Keyword: drugmaker

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Valeant $2 Billion Assets Sale Will Pare Debt

16.01.2017 - Canadian-headquartered, US-managed drugmaker Valeant said it will sell around $2 billion worth of assets as it sets about paring down its staggering debt burden of around $30...

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Takeda to Take Ariad for $5.2 Billion

11.01.2017 - On the rebound from its failed drive to acquire Salix Pharmaceuticals from Canadian drugmaker Valeant in November 2016 – Valeant decided to keep the company – Japanese...

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Ebola Vaccine Trials Prove Efficacy

03.01.2017 - An experimental Ebola vaccine initially developed by the Public Health Agency of Canada and the US Army and eventually licensed to Merck, Sharp and Dohme, the international arm of...

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Boehringer in China R&D Pact, Job Cut Plans

05.12.2016 - German drugmaker Boehringer Ingelheim and China Southeast University Institute of Life Sciences have started a joint research project to develop new treatment approaches for...

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GSK Sued by Former Private Investigators

23.11.2016 - Two former private investigators, the British-Chinese husband and wife team of Peter Humphrey and Yu Yingzeng, have filed suit against GlaxoSmithKline (GSK) in a US district court...

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Valeant Selling Salix to Takeda?

03.11.2016 - Valeant Pharmaceuticals is in advanced discussions with Japan’s Takeda to sell its Salix subsidiary for $10 billion, according to the US business newspaper Wall Street Journal. The...

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GSK’s Witty for Responsible Pricing

27.09.2016 - Drugmakers need to learn empathy and not try to defend price hikes that make drugs inaccessible, Andrew Witty, departing CEO of Britain’s largest pharmaceutical producer GSK, told...

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Supervisory Chief Ousted at Stada

29.08.2016 - An extremely bitter proxy battle – rare for Germany – that has rocked generic drugmaker Stada for months culminated in the replacement of supervisory board chairman, Martin Abend...