by qfrsolutions | Sep 4, 2014 | News
Source: FierceBiotech Hot on the heels of its $805 million development deal with Infinity, AbbVie Pharmaceuticals ($ABBV) has followed up today with a plan to partner with Google’s ($GOOG) closely watched biotech upstart Calico on a new research operation that...
by qfrsolutions | Aug 20, 2014 | News
Source: Margins, margins, margins. That’s an inevitable mantra among top investors and analysts. Just ask Novartis ($NVS) CEO Joe Jimenez, who’s pledged big improvements in the Swiss drugmaker’s spread. Or Eli Lilly ($LLY) CFO Derica Rice,...
by qfrsolutions | Aug 19, 2014 | News
Source: Bidness ETC Threats from the increase in drug-resistant germs, and the subsequent rise in demand for more effective and high-impact antibiotics has spurred interest in companies such as Cubist Pharmaceuticals Inc (CBST). The Massachusetts-based drug developer...
by qfrsolutions | Aug 7, 2014 | News
Source: FierceBiotech More than 5 years after The Medicines Company ($MDCO) bagged Targanta and its troubled antibiotic oritavancin for the bargain basement rate of $42 million plus potential bonus payments, the biotech has finally nailed down an elusive FDA approval...
by qfrsolutions | Jul 21, 2014 | News
Source: PALO ALTO, Calif.–(BUSINESS WIRE)– Anacor Pharmaceuticals, Inc. (NASDAQ:ANAC) today announced that it has entered into an exclusive agreement with Sandoz Inc., a Novartis company, pursuant to which Sandoz will distribute and commercialize...
by qfrsolutions | Jul 18, 2014 | News
Source: With a bid reaching nearly $55 billion and some goodies for the top execs, AbbVie ($ABBV) was finally able to get Ireland-based Shire ($SHPG) to surrender its independence, a portfolio of attention deficit hyperactivity disorder and rare disease drugs, and its...