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The acquisition is subject to clearance under the Hart-Scott-Rodino Antitrust Improvement Act and other customary closing conditions. Cowen and Company is acting as exclusive financial advisor to Victory

Ministry of Health aims to reduce the country’s import bill of $1.8 billion due to 70% of imported pharmaceutical products that was noticed in 2007. It seeks to

“TriLink provides high quality reagents which have contributed to the excellent performance of our eSensor products in the marketplace to date,” said Osmetech Molecular Diagnostics chief operating officer,

Last year, the company acquired Canadian and US licensing rights to the drug Xenazine, by purchasing Prestwick Pharmaceuticals. It was the company’s first foray into the CNS disorder

Henry Nordhoff, who had served as its CEO since 1994, is now non-executive chairman following his re-election to the board at the company’s annual meeting of stockholders last

In addition to implementing cost cutting measures, particularly in the area of executive compensation and other operating areas, the company is also contemplating the separation of its OTC

The parent company took the decision as MediCult A/S – a leader in Assisted Reproductive Technologies – did not reach the required share threshold within the set timeframe

According to pharma industry experts, outsourcing research and manufacturing of pharma products helps global pharma majors to reduce costs by almost 30-50%, due to the availability of talent

Preclinical study was conducted at the Roswell Park Cancer Institute in Buffalo, New York, wherein Aptocine was used to treat primary tumors and examine prevention of metastases in