Sentences with word «drugmaker»

** U.S. generic drugmaker Akorn < AKRX.O > is taking former suitor Fresenius to court after the German healthcare group cancelled their $ 4.75 billion takeover agreement.

Shire has long been seen as a likely takeover target and was nearly bought by U.S. drugmaker AbbVie in 2014, until U.S. tax rule changes caused it to walk away.

Capital Markets M&A Pharmaceuticals In what could become Israel's biggest cross-border M&A deal ever, Teva Pharmaceutical Industries made an unsolicited $ 40 billion offer to acquire Mylan, a Pennsylvania - based drugmaker registered in the Netherlands with operational headquarters in the UK.

The approach comes at a time of renewed interest by large drugmakers in smaller biotech firms, with U.S. - based Celgene clinching a deal to buy Impact Biomedicines for up to $ 7 billion on Sunday and Japan's Takeda Pharmaceutical agreeing last week to buy another Belgian biotech group TiGenix for $ 630 million.

Some more info on the AIDS vaccine: «They are ALVAC, from Sanofi Pasteur, the vaccine division of French drugmaker Sanofi - Aventis; and AIDSVAX, originally developed by VaxGen, and now held by Global Solutions for Infectious Diseases, a non-profit founded by some former VaxGen employees.»

The rest have been mired in legal challenges brought by drugmakers such as AbbVie Inc to protect its multibillion - dollar rheumatoid arthritis treatment Humira.

The UK's competition watchdog has accused two drugmakers of charging «excessive and unfair» prices for an anti-epilepsy drug in Britain.

Yet the lack of sales for the two drugs already launched to treat ultra-rare diseases in Europe highlights the hurdles ahead for drugmakers in marketing new, extremely expensive products for genetic diseases.

As the owner of the Caremark pharmacy benefits manager (which negotiates reimbursement rates with drugmakers on behalf of employers), CVS benefits from a steady flow of customers coming into its stores as they get pick up prescriptions.

The pattern repeated itself six months later when Lantus, from French drugmaker Sanofi, was marked up 11.9 percent, and Levemir, made by Novo Nordisk A / S, matched again exactly.

Though executives at large drugmakers, which also routinely enact large price increases for established products, were quick to distance themselves from Shkreli, the House oversight committee seems intent on drawing comparisons across the industry.

ZURICH (Reuters)- Roche's Tecentriq immuno - oncology drug failed a late - stage follow - up trial against advanced bladder cancer, the Swiss drugmaker said on Wednesday, raising questions about whether regulators could scale back their approval of the medicine.

NOVARTIS PARTNERS WITH SCIENCE 37 TO DEVELOP «VIRTUAL TRIALS»: Swiss drugmaker Novartis announced plans to work with virtual clinical trial company Science 37 to develop «remote trial» technology that uses video conferencing to lower the barrier of entry for recruiting study participants, according to Reuters.

Two members of Congress on Wednesday accused big drugmaker Mylan of «bilking taxpayers out of millions of dollars» by underpaying Medicaid in rebates owed on sales of the lifesaving device, as they vowed to recoup that money.

First - quarter results from drugmaker Pfizer and athletic apparel maker Under Armour disappointed Wall Street Tuesday.

The Japanese drugmaker led by a French CEO added cash to a slightly sweeter $ 60 bln bid for Irish rival Shire.

FRANKFURT U.S. generic drugmaker Akorn is taking former suitor Fresenius to court after the German healthcare group cancelled their $ 4.75 billion (3.4 billion pounds) takeover agreement.

LONDON (Reuters)- The threat of slowing demand and new competition in GlaxoSmithKline's flagship HIV drug business unnerved investors in Britain's biggest drugmaker on Wednesday, sending its shares down as much as 1.8 percent.

Swiss food group Nestle is to buy U.S. drugmaker Pfizer's infant nutrition business for $ 11.85 billion, beating out French rival Danone in the battle for dominance of baby food in fast - growing emerging markets.

MÅLOV, Denmark, Nov 21 - Danish drugmaker Novo Nordisk is stepping up its efforts to treat obesity, seeking to tap into a potentially huge market as its established diabetes drugs come under price pressure, particularly in the United States.

MÅLOV, Denmark, Nov 21 (Reuters)- Danish drugmaker Novo Nordisk is stepping up its efforts to treat obesity, seeking to tap into a potentially huge market as prices for its established diabetes drugs come under pressure, particularly in the United States.

«Our understanding of protein structure, the virus and the virus life cycle is allowing us to do things that we didn't think was possible even a few years ago,» says Gary Nabel, chief scientific officer at drugmaker Sanofi and an author on the Nature Medicine paper.

Drugmaker Merck reported a better - than - expected first - quarter profit on Tuesday, helped by a more than 150 percent rise in sales of cancer drug Keytruda.

Chanos also said he is still short embattled drugmaker Valeant Pharmaceuticals.

Investors shifted their focus to whether Pfizer would split after the company terminated a $ 160 billion deal to acquire Irish drugmaker Allergan Plc in April due to new U.S. tax inversion rules.

And Perrigo relocated to Dublin after buying drugmaker Elan in 2013.

Irish drugmaker Shire said on April 24 its board was willing in principle to recommend to shareholders a sweetened 46 billion - pound ($ 64 billion) acquisition offer from rival Takeda Pharmaceutical.

The Israel - based drugmaker reported first - quarter numbers that surpassed analysts» expectations but Wall Street wants to see more.

Small drugmaker Portola Pharmaceuticals this month applied for U.S. approval of a drug called andexanet alfa that rapidly reverses the effect of Xarelto and Eliquis.

But Azar, who led drugmaker Eli Lilly and Co.'s United States operations from 2012 until earlier this year, has contributed significantly to the pharmaceutical industry political spending that the president has decried.

Representatives for the other drugmakers didn't respond to requests for comment.

On Medicare, the government could restrain costs by gaining authority to negotiate prices for prescription drugs, and by reinstating the requirement that drugmakers provide rebates, a policy that generates savings for Medicaid but is barred for Medicare.

Britain's Prime Minister David Cameron said the government would continue to talk to both Pfizer and AstraZeneca after the British drugmaker on Monday rejected a sweetened offer from the U.S. company.

The Beleaguered Canadian drugmaker reiterated that it expects to file its quarterly report with U.S. and Canadian regulators on or before June 10, ahead of a July 31 deadline.

The vaccine from the Mount Sinai researchers is entering the first human safety trials with drugmaker GlaxoSmithKline.

Haemophilia, a hereditary condition affecting more than 100,000 people in markets where specialty drugmakers typically operate, promises to be the first really big commercial opportunity.

In January 2017, he orchestrated the sale of biotech company Ariad to Japanese drugmaker Takeda, for $ 5.2 billion.

LONDON, March 23 - GlaxoSmithKline has withdrawn from the race to buy Pfizer's consumer healthcare business, the British company said on Friday, endangering an auction the U.S. drugmaker hoped would bring in as much as $ 20 billion.

The corporate dueling sets the stage for what could become the most dramatic hostile takeover battle since last year's unsolicited attempt by drugmaker Valeant (VRX) to acquire Allergan, which was ultimately acquired by Actavis (ACT).

Hours later, cancer drugmaker Celgene announced a deal for its partner, Juno Therapeutics, for $ 9 billion.

The allegations follow a judicial investigation into bribes Swiss drugmaker Novartis allegedly paid to boost the sales and prices of its products in Greece.

When drugmaker Allergan announced in early September that it had transferred patents on a best - selling eye drug to the Saint Regis Mohawk Tribe in upstate New York, IP experts were caught flat - footed.

Slaughter and May and Davis Polk & Wardwell have been instructed by Shire to advise the UK pharmaceutical giant on a # 27bn unsolicited takeover bid from US drugmaker AbbVie.

To be marketed under the name Reconcile by Indianapolis - based drugmaker Eli Lilly, the drug is chewable and flavored with a doggie - delectable zing.

Valeant (vrx) said on Monday that Papa, the former head of generic drugmaker Perrigo, would replace Michael Pearson as its CEO.

The cheapest company in that index, which does not include Canada - based Valeant, is still more expensive than Valeant: Fellow troubled drugmaker Endo International (endp), which trades at five times this year's earnings.

The company grew revenue 18 %, to more than $ 11 billion in 2016, and forecasts growth of up to 13 % this year, in part thanks to its acquisition of Swedish drugmaker Meda.

LONDON, April 16 - Shire, the London - listed rare diseases specialist that is a potential takeover target for Japan's Takeda Pharmaceutical, is selling its oncology business to unlisted French drugmaker Servier for $ 2.4 billion.

Martin Sass, whose firm, M.D. Sass, manages $ 7.5 billion, admits that he prefers pharmaceutical companies such as Shire (SHPG) and Actavis (ACT) that are fleshing out their pipelines by snapping up competitors, as well as generic drugmaker Mylan (MYL), which he hopes will give in to Teva Pharmaceuticals» (TEVA) takeover offer.