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Pharmaceutical

Raptor Pharmaceutical Drug Meets Goal in Clinical Trial

Shares of Raptor Pharmaceutical Corp. retreated from annual highs Monday after the company said its most advanced drug candidate met its main goal in a late-stage clinical trial, according to
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GlaxoSmithKline-Pfizer AIDS Pill May Surpass Bristol’s

According to Bloomberg, a drug developed by GlaxoSmithKline and Pfizer controlled HIV faster and more safely than Bristol-Myers Squibb’s Sustiva in a study, suggesting the experimental medicine may one day
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Teva Completes Acquisition of Third Largest Generics Company in Japan

Business Wire reports that Teva Pharmaceutical Industries Ltd. has completed the acquisition of Taiyo Pharmaceutical Industry Co. Ltd. for $934 million in cash. Taiyo is the third largest generics manufacturer
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Johnson & Johnson Sued Over Sales Deal for Oral Cancer Product

According to Reuters, Johnson & Johnson is being sued by Oral Cancer Prevention International, claiming the drug manufacturer interfered with a sales agreement related to the distribution of an oral
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New Rum Distillery to Open in Central Puerto Rico

A new rum distillery will open in a former pharmaceutical plant in central Puerto Rico, helping to offset the loss of Captain Morgan rum from the island, according to the
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Wyeth Had Illegal Patents on Effexor Per Lawsuit

The Associated Press reports that a federal lawsuit filed this week in Mississippi claims a major pharmaceutical company made millions of dollars by misrepresenting clinical data and using sham litigation
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BioMarin to Buy Pfizer Plant

Zacks Equity Research reports that BioMarin Pharmaceutical Inc.will acquire an integrated biologics manufacturing plant from Pfizer Inc., which will expand its manufacturing capacity to manage its product portfolio and its
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AstraZeneca Sells Dental Business for $1.8 Billion

The Associated Press reports, AstraZeneca PLC is selling its Astra Tech dental business, the world''s third-largest maker of dental implants, for $1.8 billion, the Anglo-Swedish pharmaceutical company announced Wednesday. The
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Single-Use Mixer Improves BioPharm Process Efficiency

The Allegro™ 200L Single-Use Mixer is designed for high-performance mixing in biopharmaceutical applications from pilot scale to full production. The unit improves the efficiency of critical mixing processes throughout the
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Pfizer Lung Cancer Pill May Double Survival

The Associated Press reports that a much-anticipated drug for advanced lung cancer from Pfizer Inc. appears to double survival over standard drugs against tumors with a certain genetic mutation, according
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