Yamanouchi Pharmaceuticals unloads subsidiaries Shaklee, Shaklee Japan and Inobys to New York-based private equity firms Activated Holdings and RHJ Industrial Partners for $310 mil., Yamanouchi announces April 2. The Tokyo-based pharmaceutical company is divesting its consumer holdings in order to focus on its core prescription business as it plans to merge with Fujisawa Pharmaceuticals (1"The Tan Sheet" March 15, 2004, p. 14)...
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Advanz Pharma would have had to show that the European Commission’s decision to revoke Ocaliva’s conditional marketing approval risked causing serious and irreparable harm, according to lawyers from Van Bael & Bellis.
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Highlights from day one of the BIO convention include advice for firms hoping to go public, a call for companies to push the US Congress on rare disease priority review vouchers, and updates on next-generation gene therapies.
Lupin became the latest ANDA sponsor to settle patent-infringement litigation over Harmony Biosciences’ Wakix (pitolisant hydrochloride), which has been touted as a potential blockbuster.
The FDA will use electronic health records to “get eyes” on drugs immediately after approval, Commissioner Martin Makary told the DIA 2025 Global Annual Meeting. He also wants to reduce development time with better communication and new approval pathways.