Pharma News

Dr Reddy’s buys Wockhardt plant and Strides acquires 18 ANDAs

Home/Pharma News | Posted 10/04/2020

Dr Reddy’s Laboratories (Dr Reddy’s) is to acquire US$260 million worth of Wockhardt’s business including a major manufacturing facility in India, while Strides is to acquire 18 abbreviated new drug applications (ANDAs) for the US market.

FDA’s response to coronavirus

Home/Pharma News | Posted 03/04/2020

In response to the coronavirus pandemic, the US Food and Drug Administration (FDA) has issued a comprehensive statement regarding effects on the supply chain and inspections of plants overseas.

Roche continues litigation in India and receives fine in Romania

Home/Pharma News | Posted 27/03/2020

Switzerland-based pharmaceutical giant Roche is continuing to pursue legal action in India over a trastuzumab similar biologic and has recently been fined in Romania for delaying the entry of biosimilars to the market.

New biosimilars partnerships from Alvotech and Biocon

Home/Pharma News | Posted 13/03/2020

Alvotech has formed an exclusive partnership with JAMP Pharma (JAMP) for the commercialization of its biosimilars in Canada, while Biocon has expanded its collaboration with Equillium to include Australia and New Zealand.

Amgen to buy out Japanese partner Astellas

Home/Pharma News | Posted 06/03/2020

US-based biotech giant Amgen has announced that it will dissolve its joint venture with the Japanese company Astellas in order to operate the unit independently. This means Astellas will become a wholly-owned Amgen affiliate.

Celltrion to build facility in China and increase new drug output

Home/Pharma News | Posted 28/02/2020

South Korean biotechnology company Celltrion has announced plans to build its first overseas factory in China. The company also intends to release one new biosimilar per year until 2030.

Merck to create spin off for women’s health and biosimilars

Home/Pharma News | Posted 21/02/2020

US pharma giant Merck is to create a spin-off company for its women’s health, biosimilars and legacy products, allowing the main company to focus on blockbuster cancer drug Keytruda (pembrolizumab).

US health insurers partner with generics maker Civica

Home/Pharma News | Posted 14/02/2020

The Blue Cross Blue Shield Association (BCBSA), a federation of health insurers in the US, has formed a partnership with generics manufacturer Civica Rx to reduce the costs of generic drugs.

Coherus signs licensing deal for bevacizumab biosimilar in the US

Home/Pharma News | Posted 07/02/2020

US-based Coherus BioSciences (Coherus) announced on 13 January 2020 that it had entered into a licensing agreement with Chinese biopharmaceutical firm Innovent Biologics (Innovent) for its bevacizumab product, IBI305.