Content about Pharmaceutical companies

October 7, 2011
Watson files for approval of generic painkiller

Watson Pharmaceuticals is looking to become the first to market a generic version of a painkiller made by Pfizer, the drug maker said Friday.

October 6, 2011
Merck chairman announces retirement

Merck chairman Richard Clark is retiring, the company said Thursday.

October 6, 2011
Merck KGaA, Ono sign agreement for oral MS, cancer drugs

German drug maker Merck KGaA will collaborate with Japanese drug maker Ono Pharmaceutical to develop oral therapies for cancer and multiple sclerosis, Merck KGaA said.

October 6, 2011
Sanofi MS drug shows good results in phase-3 trial

A drug under investigation by Sanofi for multiple sclerosis improved several measures of disease activity in patients, according to results of a late-stage clinical trial.

October 5, 2011
FDA to review Merck, Ariad drug for bone, soft-tissue sarcomas

The Food and Drug Administration has accepted a regulatory approval application from Merck and Ariad Pharmaceuticals for a new drug to treat soft-tissue and bone cancers, the drug makers said Wednesday.

October 5, 2011
Schiff names former Bayer Consumer product development exec to R&D post

Schiff Nutrition International on Wednesday named Shane Durkee SVP research and development.

October 4, 2011
Study: Asthma, COPD markets to see revenue growth, innovation

Growing numbers of Americans with asthma and chronic obstructive pulmonary disease are driving innovation among drug makers, according to a new report by Frost & Sullivan.

October 4, 2011
Taro adds new member to board

Taro Pharmaceutical Industries recently appointed a new member to its board, following the resignation of Hasmukh Shah.

October 4, 2011
Teva, The Medicines Co. settle suit over blood-thinning drug

The Medicines Co. and generic drug maker Teva Pharmaceutical Industries have reached a settlement that will allow Teva to start selling a generic version of one of MDCO's drugs by the end of the decade.

September 30, 2011
Takeda completes Nycomed acquisition

Drug maker Takeda has completed its acquisition of another drug maker.

September 28, 2011
Study: Supermarket pharmacies could benefit from drug patent expiries

Supermarket pharmacies could see a slight rise in gross profits next year as branded drugs lose patent protection and go generic, according to a new report by Moody's Investors Service.

September 27, 2011
AmerisourceBergen acquires TheraCom from CVS for $250 million

AmerisourceBergen on Tuesday purchased TheraCom, a subsidiary of CVS Caremark that provides a wide range of support to pharmaceutical and biotechnology drug manufacturers, including consulting and reimbursement services, for $250 million.

September 21, 2011
Mylan, Roche reach deal over cancer drug

Generic drug maker Mylan has entered an agreement with Hoffmann La Roche concerning its version of an oral chemotherapy drug.

September 15, 2011
GSK, Amicus start phase-3 trial of Fabry disease drug

GlaxoSmithKline and Amicus Therapeutics have started a late-stage clinical trial for a drug to treat a rare genetic disorder, the companies said.

September 13, 2011
GSK Consumer Healthcare taps new chief customer officer

GlaxoSmithKline's Consumer Healthcare division has appointed a former Kraft Foods executive as its new chief customer officer.

September 12, 2011
Biosimilar path to
 take form by patent cliff

It’s hard to disagree that generic drug companies have had a good run for the last several years. Branded drug companies developed a large number of drugs that proved highly effective at treating widespread medical conditions and became blockbusters, garnering billions of dollars in sales in the United States alone.

September 12, 2011
Flip the switch


As the clock winds down on the patent exclusivity of the industry’s biggest blockbuster drug in November, speculation continues to grow that Pfizer will look to flip the switch on an OTC version of Lipitor (atorvastatin) before generic competition whittles away at the $7 billion behemoth. 


September 12, 2011
Genentech files for approval of skin cancer drug

Genentech has applied for Food and Drug Administration approval of a drug for treating skin cancer, the drug maker said Monday.

September 12, 2011
Industry faces new issues concerning generic drug regulations

While settlements constitute the most prominent patent-related issue for generic drugs, two others have cropped up this year as well.


September 8, 2011
Report: Ranbaxy to launch generic Lipitor at end of November

Ranbaxy Labs will launch its generic version of the world's top-selling drug as originally planned, according to published reports.

September 8, 2011
Robert Yates to lead Merck KGaA's life science division

Merck KGaA announced that Robert Yates was named president of Merck Millipore, the drug maker's life science division.

September 7, 2011
GPhA names new president and CEO

The Generic Pharmaceutical Association has named Ralph Neas as its new president and CEO, the group said Wednesday.

September 6, 2011
Pfizer moves to acquire majority stake in Icagen

Pfizer has completed its initial cash tender offer for all the shares of drug maker Icagen that it doesn't already own, Pfizer said Tuesday.

September 1, 2011
Dr. Reddy's, Pfizer settle over Lipitor

Pfizer and Dr. Reddy's have reached a settlement over the latter's efforts to launch a generic version of the world's top-selling drug, according to published reports.

September 1, 2011
GSK announces VP sales Clark Brown departure

GlaxoSmithKline on Thursday announced that 25-year veteran Clark Brown, VP sales at GSK Consumer Healthcare, will be leaving the organization effective Sept. 2.

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