Gerresheimer To Acquire Sensile Medical for $409 Million
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Gerresheimer, a manufacturer of special glass and plastic products to the pharmaceutical industry, has agreed to acquire Sensile Medical AG, an Olten, Switzerland-based medical technology company, in a deal worth…

Wockhardt Sets Up Manufacturing and R&D Facility in Dubai
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Wockhardt, a Mumbai, India-headquartered pharmaceutical company, has inaugurated a new manufacturing facility in Dubai for producing new antibiotics. The facility is designed for producing and packaging sterile dry-powder drugs for…

Amgen Announces Transition Plans for Two Executive Officers
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Amgen has announced transition plans for two of its executive vice presidents (EVPs), Sean E. Harper, MD, EVP of Research and Development (R&D) and Anthony C. Hooper, currently EVP of…

FDA Issues Biosimilar Action Plan
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US Food and Drug Administration (FDA) Commissioner Scott Gottlieb has unveiled the agency’s Biosimilars Action Plan, which is part of the agency’s efforts to increase drug competition to address drug…

Gilead’s Chairman and CEO To Step Down
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Gilead Sciences has announced that John F. Milligan, PhD, President and Chief Executive Officer (CEO) and John C. Martin, PhD, Chairman, will step down from their roles. Milligan will remain…

GSK, 23andMe in Pact for Genetic Drug Development
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GlaxoSmithKline (GSK) and 23andMe, a Mountain View, California-headquartered personal genomics and biotechnology company, have partnered for an exclusive four-year pact that will focus on research and development of new medicines…

Pfizer To Invest $465 Million to Build Sterile Injectables Facility
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Pfizer has announced plans to invest $465 million to build a sterile injectable pharmaceutical production facility in Portage, Michigan. The new 400,000-square-foot production facility will expand Pfizer’s presence in Portage,…

Aceto Wins Court Ruling for Foreign Sourcing of Pharma Ingredients in Gov’t Contracts
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The US Court of Federal Claims has issued a ruling in favor of Acetris Health, a subsidiary of Aceto Corporation, a New York-headquartered distributor of human health products, that invalidates…

FDA Forms Work Group to Develop Drug-Importation Policy Options
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The US Food and Drug Administration (FDA) has formed a new work group to develop focused drug-importation policy options to address access challenges related to certain sole-source medicines with limited…

Sterigenics To Build Gamma Sterilization Facility in UK
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Sterigenics, a provider of contract sterilization, gamma technologies and medical isotopes, is building a new facility in Markham Vale North in Chesterfield/Derbyshire, UK. The new 60,000-square-foot facility will include the…