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AOBO to acquire Chinese distributor

American Oriental Bioengineering (AOBO) entered into a letter of intent with Heilongjiang Qitai Pharmaceutical Limited (HQPL) on May 1, 2005 to record AOBO’s intention to acquire HQPL. AOBO

BioPort awarded HHS anthrax vaccine contract

This supply of anthrax vaccine adsorbed (AVA), which is being purchased under the Project BioShield program, will be placed in the US strategic national stockpile where it will

FDA approves Biovail’s dissolving pain drug

In March, Biovail filed a complete response to address labeling issues raised in an approvable letter received in early January. The approval of Tramadol ODT (tramadol hydrochloride) is

Able and InvaGen sign generics deal

Under the terms of the agreement, InvaGen will develop, manufacture and supply the generic pharmaceutical products exclusively for Able. Able and InvaGen will share the cost of development,

USP monograph supports biogenerics development

The Generic Pharmaceutical Association (GPhA) said the US Pharmacopeia’s (USP) monograph validates the science underlying generic biopharmaceuticals and shows that biopharmaceuticals can be characterized. “Although the brand industry

Peregrine applies to begin hepatitis study

The objectives of the phase I clinical trial are to evaluate safety, pharmacokinetics and viral load in patients chronically infected with hepatitis C virus who have failed standard

Merck appoints new chief executive

Mr Clark, formerly president of Merck’s manufacturing division and once chairman and CEO of Medco Health Solutions, was described as an “exceptional leader and strategist” by Mr Bossidy,

Reata compound to enter clinical development

Additionally, the company has announced a change in its name from Reata Discovery, Inc to Reata Pharmaceuticals Inc to reflect the clinical status of its drug development programs.