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Aeterna Zentaris & Hikma Ink Pact for Anti-cancer Compound

Aeterna Zentaris & Hikma Ink Pact for Anti-cancer Compound

24 Nov 2011

Hikma Pharmaceuticals will be responsible for the registration and commercialization of perifosine in the Middle East and North Africa region.

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Merck to Pay $950M in Vioxx Settlement

Merck to Pay $950M in Vioxx Settlement

24 Nov 2011

Merck has reached settlement with federal and state authorities over arthritis treatment Vioxx and will pay nearly $1bn in the settlement.

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Pfizer to Acquire Excaliard Pharmaceuticals

Pfizer to Acquire Excaliard Pharmaceuticals

23 Nov 2011

Pfizer has signed an agreement to acquire privately owned biopharmaceutical company Excaliard Pharmaceuticals.

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Gilead to Acquire Pharmasset for $11B

Gilead to Acquire Pharmasset for $11B

22 Nov 2011

Gilead Sciences, the world’s largest maker of HIV medicines, plans to buy Pharmasset Inc. for about $11 billion.

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Sundia Wins 2011 Zero2IPO Venture 50 Award

Sundia Wins 2011 Zero2IPO Venture 50 Award

22 Nov 2011

Sundia MediTech was named one of the 50 best companies for investment in China in 2011 by Zero2IPO.

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Par Pharmaceutical Completes Acquisition of Anchen

Par Pharmaceutical Completes Acquisition of Anchen

21 Nov 2011

Par Pharmaceutical Companies Inc. has announced the completion of the acquisition of privately-held Anchen Pharmaceuticals.

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Eisai Inks Pact with Novartis Pharma for COPD Therapies

Eisai Inks Pact with Novartis Pharma for COPD Therapies

21 Nov 2011

The new co-promotion agreement is a partnership of mutual commitment between Eisai and Novartis Pharma.

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Breast Cancer Drug Avastin Revoked

Breast Cancer Drug Avastin Revoked

21 Nov 2011

FDA is revoking the approval of the breast cancer indication for Avastin after concluding that the drug has not been shown to be safe and effective for that use.

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EMA Recommends Suspension of Buflomedil-containing Medicines

EMA Recommends Suspension of Buflomedil-containing Medicines

18 Nov 2011

According to the EMA, the benefits of buflomedil-containing medicines do no longer outweigh their risks, and marketing of these medicines should be suspended throughout the EU.

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Bayer Aims to Further Expand in Asia

Bayer Aims to Further Expand in Asia

17 Nov 2011

Bayer aims to achieve a more than 60 percent increase in its sales in Asia by 2015, and all the Asian countries are intended to play a part in achieving the sales increase targeted for 2015.

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Genzyme & CF Foundation Announce Collaboration

Genzyme & CF Foundation Announce Collaboration

17 Nov 2011

The collaboration aims to identify compounds known as 'correctors,' which may aid in the ability of the malfunctioning CFTR protein found in CF patients to operate correctly.

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India Postpones Delegation to China for Site Inspection due to Financial Constraints

India Postpones Delegation to China for Site Inspection due to Financial Constraints

17 Nov 2011

Sources said that the delegation has been postponed to the fourth quarter of this financial year as the financial allocation of the ministry for the third quarter has finished.

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