Biotech News

Sun Pharmaceutical Industries Ltd. announced that along with Caraco Pharmaceutical Laboratories, Ltd , it had entered into agreements with Forest Laboratories, Inc., Forest Laboratories Holdings, Ltd., and H. Lundbeck A/S to settle the legal proceedings related to Lexapro tablets.

The Food and Drug Administration has approved a highly anticipated blood thinner from Eli Lilly after more than 18 months of review.

India Gazette Thursday 9th July, 2009 Mahindra Satyam renewed a five-year multi-million dollar contract with GlaxoSmithKline to provide system application products and other critical systems support worldwide, the IT services provider said here Thursday.

Thu Jul 9, 2009 4:45pm EDT - Flags fly outside of the Goldman Sachs headquarters building in the financial district of New York May 8, 2009.

Oil prices dropped below $60 a barrel Friday in Asia as investors braced for a slew of company earnings reports next week that will provide clues on the strength of crude demand.Benchmark crude for August delivery was down 68 cents at $59.73 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.

The state Assembly voted unanimously Thursday to approve a bill that gives the city of San Diego more authority over the fate of a colony of harbor seals at the Children's Pool in La Jolla.

AstraZeneca also confirmed plans to continue development of AZD1446 for Alzheimer's disease.

President Barack Obama is adding his personal call to states to get ready for a possible swine flu resurgence in the fall.Obama telephoned the National Institutes of Health all the way from Italy Thursday to tell a meeting of 500 flu officials not to promote panic - but to make sure "we are promoting vigilance and preparation."Saying the potential ...

Merck & Co. and Portola Pharmaceuticals Inc. said Thursday they have signed an exclusive deal to develop and market an experimental drug to prevent strokes in people with a dangerous irregular heart rhythm.

The World Health Organization has approved a cervical cancer vaccine made by GlaxoSmithKline, meaning U.N. agencies and partners can now officially buy millions of doses of the vaccine for poor countries worldwide.

Colabor Income Fund said Tuesday that it will convert to a corporate structure in an arrangement with ConjuChem Biotechnologies Inc.

Scientists report that experiments in animals show that a new, monoclonal antibody drug might safely cure anthrax poisoning in humans.

President Barack Obama will nominate gene guru Dr. Francis Collins to head the National Institutes of Health.

Closing arguments have ended in the state of Alabama 's lawsuit against a California -based drug maker accused of cheating the state's Medicaid program out of millions of dollars.

A new sponsor has emerged to resurrect New York's flagship jazz festival and help support some of the country's largest and oldest jazz events, organizers said Tuesday.

US biotechnology company Gilead Sciences is to set up a new financial centre for its European businesses in Cork, creating 30 new jobs.

A federal appeals court has rejected a lawsuit accusing Abbott Laboratories of antitrust violations over a sudden 400-percent price hike of a popular AIDS drug.

Pfizer this week officially killed plans to open a biotech research center in leased space near UCSF's Mission Bay Campus.

Drugmaker GlaxoSmithKline PLC said Tuesday a study shows its human papillomavirus vaccine Cervarix was effective against the types of HPV that are most likely to cause cervical cancer , but also fought other strains of the disease.

King Pharmaceuticals, Inc. and Pain Therapeutics, Inc. today announced that on July 2, 2009, King met with the U.S. Food and Drug Administration to discuss the Complete Response Letter regarding the New Drug Application for REMOXY .