Novartis Gains Temporary Injunction from Generic Competition of MS Blockbuster Drug Gilenya
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A federal district court judge has ruled in favor of Novartis in granting a temporary injunction barring generic competition for Novartis’ Gilenya (fingolimod hydrochloride), a multiple sclerosis drug. Global product…

Novartis Acquires Takeda’s Dry-Eye Care Drug Xiidra for $5.3 Billion
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Novartis has completed its acquisition of Takeda’s Xiidra (lifitegrast ophthalmic solution), a prescription drug for treating dry eye, in a $5.3-billion deal that includes $3.4 billion upfront and up to…

Lonza To Acquire Sterile Mfg Site from Novartis
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Lonza has entered into a binding contractual agreement for the purchase of a sterile drug-product fill–finish facility in Stein, Switzerland from Novartis. The sterile, multi-product facility currently serves as the…

Pfizer Completes Acquisition of Therachon in $810-Million Deal
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Pfizer has completed its acquisition of Therachon Holding AG, a privately held clinical-stage biotechnology company, in a deal worth up to $810 million. Under the agreement, Pfizer acquired Therachon for…

BMS Completes $1.6-Billion Sale of Consumer Healthcare Business UPSA
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Bristol-Myers Squibb (BMS) has completed its previously announced divestiture of its consumer healthcare business, UPSA, to Taisho Pharmaceutical, an over-the-counter drug company in Japan, for $1.6 billion. BMS had announced…

Former FDA Commissioner Scott Gottlieb Joins Pfizer Board
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Pfizer has announced the election of Scott Gottlieb, MD, the former US Food and Drug Administration (FDA) Commissioner, to its Board of Directors, effective with its announcement on June 27,…

Glenmark Receives Complete Response Letter from FDA for Mfg
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Glenmark Pharmaceuticals, a generics pharmaceutical company, has received a Complete Response Letter (CRL) from the US Food and Drug Administration (FDA) regarding manufacturing issues relating to its new drug application…

Gilead, Carna BioSciences Form $470-Million Immuno-Oncology Pact
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Gilead Sciences and Carna BioSciences, a biopharmaceutical company developing kinase inhibitor drugs for oncology, autoimmune, and neurological diseases, have entered into a research and development collaboration to develop and commercialize…

Akorn Receives FDA Warning Letter
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Akorn, a specialty generic pharmaceutical company, has received a Warning Letter from the US Food and Drug Administration (FDA) related to an inspection by the FDA of its Somerset, New…

Seqens, Ampac, WuXi Biologics and Catalent Expand
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The latest news from CDMOs, CMOs, and suppliers featuring news from Seqens, Ampac, WuXi, and Catalent. Chemicals/Chemical API Manufacturing Seqens to Open New Innovation and Development Center Seqens, a contract development…