Biotech and Pharmaceuticals Pharmaceuticals

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  • BRUSSELS, July 8- German drugmaker Boehringer Ingelheim has offered concessions in an attempt to win EU antitrust approval for its $20 billion asset swap with France's Sanofi, which would make it the second-largest company in the global animal health market. Notice of the offer was published on the European Commission's website on Friday without providing...

  • July 8- Amgen Inc's biosimilar form of AbbVie Inc's Humira arthritis drug, the world's top-selling medicine, is similarly potent and safe as the original product, according to a preliminary review by staff members of the U.S. Food and Drug Administration. The assessment precedes an all-day meeting on Tuesday of an independent panel of medical advisers who will...

  • Juno Therapeutics

    The FDA has put a clinical hold on a phase 2 clinical trial of one of its products after two patients died last week.

  • Martin Shkreli (C), former chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals, departs following a hearing at a U.S. federal court in New York City on June 6, 2016.

    Shkreli sought "advice for a new and wealthy player" on a Reddit thread about the game Magic.

  • The 10 most-expensive prescription drugs

    Prescription drug prices have soared, often exceeding US average annual income. These are the five most expensive. CNBC's Dina Gusovsky reports.

  • July 7- Ablynx's hopes for a potential multibillion-dollar drug were boosted on Thursday by strong clinical trial results in rheumatoid arthritis, vindicating a $175 million bet placed on the product by U.S. pharma group AbbVie in 2013.. Shares in Ablynx jumped 15.1 percent to 13.27 euros by 0948 GMT. "We're getting really stand-out data, which is great, and it is...

  • July 6- Pfizer Inc and German drugmaker Merck KGaA on Wednesday said they had begun a late-stage trial of their immuno-oncology drug avelumab in combination with standard treatment for ovarian cancer. The 950- patient study will enroll patients with advanced ovarian cancer who have not previously been treated for the disease, which is diagnosed annually in...

  • Stefano Pessina

    Walgreens' Pessina estimates that the combined company will have to sell roughly 500 stores in order to gain regulatory approval from the FTC.

  • Opioids

    Pfizer will disclose that painkillers can carry serious risk of addiction and promised not to promote opiates for unapproved uses.

  • Government expands access to drug that treats opioid abuse

    The federal government aims to fight the growing epidemic of opioid abuse in the US.

  • *Accord with Walter Reed Army Institute of Research. PARIS/ LONDON, July 6- French drugmaker Sanofi said on Wednesday it had struck a research and development deal with the U.S. Army to speed up the development of a vaccine against the mosquito-borne Zika virus. The tie-up with the Walter Reed Army Institute of Research in the United States gives Sanofi access to a...

  • Pharmaceuticals pills drugs

    U.S. cancer drug company Medivation is discussing opening its books to Sanofi, people familiar with the matter said on Tuesday.

  • *EBA and EMA agencies seen leaving London post Brexit. *Milan mayor visits London as EU cities promote themselves. MILAN/ LONDON, July 5- Milan's new mayor Giuseppe Sala will fly into London on Wednesday, stepping up a battle between European cities competing to wrest two prestigious European Union agencies from London in the wake of Britain's vote to leave the...

  • ZURICH, July 2- Swiss drugmaker Roche plans to cut around 350 IT jobs by the end of 2017, a spokesman said on Saturday, confirming a report by the Basler Zeitung newspaper. Roughly 100 positions will be cut in Switzerland with another 100 in the United States, the spokesman said, adding the rest of the cuts would be spread across a number of countries, mostly in Europe.

  • MUMBAI, July 1- The UK's healthcare regulator has decided to suspended marketing approval for a widely used antibiotic that had won clearance based on clinical trials conducted by India's Quest Life Sciences, due to concerns over the integrity of trial data. The MHRA's decision bars the sale of a generic version of erythromycin that is being sold in the UK by...

  • MUMBAI, July 1- The UK's healthcare regulator has suspended marketing approval for a widely used antibiotic that had won clearance based on clinical trials conducted by India's Quest Life Sciences, due to concerns over the integrity of trial data. The MHRA's decision bars the sale of a generic version of erythromycin that is being sold in the UK by Dawa Ltd, a...

  • June 29- Irish drugmaker Shire Plc said a study testing an experimental drug to treat attention-deficit disorder met the main goal, bringing the drug one step closer to approval in the United States. The company's shares were up 3 percent at 4381 pence at 12.52 GMT on the London Stock Exchange on Wednesday. Shire, which sponsored an awareness campaign on ADHD that...

  • The group had sued the FDA, claiming the agency failed to regulate toxic chemicals found in antimicrobial soap and other personal care products. NRDC's senior attorney Mae Wu said the FDA action was "long overdue". "We believe that the FDA has a wealth of data on hand sanitizers in their possession to judge them as generally recognized as safe and effective," the...

  • June 29- The U.S. Food and Drug Administration said it is requesting additional data to support the safety and effectiveness of certain active ingredients used in topical consumer antiseptic rubs, including hand sanitizers, that are sold over-the-counter. The request for more data is intended to help the agency ensure that regular use of these products does...

  • June 29- The U.S. Food and Drug Administration said it is requesting additional data to support the safety and effectiveness of certain active ingredients used in topical consumer antiseptic rubs, including hand sanitizers, that are sold over-the-counter. The request for more data is intended to help the agency ensure that regular use of these products does...