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Japan's Drug Firms Donate Aid to Quake Victims

Japan's pharmaceutical companies have donated medical supplies and millions of dollars in funding for victims of the 9.0 magnitude earthquake that struck the country on Friday. Takeda Pharmaceutical Company hascontributed JPY300m ($3.6m) to aid emergency relief through the ...

UK Allocates 775m for Health Research

The UK Department of Health will allocate 775m ($1.2bn) over the next five years to fund research into treatments that will benefit NHS patients. The funding will be made available to NHS and university partnerships through the National Institute for Health Research. Partnerships ...

World Pharma Manufacturing Summit 2011

Shanghai China March 14-16 Facing intense competition, dwindling margin and growth slowdown, the world pharmaceutical industry spares no effort to reduce manufacturing cost and seek new growing markets. With huge population, fast growing economy and dynamic pharmaceutical ...

Pfizer Rheumatoid Arthritis Drug Meets Primary Endpoint

Pfizer has reported that tofacitinib, an investigational oral JAK inhibitor being evaluated in moderate-to-severe rheumatoid arthritis, has met the primary endpoints of a Phase III study. The drug showed statistically significant changes compared to a placebo for reducing the ...

GAO: Prescription Drugs: Trends in Usual and Customary Prices for Commonly Used Drugs

WASHINGTON, March 14, 2011- Prescription drug spending in 2009 totaled approximately $250 billion, of which $78 billion--or about 31 percent--was spent by the federal government. Prescription drug spending by the federal government, patients, and third-party payers, including ...

Pharma Firms Continue to Supply Aid to Quake-Stricken Japan

Pharmaceutical companies are continuing to provide aid and support for victims of the tsunami and 9.0-magnitude earthquake that struck Japan last week. Abbott is providing $3m through its philanthropic foundation, the Abbott Fund, to support immediate relief efforts. The donation ...

pIMAGO nanopolymer can test cancer drug efficacy against biochemical processes

A Purdue University scientist's nanopolymer would make it easier and cheaper for drug developers to test the effectiveness of a widely used class of cancer inhibitors. W. Andy Tao, an associate professor of biochemistry analytical chemistry and a member of the Purdue Center for ...

FDA Drug Safety Communication: Serious health problems seen in premature babies given Kaletra (lopinavir/ritonavir) oral solution

The U.S. Food and Drug Administration (FDA) is notifying healthcare professionals of serious health problems that have been reported in premature babies receiving Kaletra (lopinavir/ritonavir) oral solution. Kaletra oral solution contains the ingredients alcohol and propylene ...

Shanghai ChemPartner signs outsource research service agreement with Shenogen Pharma

ShangPharma Corporation (NYSE: SHP) ("ShangPharma" or the "Company"), a leading China-based pharmaceutical and biotechnology research and development outsourcing company, today announced that its wholly-owned contract research subsidiary, Shanghai ChemPartner, has signed an ...

Globally Expanding Companies Incur Multiple Taxes

Tompkins Associates Emphasizes Value of Tax-Effective Supply Chain Management Companies often limit operating gains when they overlook their Effective Tax Rate (ETR) while transforming their supply chains for margin improvement, according to Tompkins Associates paper, Leveraging ...

Lilly Warns Against Use of Alcohol Prep Pads By Triad Group Included in Forteo Starter Kits

Pharmaceutical products Eli Lilly and Company (NYSE:LLY) on Thursday cautioned patients not to use the alcohol prep pads made by the Triad Group that are contained in the black starter kits for Forteo [teriparatide (rDNA origin) injection] in the US. The Triad Group is reportedly ...

Japanese Pharma Association Opens Relief Headquarters for Quake Victims

The Japan Pharmaceutical Manufacturers Association has set up an emergency relief headquarters to help the people affected by the 9.0-magnitude earthquake and subsequent tsunami that struck the country a week ago. The association's president, Yasuchika Hasegawa, has vowed to ...

Multilayer Vesicles Make Potent Vaccines

Particles are stable until inside cells Multilamellar vesicles that remain stable outside of cells but release their cargo once they are within cells are showing promise as whole-protein vaccines, researchers at the Massachusetts Institute of Technology (MIT) reported. The ...

New Acquisition Expands Novartis Chinese Vaccine Arm

Novartis has significantly extended its presence into the Chinese vaccine market with the acquisition of majority stake in Zhejiang Tianyuan. The deal, for an undisclosed amount, provides the company with an 85% stake in the business and is expected to facilitate the introduction ...

USP teams up with FDA, CHPA to update quality standards for common medications

As part of its ongoing mission to protect public health, the U.S. Pharmacopeial Convention (USP) is working with the Food and Drug Administration (FDA) and the Consumer Healthcare Products Association (CHPA) to update quality standards for widely used medicines and ingredients. ...

GlaxoSmithKline Supports Japanese Tsunami Relief

UK-based pharmaceutical major GlaxoSmithKline has joined relief efforts to help those affected by the Tohoku Kanto earthquake and tsunami with various aid donations. GlaxoSmithKline will donate 200m yen ( 1.5m) to the Japanese Red Cross to support immediate relief efforts, whilst ...

SGEN, Abbott enter collaboration agreement for ADC products

Seattle Genetics, Inc. (NASDAQ:SGEN) today announced that it has entered into a collaboration agreement with Abbott (NYSE:ABT) under which Abbott will pay an upfront fee of $8 million for rights to utilize Seattle Genetics' antibody-drug conjugate (ADC) technology with antibodies ...

Milk allergy successfully treated with Xolair

By Dr Ananya Mandal, MD A latest study suggests that children with severe milk allergies may be able to rapidly overcome their sensitivities with the help of a biologic drug that helps to quiet an overly aggressive immune response. This is a small study still waiting to be proved ...

UK Pharma Innovation Boosted by Budget

Innovation in the UK pharmaceutical industry is set to receive a boost thanks to new measures described in yesterday's budget by Chancellor George Osborne. An additional 100m is to be invested in science innovation facilities within the country, and reducing clinical trial ...

DOW PuraGuard Propylene Glycol USP/EP Earns First and Only PG Third-party Quality Certification from IPEA

The Dow Chemical Company announced today that the Plaquemine, Louisiana and Freeport, Texas North American manufacturing operations of its newly branded propylene glycol (PG) USP/EP product DOW PuraGuard Propylene Glycol USP/EP has passed key independent quality audits and earned ...
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