All news articles for January 2013

FDA Shifts Focus to Abuse-Deterrent Generic Opioid Development

FDA Shifts Focus to Abuse-Deterrent Generic Opioid Development

By Zachary Brennan

The US Food and Drug Administration (FDA) can require opioid generics to have abuse-deterrent properties if the same requirements are applicable to their brand name counterparts, FDA Commissioner Margaret Hamburg said in a letter to Rep. Fred Upton (R-Mich.)...

UPS’ TNT takeover bid fizzles out

UPS’ TNT takeover bid fizzles out

By Gareth Macdonald

United Parcel Service (UPS) has abandoned its bid to buy Holland-based logistics firm TNT Express after the European Commission said it would block the deal.

Catalent in pMDi and DPI $20m investment

Catalent inhales $20m investment

Catalent will invest $20m to upgrade its US pressurized Metered Dose Inhaler (pMDI) capabilities as part of a wider expansion of its inhaler business.

Icon teams with EHR speclalist Cerner

Icon teams with EHR speclalist Cerner

Icon claims its collaboration with electronic Health record (EHR) specialist Cerner will help drug and device makers streamline data collection.

Exela expands North Carolina facility

Exela expands North Carolina facility

Exela Pharma Sciences will invest $8.5million in its research and manufacturing plant in North Carolina. The venture, to be spread over the next three years, will provide 38 new jobs almost doubling its present workforce. 

Questcor buys API maker Biovectra

Questcor buys API maker Biovectra

By Gareth Macdonald

API maker BioVectra has been acquired by autoimmune disease focused drugmaker Questcor Pharmaceuticals for C$50m.

Parexel buys Liquent

Parexel buys Liquent for $72m

By Gareth Macdonald

Parexel has acquired niche regulatory information management software firm Liquent and raised its guidance for 2013.

Wuxi and PRA team in China

Wuxi and PRA team in China

By Gareth Macdonald

Local knowledge and global experience should be enough to see PRA and Wuxi PharmaTech buck the trend of failed China JVs, says analyst.