilizumab biosimilar Avtozma
- January 2025 biosimilar approvals in Europe
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