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GlaxoSmithKline (GSK) has settled a 16-year-old tax dispute with the U.S. IRS and will pay the government $3.1 billion, the company announced Sept. 11.
The UK Medicines and Healthcare Products Regulatory Agency (MHRA) has posted a letter on its website proposing a merger of two advisory panels, the Independent Review Panel for Borderline Products and the Independent Review Panel for Advertising.
The
Institute for OneWorld Health, a nonprofit pharmaceutical company, announced that the Drugs Controller General of India has approved Paromomycin Intramuscular Injection for the treatment of visceral leishmaniasis, the second most deadly parasitic disease after malaria, according to the organization.
The Chennai based Medopharm Pvt Ltd announced launch of an antibiotic, cledomox, a combination of amoxicillin and clavulanic acid for treating infections.
Takeda Pharmaceutical Co., the country's largest drugmaker, will build a new laboratory by March 2011 to enhance its development of new drugs, company sources said.
King Pharmaceuticals, Inc. has entered into a definitive asset purchase agreement and related agreements with Ligand Pharmaceuticals Incorporated to acquire rights to Avinza (morphine sulfate extended release).
Japanese pharmaceutical companies Taisho Pharmaceutical Co. Ltd. and Tokuhon Corporation have entered into a collaboration for the development and sales of an anti-inflammatory analgesic patch formulation that contains the ingredient S-flurbiprofen.
Ranbaxy Laboratories Ltd has announced that the company has received approval from the U.S. Food and Drug Administration (USFDA) to manufacture and market Loperamide Hydrochloride and Simethicone Tablets, 2 mg / 125 mg (OTC).
In the largest-ever synchronized polio vaccination campaign in Somalia, Ethiopia and Kenya will simultaneously vaccinate millions of children under 5 years of age, the World Health Organization (WHO) said.