NuPharm has rebranded to become Neuraxpharm, in an “exciting new chapter” for the company that “positions Neuraxpharm as a single and differentiated central nervous system (CNS) oriented firm within the European pharmaceutical industry”.
Nupharm rebrands itself to Neuraxpharm
NuPharm has rebranded to become Neuraxpharm, in an “exciting new chapter” for the company that “positions Neuraxpharm as a single and differentiated central nervous system (CNS) oriented firm within the European pharmaceutical industry”.
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Bringing in sales that translated to nearly $1.5bn last year, Japan’s Towa was feeling upbeat after a challenging few years, both for itself and the broader Japanese generics market. However, its financial guide for the next 12 months has left investors feeling cold.
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Sandoz has struck a deal worth up to $301m with Henlius giving it rights to a proposed ipilimumab biosimilar to Yervoy in countries across the world.
With discounts reaching up to 90%, ustekinumab biosimilars have eroded originator Stelara’s sales as expected. In its latest quarterly biosimilar market report, Samsung Bioepis also analyzed the latest regulatory steps to streamline biosimilar development.
Reflecting increased regulatory pressure and a wider drive towards the reshoring of pharmaceutical manufacturing to the US, Speranza has launched a new generics business called Lotus Therapeutics.