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Shire presses AbbVie to proceed with $55 billion combination of the 2 drugmakers

2014-10-15 14:55:20| Biotech - Topix.net

The drugmaker Shire wants AbbVie to stick with its roughly $55 billion acquisition bid, and it is reminding its U.S. counterpart of the hefty breakup fee it will receive if things don't work out. Shire's U.S.-traded shares shed about a quarter of their value before markets opened Wednesday and a day after AbbVie Inc. disclosed that it was reconsidering a deal it had fought for weeks to put together.

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State to get $1.5 million of drugmaker's settlement

2014-06-29 09:11:16| Biotech - Topix.net

Pulaski County Circuit Judge Tim Fox on Friday approved a settlement agreement that requires drug manufacturer GlaxoSmithKline to pay Arkansas $1.5 million over the drugmaker's marketing of its antidepressants Paxil and Wellbutrin and asthma drug Advair.

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India generic drugmakers' woes put new focus on quality over price

2014-03-25 23:44:42| Biotech - Topix.net

A spate of regulatory warnings for India's generic drug manufacturers will add a new emphasis on the quality of such medicines in an industry long dominated by the ability to deliver treatments as cheaply as possible, analysts say.

Tags: over price quality put

 

Drugmakers And NIH Band Together To Speed Up Research

2014-02-05 02:58:22| Biotech - Topix.net

The National Institutes of Health is teaming up with major drug companies in a new effort to identify disease-related molecules and biological processes that could lead to future medicines.

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Analysis - Replay of energetic deal-making seen for drugmakers in 2014

2014-01-26 23:10:12| Biotech - Topix.net

The torrid pace of deals in the pharmaceutical and biotechnology sectors through 2013 is not expected to let up this year, thanks to new technologies to address unmet medical needs.

Tags: in analysis energetic replay

 

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