Pharma News

FDA announces two actions to combat drug shortages

Home/Pharma News | Posted 08/11/2013

The US Food and Drug Administration (FDA) announced on 31 October 2013 that it is taking two important actions to further enhance the agency’s ongoing efforts to prevent and resolve drug shortages.

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.