International Business News - Drugs & Healthcare http://hk.ibtimes.com/subsection/companies/drugshealth.htm All articles are copyrighted by IBTimes.com 400 100 http://hk.ibtimes.com/ http://hk.ibtimes.com/images/top_logo_ibt2_3.gif Teva Pharmaceutical said Friday it will buy rival generic drugmaker Barr Pharmaceuticals for nearly $7.5 billion in a move that will boost Teva's dominance as the world's biggest generic drugmaker. http://hk.ibtimes.com/articles/20080721/teva.htm Mon, 21 Jul 2008 08:35:34 EDT Glenmark Generics Ltd, a unit of India's Glenmark Pharmaceuticals Ltd, has received the nod from the US Food and Drug Administration (USFDA) for the sale of its generic version of anti-hypertension drug, Trandolapril. http://hk.ibtimes.com/articles/20080624/glenmark-usfda-anti-hypertension-drug-trandolapril.htm Tue, 24 Jun 2008 11:00:11 EDT Philip Morris USA, the nation's No. 1 tobacco company, said Monday it has ended test markets of Marlboro-branded cigarettes that use a high-technology filter. http://hk.ibtimes.com/articles/20080624/philip-morris.htm Tue, 24 Jun 2008 09:18:30 EDT India's largest generics durgmaker Rnbaxy Laboratories, which has agreed to become a subsidiary of Japanese drugmaker Daiichi Sankyo for $4.6 billion, pulled off a coup of sorts, announcing it has settled certain patent disputes with Pfizer over its $13 billion blockbuster anti-cholesterol drug Lipitor (generic name Atorvastatin) and other drugs. http://hk.ibtimes.com/articles/20080616/ranbaxy-settles-patent-dispute-pfizer-lipitor-drugs.htm Mon, 16 Jun 2008 15:59:29 EDT In what is seen as India's biggest acquisition deal in the pharmaceutical sector, Japanese drugmaker Daiichi Sankyo Co. said it has reached an agreement with India's largest generics drugmaker Ranbaxy Laboratories Ltd. which will see the former acquire the latter's majority stake for around $4.6 billion (£2.3 billion). http://hk.ibtimes.com/articles/20080614/japanese-drugs-maker-daiici.htm Sat, 14 Jun 2008 12:30:16 EDT U.S. senator Charles Grassley asked to scrutinize if the drug maker GlaxoSmithKline Plc withheld safety information that linked its drug Paxil to suicide risk. http://hk.ibtimes.com/articles/20080613/fda-scrutinize-glaxo-antidepressant-data.htm Fri, 13 Jun 2008 15:00:16 EDT Martek Biosciences Corp. said on Wednesday its second quarter net income was $9.2 million or 28 cents a share, surpassing analysts forecasts. http://hk.ibtimes.com/articles/20080606/martek.htm Fri, 06 Jun 2008 09:23:11 EDT Merck & Co. reported a Phase III trial which studies odanacatib for the treatment of osteoporosis in postmenopausal woman is underway which will include tests for breast and prostate cancer. http://hk.ibtimes.com/articles/20080530/merck.htm Fri, 30 May 2008 09:31:26 EDT Biopharmaceutical group Favrille Inc. shares slumped near 90 percent on Tuesday after the company said it will stop the development of its lead cancer drug, Specifid, as it failed to meet a strategic goal in a late stage trial. http://hk.ibtimes.com/articles/20080528/favrille-inc.htm Wed, 28 May 2008 10:47:25 EDT Today the company said the new formulation of Zenvia will improve the cardiovascular risk profile since it offers a lower exposure to the pharmaceutical agent quinidine http://hk.ibtimes.com/articles/20080528/avanir-039-diabetic-drug.htm Wed, 28 May 2008 10:42:24 EDT The total import value of Chinese herbal medicines rose 11.8% last year to $1.69 billion, with a significant portion consumed locally, a Census & Statistics Department study has found. http://hk.ibtimes.com/articles/20080522/chinese-medicine-import.htm Thu, 22 May 2008 12:09:09 EDT Anti-Smoking pill Chantrix from Pfizer Inc. was banned today by the Federal Aviation Administration for its use by pilots and air traffic controlers, after a study showed dangerous side effects. http://hk.ibtimes.com/articles/20080522/pfizer-039-chantrix.htm Thu, 22 May 2008 08:45:43 EDT Merck & Co. said on Tuesday it agreed to pay $58 million to settle allegations that its ads for the once-popular painkiller Vioxx deceptively played down the health risks in 29 states, including the District of Columbia. http://hk.ibtimes.com/data/articleimgs/2027-merck-to-pay-58-mil-to-settle-vioxx-advertising-case.jpg http://hk.ibtimes.com/articles/20080521/merck.htm http://hk.ibtimes.com/articles/20080521/merck.htm Wed, 21 May 2008 09:34:24 EDT Immucor Inc. replied on Tuesday to a warning letter from the Food and Drug Administration that pointed out problems of manufacturing practices in the company. http://hk.ibtimes.com/articles/20080514/immucor.htm Wed, 14 May 2008 11:34:38 EDT Natus Medical Inc. developer and manufacturer of medical devices fore newborns said Tuesday it is planning to make a public offering of 3.5 million common shares. http://hk.ibtimes.com/articles/20080514/natus-medical.htm Wed, 14 May 2008 11:26:28 EDT Stryker Corp. said today it will invest $50 million in 2008 to improve its quality systems and compliance at the time it deals with three warning letters from the U.S. Food and Drug Administration. http://hk.ibtimes.com/articles/20080509/stryker.htm Fri, 09 May 2008 08:40:34 EDT Mylan Inc. manufacturer of generic pharmaceutical products said on Thursday an extended first quarter loss and a large increase on its revenue triggered by the purchase of Merck KGaA in October. http://hk.ibtimes.com/articles/20080509/mylan.htm Fri, 09 May 2008 08:37:37 EDT United Drug said that its dividend per share also rose 13 per cent to 2.23 cents. http://hk.ibtimes.com/articles/20080507/united-drug.htm Wed, 07 May 2008 14:44:00 EDT The number of cuts represents 15 percent of Merck's US sales force of 8,500 at the beginning of 2007. Affected employees will be notified by the end of May and they will leave by the end of July with http://hk.ibtimes.com/articles/20080506/merck.htm Tue, 06 May 2008 08:38:20 EDT Shares of health care equipment and supply companies rose in early trading Friday, one day after Varian Medical Systems Inc. said its first-quarter profit topped Wall Street's estimates. http://hk.ibtimes.com/articles/20080424/health-care.htm Thu, 24 Apr 2008 14:44:38 EDT