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Food Processing News - Pharmaceutical

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Pharmaceutical

King Completes Acquisition of Alpharma

Business Wire
December 31, 2008 - King has also announced that Albert Acquisition Corp. exercised its "top-up" option under the merger agreement with Alpharma to acquire additional shares of Alpharma Class A common stock....
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Biovail Recalls Some Lots of Ultram Tablets

Business Wire
December 31, 2008 - The company has announced that not all of the 100 mg extended-release tablets in the affected lots can meet maximum dissolution specifications....
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Blood Substitute Submitted to FDA for Review

Business Wire
December 31, 2008 - The agency has promised quick action on the licensing application for Northfield Laboratories' Polyheme....
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Novartis Acquires License to CMV Vaccine Candidate

Associated Press
December 30, 2008 - The Swiss drugmaker is paying U.S.-based Alphavax $20 million for the commercialization rights to a developmental vaccine against cytomegalovirus infection....
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FDA Approves Ferring's Advanced Prostate Cancer Drug

U.S. Food and Drug Administration
December 30, 2008 - Degarelix is the first new drug in several years for prostate cancer....
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Actavis Totowa and FDA Reach Agreement on Consent Decree

Business Wire
December 30, 2008 - The drugmaker has agreed to suspend all shipments from its New Jersey facility until it is certified to be in full compliance with federal current good manufacturing practices....
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King's Acquisition of Alpharma Cleared With Conditions

Business Wire
December 29, 2008 - The FTC has asked King to divest certain assets before it completes its purchase of Alpharma, which has a deadline of today....
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Allergan Receives FDA Approval for Latisse

Business Wire
December 29, 2008 - The medication is indicated for hypotrichosis of the eyelashes, which is marked by abnormal paleness and thinness....
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EPIX Announces FDA Approval of Vasovist

Business Wire
December 29, 2008 - Gadofosveset trisodium is indicated for use during magnetic resonance angiography....
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Teva Completes Acquisition of Barr

The Philadelphia Inquirer
December 24, 2008 - Teva Pharmaceutical has grown quickly by aggressively pushing to be the first to get rights to sell generic versions of drugs and by acquiring rivals....
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