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Perrigo to close two plants

The closure follows the US company’s acquisition of Agis. Since the takeover, Perrigo has been pursuing opportunities to integrate both businesses and streamline production. The global healthcare supplier

Exelixis initiates phase II testing for XL880

XL880 is a small molecule inhibitor of the receptor tyrosine kinases (RTKs) involved in tumor cell growth, migration and angiogenesis, including MET and VEGFR. A multi-center open-label phase

Sosei and Vectura COPD trial successful

NVA237 is a collaborative product of Sosei and Vectura that is being developed and commercialized by Novartis, both as a monotherapy and in combination with its once-daily bronchodilator

Takeda in $535 million deal for anemia drug

The companies will collaborate on the development of the product and co-commercialize Hematide in the US, while Takeda will hold an exclusive license to develop and commercialize outside

Barr to buy Pliva for $2.2 billion

Under the terms of the proposal, Pliva's shareholders would receive approximately HRK705 ($122) for each share they hold in the company. The offer represents a premium of 24%

Cephalon epilepsy drug fails anxiety trial

Cephalon said that it will conduct a complete analysis of the data to assist in its evaluation of future clinical development plans for Gabitril in other therapeutic areas.