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Samsung Biologics completes full acquisition of Samsung Bioepis
Samsung Biologics announced that it has completed the purchase of Biogen’s stake in the Samsung Bioepis joint venture for USD $2.3 billion. With the completion of the first payment of USD $1.0 billion pursuant to the terms of the...
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China Ticks BeiGene PD-1, Can Novartis Bloom In US, Europe
Last year, Novartis chose to purchase its way into the arena after the failure of its PD-1/L1 candidate, spartalizumab. So it reached a deal with China's BeiGene, paying $650 million up front and promising $1.55 billion in milestone payments in...
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Kings College Uses COVID-19 Tech To Treat Heart Attacks
King's College London, a public research university, is using messenger RNA (mRNA) technology to battle the physiological effects of cardiac arrest in the hopes of developing the world's first heart attack treatment. The technology has the ability to reverse...
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Indian Pharma Must Aim Generics- Commerce Industry Minister
To become self-reliant, Union Commerce and Industry Minister of India, Piyush Goyal advised the domestic pharmaceutical sector to develop its generic medicine segment and provide greater synergy between input and output of products. Goyal, speaking at an event organised by the...
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Bora Pharmaceuticals to expand operations with $10m+ investment
Fast-growing contract development and manufacturing organization (CDMO) BORA Pharmaceuticals, has announced a planned investment of $10 million to expand its Oral Solid Dose capabilities across facilities in Zhunan, Taiwan and Mississauga, Ontario.
The company’s CEO, Bobby Sheng, said the expansion,...
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More COVID Cases In Shanghai Lead To Stiffer City-Wide Bans
On April 16th, Shanghai reported a new high for symptomatic COVID-19 cases, while other cities throughout China tightened controls as the country continued its "dynamic clearing" strategy to eradicate the highly communicable Omicron form.
A day before, the Zhengzhou Airport...
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Is It Really Possible To Attain COVID-19 Herd Immunity?
The fresh, new, astonishingly efficient COVID-19 vaccines were rolling out across the US this time last year, injecting a strong note of confidence into the country's formerly stumbling pandemic response.
Hundreds of thousands of people were queuing up every day to get...
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