Novartis Announces Staff Reductions at Oral Solid-Dose Plant
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Novartis is planning 65 staff reductions at its oral solid-dosage manufacturing facility in Broomfield, Colorado. In October 2017, Novartis announced plans to close the facility, which is owned by its generics…

Rexahn Pharmaceuticals in Cancer Drug Development Pact
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Rexahn Pharmaceuticals, a Rockville, Maryland-headquartered clinical-stage biopharmaceutical company developing therapeutics for treating cancer, has formed a pact with Zhejiang Haichang Biotechnology, a Zhejiang, China-headquartered biopharmaceutical company, to develop Archexin (RX-0201)…

Seattle Genetics, Pieris in Immuno-Oncology Pact Worth up to $1.2 Billion
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Seattle Genetics, a Bothell, Washington-headquartered biopharmaceutical company, and Pieris Pharmaceuticals, a Boston, Massachusetts-headquartered clinical-stage biopharmaceutical company, have partnered to develop multiple targeted bispecific immuno-oncology treatments for solid tumors and blood…

PhRMA Appoints Amgen Chairman and CEO as New PhRMA Chairman
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The Pharmaceutical Research and Manufacturers of America (PhRMA), an industry trade group of innovator, research-based pharmaceutical companies, has appointed three new officers. Robert A. Bradway, chairman and chief executive officer…

Cardinal Health Closes $1.2-billion Divestiture of Distribution Business in China
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Cardinal Health has closed its $1.2-billion divestiture of its Cardinal Health China business to Shanghai Pharmaceuticals Holding, a Shanghai, China-headquartered pharmaceutical manufacturer and healthcare services provider. Cardinal Health announced the…

Teva Announces $17.5-Billion Operating Loss; Restructuring on Track
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FDA Upgrades Status of Pfizer Manufacturing Plant
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The US Food and Drug Administration (FDA) has upgraded the status of Pfizer’s fill/finish manufacturing facility in McPherson, Kansas. Pfizer received a Warning Letter in 2017 following an FDA inspection…

Delmar To Invest $46 Million in Canadian API Manufacturing Plant
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Delmar Chemicals, a LaSalle, Quebec-headquartered manufacturer of active pharmaceutical ingredients (APIs), pharmaceutical intermediates, and other organic fine chemicals, plans to invest $45.8 million to increase production capacity of its LaSalle…

J&J, Theravance Biopharma Partner in Deal Worth up to $1 Billion
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Janssen Biotech, one of the pharmaceutical companies of Johnson & Johnson, has formed a global co-development and commercialization pact with Theravance Biopharma, a South San Francisco, California-headquartered biopharmaceutical company, for…

Novo Nordisk Invests $65 Million to Expand US Finished-Products Mfg Plant
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Novo Nordisk plans to invest $65 million to expand its finished-products manufacturing facility at its Clayton, Johnston County, North Carolina campus. This is the company’s third expansion at the site…