Category: Europe

February 23, 2017 Off

Novartis’s cancer drug wins FDA’s sNDA, priority review and breakthrough therapy designation

By Dino Mustafić

US Food and Drug Administration (FDA) has accepted Novartis’s supplemental New Drug Application (sNDA) for filing, and granted Priority Review for the expanded use of Zykadia (ceritinib) as a first-line treatment for patients with metastatic non-small cell lung cancer (NSCLC) whose tumors are anaplastic lymphoma kinase (ALK)-positive as detected by an FDA-approved test.

February 22, 2017 Off

Bayer posts 10.2% net income growth

By Dino Mustafić

Bayer has reported net income of €4,531 million which is 10.2% increase comparing to 2015 (€4,110 million). The company reported earnings growth in pharmaceutical activities, while other activities remain steady.

February 22, 2017 Off

Advanced Oncotherapy gets €30.9M deal

By Dino Mustafić

Advanced Oncotherapy, the developer of next generation proton therapy systems for cancer treatment, has secured a flexible and staged £26 million financing agreement with Bracknor Investment Group, a Dubai-based investment firm.