Pharma Industry News
A collection of Pharma latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Pfizer To Pay $150 Million Upfront To Fosun Pharma In New China Move
Shanghai Fosun Pharmaceutical is one of China's largest pharmaceutical companies. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images In its latest agreement with a China partner…
Pharma Equity Group executes on the Company's new strategy: Enters into Letter of Intent to acquire the MedTech company Otiom A/S
Pharma Equity Group executes on the Company's new strategy: Enters into Letter of Intent to acquire the MedTech company Otiom A/S Pharma Equity Group A/S ('PEG') today announces that the company has signed a Letter of Intent regarding the…
Big Pharma's Patent Cliff Puts China Front and Center
For pharmaceutical firms, watching the lucrative patents on their top-selling drugs expire has long been part of the business cycle. There's enormous pressure to find ways of covering the shortfall. For the first time, China has something to offer.
Menora Mivtachim Holdings LTD. Reduces Holdings in Urogen Pharma $URGN
Menora Mivtachim Holdings LTD. reduced its position in Urogen Pharma (NASDAQ:URGN - Free Report) by 50.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,152,531 shares of the company's stock after…
Stempoint Capital LP Reduces Stock Holdings in BridgeBio Pharma, Inc. $BBIO
Stempoint Capital LP cut its holdings in BridgeBio Pharma, Inc. (NASDAQ:BBIO - Free Report) by 73.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,630…
Stempoint Capital LP Boosts Stake in NewAmsterdam Pharma Company N.V. $NAMS
Stempoint Capital LP lifted its position in NewAmsterdam Pharma Company N.V. (NASDAQ:NAMS - Free Report) by 46.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm…
Royalty Pharma (NASDAQ:RPRX) EVP Sells $913,526.10 in Stock
Royalty Pharma PLC (NASDAQ:RPRX - Get Free Report) EVP Marshall Urist sold 23,334 shares of Royalty Pharma stock in a transaction on Friday, December 5th. The stock was sold at an average price of $39.15, for a total value of $913,526.10. Following…
California Public Employees Retirement System Sells 268,263 Shares of Royalty Pharma PLC $RPRX
California Public Employees Retirement System lessened its stake in Royalty Pharma PLC (NASDAQ:RPRX - Free Report) by 15.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission…
Ascendis Pharma A/S (NASDAQ:ASND) Shares Down 4.2% - Here's Why
Ascendis Pharma A/S (NASDAQ:ASND - Get Free Report)'s stock price dropped 4.2% on Tuesday. The stock traded as low as $198.16 and last traded at $198.4740. Approximately 116,561 shares changed hands during mid-day trading, a decline of 76% from the…
The Fed meeting, pressure on Oracle, Target's fashion-forward renovation and more in Morning Squawk
Fed funds futures are pricing in a nearly 90% chance of a quarter percentage point reduction to the central bank's key interest rate. Eli Lilly said it will spend $6 billion building an Alabama manufacturing plant that will support production of…
Oxford BioTherapeutics Enters into a Strategic Collaboration with GSK to Discover Novel Targets for Antibody-Based Therapeutics for the Treatment of Cancer
Collaboration leverages OBT's proprietary OGAP-Verify platform and GSK's drug development expertise to advance multiple selected novel oncology targets The agreement - OBT's second high-profile pharma collaboration this year - reflects the strong…
Health Ministry discusses with Saudi investor, and others, establishment of a pharmaceutical factory in Libya
The Tripoli based Libyan Ministry of Health reported (yesterday / Tuesday 9 December) that the Undersecretary and Acting Minister of Health, Mohammed Al-Ghouj, and representatives from the Ministry of Economy, held a virtual meeting with several…
Telangana's EODB measures, infrastructure, talent come for praise
Telangana's single window system of according time bound approvals for industrial projects, talent pool, infrastructure as well as policy measures to spur innovation came in for rich praise from speakers at a panel discussion forming part of the…
Keir Starmer under pressure over Labour's Brexit split
Keir Starmer was mocked over Labour's Brexit split today as he was told he might be out of a job within a year if he failed to agree to a new customs union with the EU. Remainer politicians including Lib Dem leader Sir Ed Davey took aim at the…
Roche Says Breast-Cancer Drug Shows Potential to Become Standard-Of-Care
Roche said its giredestrant drug reduced the risk of disease recurrence or death from breast cancer, suggesting potential for the medication to become standard-of-care when the disease is in the beginning stages. The Swiss pharmaceutical company…
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