Avista Capital Partners Completes Acquisition of Bristol-Myers Squibb Medical Imaging
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- Category: Bristol-Myers Squibb
Bristol-Myers Squibb Company (NYSE: BMY) and Avista Capital Partners, a leading private equity firm, announced today that Avista has completed its acquisition of Bristol-Myers Squibb Medical Imaging, a business unit of Bristol-Myers Squibb. Bristol-Myers Squibb Medical Imaging is a leading supplier of medical imaging products for nuclear and ultrasound cardiovascular diagnostic imaging procedures.
Genzyme and Isis Announce Strategic Alliance Including Exclusive Worldwide License of Mipomersen
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- Category: Genzyme
Genzyme Corp. (Nasdaq: GENZ) and Isis Pharmaceuticals, Inc. (Nasdaq: ISIS) announced that they have entered a major strategic alliance in which Genzyme will develop and commercialize mipomersen, Isis' lipid-lowering treatment for high risk cardiovascular patients that utilizes novel antisense technology. As part of the strategic relationship, Genzyme will also have preferred access to future Isis drugs for CNS and certain rare diseases.
Pfizer and Taisho Finalize Agreement for Novel Schizophrenia Drug Candidate
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- Category: Pfizer
Pfizer Inc and Taisho Pharmaceutical Co., Ltd. have signed a definitive agreement, which replaces the letter of intent previously signed between the companies, for worldwide (excluding Japan) collaboration to research, develop and commercialize TS-032, a new schizophrenia drug candidate discovered by Taisho, currently in pre-clinical development.
Expanded Labeling for MabCampath® in Europe
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- Category: Bayer
The European Commission has granted marketing authorization to MabCampath® (alemtuzumab) for the treatment of patients with B-cell chronic lymphocytic leukemia (B-CLL) for whom fludarabine combination chemotherapy is not appropriate.
New pharmaceutical candidate Lu AA37096 enters Lundbeck's development pipeline
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- Category: Lundbeck
Lundbeck has initiated phase I clinical studies with Lu AA37096 in order to investigate safety, tolerability and the pharmacokinetic profile of the drug in humans. Lu AA37096 has been discovered based on findings with the unique mechanism of action of escitalopram (Cipralex®) but incorporates effects on a number of additional targets in the brain.
Pfizer Completes Sale of Consumer Healthcare Business
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- Category: Pfizer
Pfizer Inc said that it has completed the sale of its Pfizer Consumer Healthcare business to Johnson & Johnson for $16.6 billion or about $13.5 billion in after-tax proceeds.
Galvus®, a new oral treatment for type 2 diabetes, receives positive opinion
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- Category: Novartis
European health authorities have supported changes proposed by Novartis to prescribing information for Galvus® (vildagliptin), opening the way for the formal regulatory approval of these changes as well as the launch in the European Union of this new oral treatment for patients with type 2 diabetes.
More Pharma News ...
- Pfizer to Acquire CovX to Extend Biotherapeutics Investment
- European Commission Approves ATRIPLA®
- Avista Capital Partners to Acquire Bristol-Myers Squibb Medical Imaging for $525 Million
- Novo Nordisk licenses global rights to potential new haemostasis therapy
- Bristol-Myers Squibb and Gilead Sciences Expand Their Alliance - ATRIPLA®
- AstraZeneca Files Patent Infringement Actions in Response to Crestor⢠ANDAs
- Pharmion and MethylGene Present Favorable Clinical Data