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India’s Sun Pharma completes $3.2bn merger deal with Ranbaxy

India-based Sun Pharmaceutical Industries has completed the merger with Ranbaxy, as part of a $3.2bn deal. Sun has started integration of the acquired business that allows the firm to become the fifth largest specialty generic pharmaceutical...

Sanofi Pasteur’s Quadracel approved to treat children between the ages of four and six

Sanofi Pasteur has received approval from US Food and Drug Administration (FDA) for its Quadracel (Diphtheria and Tetanus Toxoids and Acellular Pertussis Absorbed and Inactivated Poliovirus; DTaP-IPV) vaccine. The FDA granted approval for the vaccine for...

AstraZeneca and HSCI partner to develop new medicines for diabetes

AstraZeneca has established a five-year research collaboration with Harvard Stem Cell Institute (HSCI) to adapt a technique that creates human beta cells from stem cells. AstraZeneca will use the technique in its screens of compound library...

Agios’s pyruvate kinase deficiency treatment receives FDA orphan drug designation

Agios Pharmaceuticals has received orphan drug designation from the US Food and Drug Administration (FDA) for its investigational medicine AG-348 to treat pyruvate kinase (PK) deficiency, a rare form of haemolytic anemia. PK deficiency is caused...

GSK and CSHL to develop new treatment for obesity and type 2 diabetes

The partnership will identify potent, selective and orally bioavailable small molecules that inhibit PTP1B activity in-vivo following stimulation by insulin and leptin to overcome resistance encountered in diabetes and obesity. Under the multi-year deal, CSHL and...

Takeda and ImmunoGen partner to develop anti-cancer therapeutics

Japanese drug maker Takeda Pharmaceutical Company, through its wholly owned subsidiary Millennium Pharmaceuticals, has signed an agreement with US-based ImmunoGen to develop and commercialise anti-cancer therapeutics up to two undisclosed targets. As part of the deal,...

China’s Innovent and Eli Lilly partner to develop three new cancer treatments

US-based Eli Lilly and Company has partnered with Chinese drug development firm Innovent Biologics to develop and commercialise three cancer treatments over the next decade. The deal will expand the presence of both firms in the...

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