Market News & Trends
ProStrakan Launches First Transdermal CINV Drug; 3M DDS to Manufacture
The European Medicines Agency (EMA) has recently granted approval for ProStrakan Group plc to market SANCUSO (Granisetron Transdermal System) in the European Union (EU), with…
Capsugel Expands Global Manufacturing for Finished Dosage Forms
Capsugel’s Dosage Form Solutions (DFS) business unit recently unveiled extensive upgrades and expansions to three of its manufacturing facilities in the US and Europe, deepening…
Chiesi Farmaceutici SpA & Cornerstone Therapeutics Announce Merger Transaction
Chiesi Farmaceutici S.p.A. and Cornerstone Therapeutics Inc. recently announced that the special committee of the Cornerstone Board of Directors, as well as the boards of…
JHP Pharmaceuticals Enters Ophthalmic Manufacturing Agreement
JHP Pharmaceuticals recently announced it has entered into a manufacturing agreement with an undisclosed pharmaceutical company, which has developed proprietary products that provide sustained and…
Mystic Pharmaceuticals Receives Multiple Patent Allowance on Platform Technologies
Mystic Pharmaceuticals, Inc. recently announced it has received two Notices of Allowance from the US Patent Office for its Unit Dose Drug Delivery Platform (serial…
Veritas Bio’s RNA Delivery Patent Allowed
Veritas Bio, LLC, recently announce that the European Patent Office (EPO) has granted a patent to Veritas for European Patent Application No. 07 873 598.2…
Supernus & Catalent Enter Supply Agreement
Catalent Pharma Solutions and Supernus Pharmaceuticals recently announced they have entered into an agreement in which Catalent is the supplier of Trokendi XR extended-release capsules…
AstraZeneca Pays $50 Million Up-Front for Cancer Drug
Merck and AstraZeneca recently announced a worldwide licensing agreement for Merck’s oral small molecule inhibitor of WEE1 kinase (MK-1775). MK-1775 is currently being evaluated in…
Unilife Signs Long-Term Supply Contract With Sanofi
Unilife Corporation recently announced the signing of a long-term supply contract with Sanofi. Unilife has agreed to supply Sanofi with the Unifill Finesse, a customized…
EPO Grants Hovione New Inhaler Patent
Hovione recently announced the European Patent Office has granted a patent for Hovione’s XCaps, a dry powder inhaler (DPI). XCaps addresses a pulmonary inhalation market…
Catalent Appoints Appoints New Asia Pacific President
Catalent Pharma Solutions recently announced it has named David Heyens in the new role of President of Catalent Asia Pacific. Reporting directly to Catalent’s President…
Amicus Therapeutics & Biogen Idec to Collaborate
Amicus Therapeutics recently announced it has entered a collaboration with Biogen Idec (BIIB) to discover, develop, and commercialize novel small molecules for the treatment of…
Roche & Inovio Enter $422.5-Million Licensing Deal
Roche and Inovio Pharmaceuticals, Inc. recently announced they have entered into an exclusive worldwide license agreement to research, develop and commercialize Inovio's highly optimized, multi-antigen…
FDA Approves Third Drug in BD Simplist Prefilled Injectable Line of Products
BD Rx Inc., a wholly owned subsidiary of leading global medical technology company BD (Becton, Dickinson and Company), recently announced the US FDA has approved…
TesoRx & CoreRx Announce Lucrative Joint Venture
TesoRx Pharma, LLC and CoreRx, Inc. recently announced a manufacturing joint venture to produce TSX-002, a first-in-class oral testosterone drug targeting the $2.5-billion low testosterone…
Rani Therapeutics Secures Funding Led by Google Ventures
Rani Therapeutics recently announced it has closed its Series B round of funding, led by Google Ventures. InCube Ventures, a life sciences venture fund that…
Injectable Dose Formulations Highly Impact Global Pharmaceutical Contract Manufacturing Vendor Revenues
Cost benefits and pharmaceutical companies’ desire to focus on their core competencies has created an increasing need for outsourcing and spurred the global pharmaceutical contract…
Baxter International & Coherus Biosciences Sign $246-Million Pact
Baxter International Inc. and Coherus Biosciences, Inc. recently announced they have entered into an exclusive collaboration to develop and commercialize a biosimilar to etanercept for…
Endo Health Solutions Pays $225 Million for Boca Pharmacal
Endo Health Solutions recently announced that its Qualitest subsidiary has reached a definitive agreement to acquire privately held Boca Pharmacal, a specialty generics company, for…
CRO Market Grows Significantly; BRIC Regions Represent Huge Untapped Opportunity
The total combined peer group revenue from Contract Research Organizations (CROs) increased by 10.2% year-to-year, from $12.4 billion in 2011 to $13.6 billion in 2012,…
