Pharmaceutical & Biotech
News and Insights
Teva to buy Auspex
Teva announced that they have entered into a definitive merger agreement with Auspex Pharmaceuticals. Teva will pay $101 per share, or about $3.2 billion for ...
New Alzheimer's R&D project
With the number of people with dementia expected to triple by 2050, several industry giants are investing in a $100 million effort to find effective ...
Astellas awarded FDA approval
Astellas was awarded FDA approval for Cresemba, an antifungal treatment for two rare but dangerous infections that commonly affect patients undergoing chemotherapy or who have ...
Supply switch causing delays and cost changes for Genentech’ cancer drugs
A recent survey conducted by a hospital services company, Novation, has shown that since Genentech moved its best-selling cancer drugs to specialty distributors there have ...
Baxter Picks HQ Location for its Biopharma Spinoff
Baxalta Incorporated, will set up shop in a 260,000 square foot building located in Bannockburn, IL, a short 6 mile trip up the road from ...
Eisai gets an early FDA Approval
The FDA as awarded an early approval to Eisai for its new thyroid cancer drug. Lenvatinib, which will sell as Lenvima blocks the growth agent ...
Millennium to become Takeda Oncology
Millennium, a Massachusetts based company that was purchased by Takeda in 2008, will soon become Takeda Oncology. The rebranding of the iconic biotech and an ...
Merck to buy Cubist
As part of a plan to focus on its most promising businesses, Merck & Co. has entered an agreement to buy Cubist Pharmaceuticals. The cost ...
Dendreon Files for Bankruptcy
Despite numerous cost cutting measures, Dendreon has filed for Chapter 11 bankruptcy protection. It wasn't too long ago that things looked promising for the company ...
Employee Numbers at Top 10 Pharma Companies
With so many patents expiring in 2012, it was not unexpected that the ten largest big pharma companies would have fewer employees by the end ...
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