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Amid negotiations on a U.S. free trade agreement (FTA) with the Andean countries, research-based pharmaceutical firms continue to highlight the key role played by "discriminatory" government drug tenders.
New industry data indicates that a slowdown in Switzerland's drug market is taking hold. At manufacturer prices, sales rose 4.5% in 2004, compared to a 9.7% rise in 2003.
A controversial new legal amendment being drafted in India could reform the country's price controls system, replacing the notorious Drugs Price Control Order (DPCO), which covers 40% of the market.
Med Services Europe GmbH, a "Virtual European Headquarters" for Pharmaceutical and Medical Manufacturers, announced that it has obtained rights to out-license a portfolio of prescription pharmaceuticals.
Privately held drug developer EpiCept Corp. said Tuesday it will purchase Maxim Pharmaceuticals Inc., a San Diego-based drugmaker, for about $136 million in stock.
Beijing Med-Pharm Corporation (BJGP.PK) today announced that it has signed a non-binding letter of intent with Orient International Holding Shanghai Rongheng International Trading Co., Ltd., (" Orient International"), and Shanghai CAS Shenglongda Biotech (Group) Co., Ltd. ("Shanghai CAS") to purchase a majority interest of Shanghai Rongheng Pharmaceutical Company Limited ("Rongheng").
Venus Remedies Ltd on Monday said that it has launched a commercially innovative formulation, a fixed dose combination of Cephalosporins, in domestic markets.
Global nanotechnology company pSivida Limited (NASDAQ:PSDV, ASX:PSD, Xetra:PSI) today announced that it has signed a contract with US based Cirrus Pharmaceuticals, Inc. to accelerate and expand development of a number of specific drug candidates formulated in BioSilicon(TM)to expand a BioSilicon product pipeline of reformulated
drugs.
Sudan is aiming to boost bilateral trade with Bangladesh. The country
is offering bursaries for Bangladeshi students and could boost supplies of skilled workers and pharmaceuticals from the country.