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A congressional committee in Brazil has approved a tough new prescribing law, which -- if granted final approval -- could fine private sector health professionals who fail to prescribe according to new rules.
Alliant Pharmaceuticals, Inc. a pediatric specialty pharmaceutical company, has acquired RONDEC(R), a medication for cold and allergy symptoms, from Biovail Corp. (TSX: BVF), a specialty pharmaceutical company based in Ontario, Canada.
Cobra Biomanufacturing Plc (AIM: CBF) and Auxilium Pharmaceuticals, Inc. (Nasdaq: AUXL -- News) jointly announce their agreement for the production and supply of the protein biopharmaceutical AA4500.
Santhera Pharmaceuticals AG ("Santhera") of Switzerland and Takeda Pharmaceutical Company Limited ("Takeda") of Japan announced today that they will collaborate to develop and commercialize Idebenone (SNT-MC17), a small molecule drug for the treatment of Friedreich's Ataxia ("FRDA").
Tsumura and Dainippon Pharmaceutical have decided to return their right to develop and sell lercanidipine hydrochloride, a hypertension drug candidate, in Japan to Recordati, an Italian pharmaceutical.
Astellas Pharma (4503.T: Quote, Profile, Research), Japan's No.2 drug maker, posted a 13 percent rise in quarterly recurring profit on Tuesday, helped by solid sales of high-margin medicines such as blood-pressure drug Micardis, but kept its annual forecast for moderate growth.
An unnamed pharmaceutical company based in Bangladesh is currently in active negotiations with authorities in Zimbabwe to build a new drug manufacturing plant in the country.