Pharma News

Drug shortages linked to quality control costs

Home/Pharma News | Posted 22/02/2013

Lack of reward for manufacturing quality is forcing manufacturers of sterile injectable generics to reduce investments into quality system and is leading to drug shortages, according to FDA officials [1].

Sun Pharma ends attempt to gain full control of Taro

Home/Pharma News | Posted 22/02/2013

Sun Pharmaceutical Industries (Sun Pharma) announced on 8 February 2013 that it had given up on its effort to buy the remaining stock of Taro Pharmaceutical Industries (Taro) for about US$685 million after Taro shareholders held out for a higher price.

EC accuses J&J and Novartis of delaying generic fentanyl

Home/Pharma News | Posted 15/02/2013

On 31 January 2013 the European Commission (EC) sent a statement of objections, to US-based Johnson & Johnson (J&J) and Switzerland-based Novartis accusing them of delayed entry of a generic painkiller.

Generic Doxil approval may help alleviate drug shortages

Home/Pharma News | Posted 08/02/2013

FDA announced on 4 February 2013 that the agency had approved the first generic version of the cancer drug Doxil (doxorubicin hydrochloride liposome injection).

Brand-name drugmaker can be sued for harm caused by generic drug

Home/Pharma News | Posted 18/01/2013

On 4 January 2013 the Alabama Supreme Court ruled that Pfizer can be sued for failing to warn about a drug’s risks by a patient who claimed he was injured by a generic version of its gastric reflux medicine Reglan (metoclopramide).

Teva makes South Korean joint venture agreement

Home/Pharma News | Posted 11/01/2013

Teva Pharmaceutical Industries (Teva) announced on 16 December 2012 that it had made an agreement with Handok Pharmaceuticals (Handok) to establish a business venture in South Korea.

Teva cost-cutting and re-organization

Home/Pharma News | Posted 14/12/2012

Teva Pharmaceutical Industries’ (Teva’s) new Chief Executive vowed to reshape the drugmaker and reduce annual costs by up to US$2 billion over the next five years, making it into ‘the most indispensable medicines company in the world’.

Eli Lilly and Strides Arcolab in generics deal

Home/Pharma News | Posted 07/12/2012

Pharma giant Eli Lilly and India-based generics manufacturer Strides Arcolab announced on 5 December 2012 a collaboration to market the latter’s generic cancer drugs in emerging markets.

Sanofi to acquire Colombian generics maker

Home/Pharma News | Posted 12/10/2012

Healthcare major Sanofi announced on 2 October 2012 that it has signed an agreement to acquire Colombian generics manufacturer Laboratorios Genfar (Genfar), making Sanofi a market leader in Colombia and expand its portfolio of affordable pharmaceuticals in Latin America.