New Treatment Options for EU Patients with Certain Primary Brain Tumors
Schering-Plough Corporation (NYSE: SGP) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMEA) has issued a positive opinion recommending approval of the intravenous (IV) formulation of TEMODAL(R) (temozolomide) as an alternative to the already approved oral form of temozolomide in the EU.
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Merck KGaA Acquires Bio-Fyt Pharma in Belgium
Merck KGaA announced today that it has acquired Bio-Fyt Pharma NV in order to bring critical mass to its Merck Consumer Health Care business in Belgium and to expand its self-medication product portfolio in that market. The privately held Brussels-based company was founded in 1997 and had sales of € 8.6 million in 2007. Bio-Fyt is active in the development, marketing and selling of mobility, women's health and everyday health-protection products.
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Roche signs definitive agreement to acquire Memory Pharmaceuticals
Roche and Memory Pharmaceuticals today announced that the two companies have signed a definitive merger agreement for Roche to fully acquire Memory in an all-cash transaction at a price of approximately USD 50 million.
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GSK and Neptunus form joint venture for the co-development of flu vaccines
GlaxoSmithKline (GSK) has signed an exclusive Cooperation Agreement with Shenzhen Neptunus Interlong Bio-Technique Co. Ltd. (NIBT) as a preliminary step in forming a Joint Venture (JV) between the two companies. The agreement outlines the proposed terms for establishing a JV company, which will seek to co-develop seasonal influenza vaccines and pre-pandemic/pandemic influenza vaccines, firstly targeting against strains of the virus specific to China, Hong Kong and Macau.
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Roche to develop alternative project to planned office high-rise
Roche has decided for technical reasons not to continue with its office high-rise in the form originally planned. It became apparent during the project design phase that the building would not be capable of satisfying key functional requirements despite the high investment.
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AstraZeneca to divest Nordic over-the-counter portfolio
AstraZeneca has announced the divestment to GlaxoSmithKline of a portfolio of over-the-counter (OTC) products predominantly sold in Sweden. The decision reinforces AstraZeneca's strategy to focus on innovation in prescription medicines.
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Sandoz receives positive EU opinion for biosimilar filgrastim
Sandoz has received a positive opinion from European regulators for its third biosimilar medicine, filgrastim, marking another important milestone in its efforts to bring affordable high-quality biopharmaceuticals to patients worldwide.
Filgrastim is indicated for use in treating neutropenia, a condition characterized by lack of neutrophils - one of the most common types of white blood cells - that is often associated with chemotherapy or bone marrow transplants.
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