News

GSK probes its Botox sales in China: WSJ

GlaxoSmithKline is investigating fresh allegations that staff in China were involved in paying backhanders to doctors to sell Botox in China, according to the Wall Street Journal.

Hikma ups guidance due to doxycycline sales

Hikma Pharmaceuticals says “all of our businesses have continued to perform well” and now expects revenues to rise 17% in 2013, up from a previous forecast of a 13% increase, boosted by strong sales of its generic antibiotic doxycycline.

Oil-rich Azerbaijan “very attractive” for pharma

The oil-rich and rapidly-growing nation of Azerbaijan is presenting itself as a very attractive ground for global healthcare investors, and the nation’s pharmaceutical market is particularly promising, according to new research.

Fresh EU approval for Novartis’ Lucentis

The European Commission has granted Novartis a fourth approval for its eye drug Lucentis, this time to treat patients with visual impairment due to choroidal neovascularisation secondary to pathologic myopia.

China starts probe into pharma pricing

Days after beginning an investigation into price-fixing of infant milk by foreign companies, China has turned its attention to the pharmaceutical industry, both domestic and international.

Canada’s Rx drug coverage system “unsustainable”

Canada’s current “patchwork” system of prescription drug coverage is pushing up costs, creates massive confusion and results in significant financial hardship for some Canadians, insurance leaders have warned.

CFR of Chile in talks to buy South Africa’s Adcock Ingram

Chilean branded generics major CFR Pharmaceuticals (Corporacion Farmaceutica Recalcine) is making a cash and shares offer to buy South African group Adcock Ingram in a deal valued at 12.90 billion rand, around $1.30 billion.

Clinical-trial diversity means better outcomes for all

The continuing under-representation of minority populations in clinical studies is depriving some of the most vulnerable people in the US of better tailored treatment options, the founder of a trial search website warns.

EU project to develop personalised brain cancer vaccines

A project supported by a 6 million euro grant from the European Union to develop biomarker-guided actively personalised vaccines to treat glioblastoma, the aggressive form of brain cancer with poor prognosis, has been launched.