Online retailer sells 10 mil. shares of common stock to a private investment firm for $26 mil. in cash, according to a March 2 announcement. The New York investor "agreed to a one-year lock-up of the purchased shares, and [Drugstore.com] has agreed to file a registration statement covering the resale of those shares," the release states. Drugstore.com plans on using profits from the sale for "general corporate purposes, including (but not limited to) investments in marketing and in technology"...
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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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A new pilot aims to take Brazil closer to ‘digital transformation.’
Stay up to date on regulatory guidelines from around the world with the Pink Sheet’s Guidance Tracker. The complete Global Pharma Guidance Tracker, with sortable and searchable listings going back to 2014, is available online.
European health systems already pay far too much for new medicines and payers will not accept higher prices to compensate for lower US prices, according to Anja Schiel, from NOMA, the Norwegian health technology assessment body.
In a somewhat surprising move, President Trump’s Federal Trade Commission is continuing a crusade to delist improper listings from the FDA’s Orange Book. Law firm Polsinelli’s chair Chad Landmon discussed the impact of the move on the generic drug industry.
