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Two other multi-billion-dollar drug deals remain in play. Tokyo-based Astellas Pharma Inc. has bid $52 a share or $3.5 billion for OSI Pharmaceuticals, a biotech firm with an approved cancer-fighting drug. ... Then there is the showdown for German generic maker Ratiopharm Gmbh, which is that county's second-largest generic drug firm. Pfizer has wheeled out a bid around $4 billion – and sent its CEO to Germany in recent days for a closed door meeting with Ratiopharm ...
The company also lobbied on a provision designed to give the Food and Drug Administration the authority to approve generic versions of biotech drugs. ... READ MORE. Posted by Industry Outlook at 10:37 AM ...
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He had sourced Dimebon — not too difficult to do, since it's an old off-patent generic antihistamine. This, by the way, was another question Medivation and Pfizer never really adequately answered: Just how were they going to get and enforce a patent claim on an old generic? .... Wealth Daily publisher Brian Hicks takes a close look at the biotech stock Anavex, which is pushing the next generation of biotech drugs based on a platform that focuses on sigma receptors. ...
... "The Five Myths of Generic Competition," highlighting what originator pharmaceutical and biotech companies can do to improve their forecasting of the likely timing, source and intensity of competition from generic drugs. ...
The same report, published June 4, also indicated that developing generic biotech drugs would help bring down the cost of US health care. These less expensive versions are expected have prices discounts that are “between 10 and 30 ...
Dr. Reddy's is thought of by the US investor public as a generic player, but it has its own products. It produces finished dosage forms, active pharmaceutical ingredients and intermediates, and biotechnology products; and it conducts ...
There's been plenty of hand-waving in Washington about bringing generic versions of biotech drugs to market in this country. But rather than wait for all that to get worked out, Teva, the Israeli generics giant, went ahead and ran ...
For years, Pfizer (PFE) has been trying to prepare for the patent cliff it's heading for in 2011. That's when its cholesterol drug Lipitor -- the biggest-selling drug ever with $12 billion in annual sales -- will fall off the rolls of ...
The company could start selling generic versions of biotech drugs in four or five years, the head of Pfizer's “established products” unit told Bloomberg. Generic alternatives to Amgen's anemia drug Epogen and Sanofi-Aventis's blood ...
The big health bill passed by a House committee late Friday has one provision that should please many big drug makers, and another that industry won't like.
The bill would give branded biotech drugs five years of protection from competition. Industry has pushed for 14 years of protection.
The time may finally be ripe for a compromise as many big pharmaceutical companies move into biotech drugs.
On Thursday, February 26, 2009, the Obama administration released more details of their 2010 budget proposal calling for access to cheaper generic versions of biotechnology drugs as a way to pay for an overhaul of healthcare. ...
Details of the measures are emerging that would have a big impact on the government's role in health care, from cuts to private Medicare Advantage plans to creating a regulatory pathway for approving generic biotechnology drugs. ...
But Merck's idea is to copy the biotech blockbusters of others. At its annual business briefing, Merck said it is establishing a new division to make generic biotech drugs, or follow-on biologics. “We believe we can become the leading ...
“Biotech drugs are especially appealing because they face no competition from generics: No regulatory pathway yet exists in the U.S. for bringing to market generic biotech drugs. So until Congress creates such a pathway, no generic ...
