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$10 copy of Gilead's blockbuster Sovaldi appears in Bangladesh

2015-03-09 08:23:54| Biotech - Topix.net

A $10 version of Sovaldi, the Gilead Sciences Inc. hepatitis C treatment that sells for $1,000 a pill in the U.S., is now available in Bangladesh and could make its way to other parts of the world where the U.S. company doesn't have patents. Incepta Pharmaceuticals Ltd. doesn't have a license from Gilead and its version was launched last month, said managing director Abdul Muktadir.

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Lego sales boosted by blockbuster movie

2015-02-27 04:25:56| Toys - Topix.net

A Lego brick figurine of Emmet Brickowoski, a character from 'The Lego Movie', stands in the reception area at the headquarters of Lego A/S in Billund, Denmark.a < Billund, Denmark: Lego A/S, the world's second-largest toy maker, said on Wednesday that annual revenue rose by 13%, boosted by its blockbuster movie and toys from its Star Wars and Friends ranges. "It is another record breaking year, the best year ever for the Lego group," he told a press conference in the central Danish town of Billund, where the privately held company is headquartered.

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Biosimilar copies of blockbuster drug launch in major EU markets

2015-02-25 12:59:55| Biotech - Topix.net

Cheap versions of a top-selling drug for rheumatoid arthritis and Crohn's disease are being launched across major European markets in an important advance for a new type of medicines known as biosimilars. The products from South Korean firm Celltrion and its partners Hospira and Mundipharma will compete with Remicade, the original branded drug from Johnson & Johnson and Merck & Co.

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Does This Small Biotech Have the Making of a Blockbuster?

2015-02-07 16:25:13| Biotech - Topix.net

When it comes to developing billion-dollar blockbuster drugs, the odds are stacked against biotech companies. About 90% of drugs that enter clinical trials fail, and of those that do eventually get approved, few achieve blockbuster status.

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GSK Injects Pace Into Blockbuster HIV Float

2015-02-04 12:32:43| Biotech - Topix.net

The drugs giant GlaxoSmithKline has taken a step towards what would be the industry's largest-ever initial public offering with the appointment of banks to assess the future of its HIV medicines subsidiary. Sky News has learnt that GSK has hired Citi, Goldman Sachs and Morgan Stanley as financial advisers on ViiV Healthcare, one of the company's fastest-growing units.

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