Keyword: Pharmaceuticals

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India's Sun Pharma Wins over Taro with Higher Offer

13.08.2012 - India's Sun Pharmaceutical Industries has upped the buy-out price for its Israeli unit Taro Pharma by 60%, winning over Taro's board and ending a long battle to gain full control...

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US Seeks Info on Drug Diversion from AmerisourceBergen

10.08.2012 - AmerisourceBergen said it received subpoenas from U.S. prosecutors and the Drug Enforcement Administration seeking information on how the company monitors for potential diversions...

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Hikal Q1 Net Sales Up by 16%

10.08.2012 - Hikal announced its financial results for the first quarter ended 30th June, 2012. Performance highlights for the Quarter ended 30th June, 2012 Net sales up by 16% to Rs. 165 crore...

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AstraZeneca Buys Equal Say over Amylin Drugs

10.08.2012 - AstraZeneca has opted to pay a further $135 million to Bristol-Myers Squibb to get an equal say in decision-making regarding drugs developed by Amylin Pharmaceuticals, the diabetes...

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Novo Nordisk Raises Targets on Victoza, Insulin Demand

09.08.2012 - Denmark's Novo Nordisk hiked its full-year sales and profit targets after rising demand for diabetes drug Victoza and insulins helped the company beat second-quarter expectations...

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Momenta Set Back as Court Lifts Blood Clot Drug Halt

04.08.2012 - A divided federal appeals court overturned an order in favor of Momenta Pharmaceuticals that had blocked Watson Pharmaceuticals from selling a generic version of the blood-thinning...

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Lundbeck in Deal with Teva over Copycat Antidepressant

03.08.2012 - Danish pharmaceutical group Lundbeck has agreed a deal with Israel's Teva over a copycat version of the Danish company's antidepressant drug Cipralex, it said on Thursday. While a...

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Pfizer Beats Forecasts, Helped by Cost Cuts

31.07.2012 - Pfizer reported higher-than-expected quarterly earnings, helped by cuts in research spending and other costs, and affirmed its 2012 profit forecast despite the negative impact of...