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Akorn to acquire units of Kilitch Drugs

The acquisition occured for about $52m in cash and future contingent payments would total up to nearly $6m. The assets include cGMP manufacturing sites designed for regulated markets,

Quality Chemical to develop Tenofovir

The company is installing new equipment in the Luzira based plant as part of their $50 m second phase investment, newvision.co.ug reported. The plant is expected to be

TGRD discontinues insomnia drug development

Ramelteon works by selectively targeting two melatonin receptors in the brain MT1 and MT2 to regulate body’s sleep-wake cycle and treat insomnia. TGRD Europe has withdrawn its Marketing

Takeda to withdraw sNDA for lymphoma drug

The randomized LYM-3001 trial which enrolled 676 patients with relapsed follicular lymphoma received Velcade and rituximab or rituximab alone. The primary endpoint of the trial was progression-free survival

FDA apporves Cialis to treat erectile dysfunction

Cialis inhibits an enzyme, phosphodiesterase type 5 (PDE5), producing vascular relaxation and increased blood flow. Cialis was assessed in a clinical trial program of three placebo-controlled efficacy and

Teva UK introduces generic inhaler

The inhaler, Salmeterol pMDI does not contain Chlorofluorocarbon (CFC) which can cause environmental damage. The product comes in 25mcg per actuation pressurised inhalation, suspension in a green inhaler.