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FDA seeks expert input on ideal patient group for experimental cholesterol-lowering drug

2015-06-08 17:44:34| Biotech - Topix.net

Federal health regulators say a highly-anticipated, experimental drug from Amgen significantly lowers bad cholesterol. But officials have questions about who should take the drug and whether to approve it based on currently available data.

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Raleigh pharma borrows $20M to launch drug

2015-06-05 21:12:00| Biotech - Topix.net

Raleigh-based BioDelivery Sciences International, Inc. borrowed an additional $21 million to help the pharmaceutical company launch a newly approved drug. The financing comes from MidCap Financial , a middle market-focused, specialty finance firm in Maryland.

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Cardinal Health to spend $1.1B on drug distributor

2015-06-05 17:08:34| Biotech - Topix.net

" Cardinal Health will spend about $1.12 billion to buy pharmaceutical distributor The Harvard Drug Group in a deal that aims to build its generic and over-the-counter drug businesses. Cardinal said Friday that its purchase of the privately-held company based in Livonia, Michigan, will provide it with specialized packaging to help supply hospitals and other institutions.

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Gaithersburg biotech expands into new research facility, preps for last phase of drug trials

2015-06-04 22:27:14| Biotech - Topix.net

Gaithersburg-based Novavax Inc. - known for its work developing vaccine candidates for the flu, a pediatric respiratory illness and Ebola - expanded into a new 54,000-square-foot research and development space where it plans to house its vaccine work. "It's a very important signal of our continued growth," said Buck Phillips , chief financial officer of Novavax of the new space at 21 Firstfield Road, across the street from its headquarters.

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Top-Performing Biotech and Drug Stocks During ASCO '15

2015-06-04 14:53:49| Biotech - Topix.net

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