ratiopharm to become the hub for Teva's European growth strategy
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- Category: Financial
The ratiopharm Group gets a new owner. Subsequent to an extensive bidding process, the Israel-based company Teva Pharmaceutical Industries Ltd. is going to acquire the Ulm based company from Merckle Group's VEM asset management. The agreed enterprise value is € 3.625 billion.
GlaxoSmithKline update: Government orders for pandemic H1N1 vaccine
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- Category: GlaxoSmithKline
GlaxoSmithKline has been working closely with governments around the world to respond to their pandemic needs since the start of the H1N1 pandemic. We recognise that pandemics are unpredictable and that government needs and plans have evolved as understanding of the H1N1 pandemic has increased.
Stimuvax Clinical Program Temporarily Suspended
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- Category: Merck Group
Merck KGaA has temporarily suspended the clinical program for Stimuvax® (BLP25 liposome vaccine) in all recruiting studies worldwide as a result of a suspected unexpected serious adverse reaction (SUSAR).
Pfizer Signs Long-Term Agreement to Supply Prevenar 13 to The World's Poorest Countries
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- Category: Pfizer
Pfizer Inc. (NYSE:PFE) has signed a 10-year Provisional Supply Agreement to supply Prevenar 13* (Pneumococcal Polysaccharide Conjugate Vaccine [13-valent, adsorbed]), the company's 13-valent pneumococcal conjugate vaccine, for infants and young children in the world's poorest countries under the terms of the Advance Market Commitment (AMC) pilot project against pneumococcal disease.
Saudi Food and Drug Authority Suspends The Authorisation of Rosiglitazone (Avandia®)
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- Category: Product
The Saudi food and Drug Authority has reviewed the safety of Rosiglitazone (Avandia®) which used in treatment of type 2 diabetes mellitus and marketed in Saudi Arabia as Avandia®.
Abbott Completes Acquisition of STARLIMS Technologies
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- Category: Abbott
Abbott (NYSE: ABT) has completed its $123 million acquisition of STARLIMS Technologies Ltd., a leader in laboratory information management systems. The acquisition provides Abbott with leading products and expertise to build its position in laboratory informatics, an emerging and rapidly growing field focused on helping to manage the increasing amount of data generated in laboratories.
Jury Rules In Favour of AstraZeneca in First US Seroquel Product Liability Trial
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- Category: AstraZeneca
AstraZeneca announced that a jury in a New Jersey state court in the US ruled in favour of AstraZeneca by rejecting a Louisiana plaintiff's claims that SEROQUEL caused his alleged injuries.
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