Keyword: generics

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Bayer Fails to Block Cancer Generic in India

16.12.2014 - Bayer has failed in the last round of its effort to block the sale of a cheap generic version of its cancer drug Nexavar in India. In a Dec. 12 decision, the country's Supreme...

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Merck & Co Still Plans to buy Cubist, Despite Patent Setback

11.12.2014 - Merck & Co has said it will proceed with its planned $8.4 billion acquisition of Cubist Pharmaceuticals in the first quarter of 2015 and still expects the deal to boost its long...

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Mylan Trims Forecast Due to FDA Approval Delays

12.08.2014 - US generic drugmaker Mylan has shaved the top end of its full-year revenue and earnings forecasts slightly, citing delays in approval from the US Food and Drug Administration for...

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Teva to Name New Chairman?

15.07.2014 - Teva Pharmaceutical Industries board is to appoint vice-chairman Amir Elstein as its new chairman, activist shareholder Benny Landa has said. "I was informed by Moshe Many, Amir...

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Mylan to Pay Abbott $5.3 Billion for Non-US Business

15.07.2014 - Generic drugmaker Mylan said it plans to acquire Abbott Laboratories' branded specialty and generics business in developed markets outside the US for $5.3 billion. Both companies...

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Eli Lilly Copy of $8 Billion Sanofi Insulin Wins EU Approval

30.06.2014 - The European Medicine Agency (EMA) has recommended approval of Abasria, Eli Lilly's biosimilar version of Sanofi's insulin glargine sold as Lantus. This means that the French...

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Pfizer Abandons $118 billion AstraZeneca Takeover

27.05.2014 - In a move widely expected, Pfizer abandoned its attempt to buy AstraZeneca for nearly £70 billion ($118 billion) on May 26 as a final deadline mandated by British law approached...

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US Court Dismisses Teva Case to Block Generic Copaxone

16.05.2014 - Shortly before expiration of the patent on the multiple sclerosis treatment Copaxone, a US district court has dismissed a case by Teva Pharmaceutical Industries, subsidiary of the...