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Eli Lilly v. Teva Parenteral Medicines over vitamin regimen patent for Alimta
January 13, 2017 Off

Eli Lilly v. Teva Parenteral Medicines over vitamin regimen patent for Alimta

By Dino Mustafić

U.S. Court of Appeals for the Federal Circuit has upheld the district court’s decision and ruled in the Eli Lilly’s favor regarding validity and infringement of the vitamin regimen patent for Alimta (pemetrexed for injection).

Joseph Gunnar buys additional 122,500 Akers Biosciences common shares
January 13, 2017 Off

Joseph Gunnar buys additional 122,500 Akers Biosciences common shares

By Dino Mustafić

Joseph Gunnar & Co., LLC, has exercised its over-allotment option to purchase an additional 122,500 common shares from the Akers Biosciences at $1.20 per share with the issuance of a further 61,250 warrants with an exercise price of $1.50 (the Warrants).

BioGaia’s probiotic to be launched in Thailand
January 13, 2017 Off

BioGaia’s probiotic to be launched in Thailand

By Dino Mustafić

BioGaia has signed an exclusive agreement with Abbott for the rights to commercialize BioGaia products in the area of paediatrics and gastroenterology in Thailand.

Norwegian Weifa to sell AFT’s pain and fever drugs in the Nordic region
January 13, 2017 Off

Norwegian Weifa to sell AFT’s pain and fever drugs in the Nordic region

By Dino Mustafić

Weifa has made a deal with New Zealand’s AFT Pharmaceuticals according to which it will sell drugs for pain relief and fever symptoms in the Nordic region (Norway, Sweden, Denmark, Finland and Iceland).

Mainstay Medical to sell its back pain device in Australia
January 12, 2017 Off

Mainstay Medical to sell its back pain device in Australia

By Dino Mustafić

Mainstay Medical International has applied for ReActiv8 to be admitted to the Australian Register of Therapeutic Goods (ARTG) which would…

Pixium Vision completes 10 implants in its Iris II study
January 12, 2017 Off

Pixium Vision completes 10 implants in its Iris II study

By Dino Mustafić

Pixium Vision, a company developing and commercializing innovative bionic vision systems, has completed 10 implants in its Iris II study.

Trump says “pharma getting away with murder,” stocks slide
January 12, 2017 Off

Trump says “pharma getting away with murder,” stocks slide

By Dino Mustafić

U.S. President-elect Donald Trump on Wednesday said pharmaceutical companies are “getting away with murder” in what they charge the government for medicines, and promised that would change, sending drugs stocks sharply lower.

Walloon (Belgium) government funds ASIT Biotech’s food allergies treatment research
January 12, 2017 Off

Walloon (Belgium) government funds ASIT Biotech’s food allergies treatment research

By Dino Mustafić

The Walloon (Belgium) government has decided to fund its ASIT Biotech to help develop new drug candidates to treat the main food allergies caused by peanuts, cow’s milk and egg whites.

OptiBiotix with two abstracts at Berlin’s conference ProBiota
January 12, 2017 Off

OptiBiotix with two abstracts at Berlin’s conference ProBiota

By Dino Mustafić

OptiBiotix Health will have its two abstracts presented at ProBiota 2017 in Berlin, which is taking place from February 1-3, 2017. ProBiota is the leading annual event for the global prebiotic, probiotic and the microbiota focused food and pharma industries.

Mereo’s COO and CFO Richard Bugay joins Diurnal as CFO, UK drugmakers shuffle managers
January 12, 2017 Off

Mereo’s COO and CFO Richard Bugay joins Diurnal as CFO, UK drugmakers shuffle managers

By Dino Mustafić

Two UK-based biopharma companies, Mereo BioPharma and Diurnal have reshuffled their managerial lineups by swapping managers and welcoming new people.

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