I’m sticking with you: McKesson and CVS JV solid for 3 more years
McKesson Corporation, a healthcare services and information technology company, today announced a three-year extension to its pharmaceutical distribution agreement with CVS Caremark.
Archives for July 29, 2014
Amgen to slash 23% of its manufacturing footprint and 2,900 US jobs
Amgen is slashing 15% of its workforce and closing two US manufacturing facilities as part of a restructure the firm says will save $700m (€520m) a year.
Chinese firm imported misbranded API into US, says FDA warning letter
Zhejiang Jiuzhou Pharmaceutical has received an FDA warning letter after shipping a misbranded active pharmaceutical ingredient to the US.
Medidata sees revenue growth in Q2 as new clients spike
Cloud-based solutions provider Medidata saw its revenue increase 22% over Q2 last year to $83.2m as the company’s customer base saw steep growth.
Impax preparing response to FDA Form 483 with 10 observations
Impax Laboratories said it is working to address issues raised in an FDA Form 483 for its Taiwanese manufacturing facility, which was cited with 10 observations following an inspection in late July.
As Ebola virus rages, funding is the main constraint for new treatments, scientist says
The worst Ebola virus outbreak in history continues to spread in West Africa as biopharma companies are hampered by funding issues in trying to bring treatments and vaccines to human trials, a scientist says.