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GSK sacks 110 China staff in wake of drug bribery case - sources

2015-03-07 14:52:44| Biotech - Topix.net

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Novartis Wins FDA Approval For Zarxio, First Biosimilar Drug In The US

2015-03-06 22:24:27| Biotech - Topix.net

U.S. regulators on Friday gave a green light to sales of the country's first copied version of a biotechnology drug, or "biosimilar," with approval of Novartis' white blood cell-boosting Zarxio. The drug contains the same active ingredient as Neupogen, or filgrastim, which logged 2014 worldwide sales of $1.2 billion for manufacturer Amgen.

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AbbVie boosts cancer drug pipeline with $21 billion Pharmacyclics deal

2015-03-05 13:11:44| Biotech - Topix.net

AbbVie Inc is to buy Pharmacyclics Inc for about $21 billion, giving it access to what is expected to be one of the world's top-selling cancer drugs and expanding its reach in the profitable oncology field. The deal -- the latest example of a big drugmaker swooping on a biotech firm to refill its medicine pipeline -- confounds expectations that Pharmacyclics would sell out to Johnson & Johnson .

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AbbVie in $21bn drug firm takeover

2015-03-05 12:34:47| BBC News | Business | UK Edition

US drugmaker AbbVie says it will buy cancer drug specialist Pharmacyclics for $21bn.

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J&J nearing deal to buy cancer drug maker Pharmacyclics: FT

2015-03-05 03:32:16| Food - Topix.net

Johnson & Johnson is close to buying cancer drug maker Pharmacyclics Inc in the coming days, the Financial Times reported, citing sources. A bid from J&J is expected to value Pharmacyclics near its $17.5 billion market value or at a premium, FT said on Wednesday, citing people familiar with the matter.

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