The FDA has officially denied AstraZeneca's petition to hold off generic versions of its antipsychotic drug Seroquel .
Pharma M&A activity is heating up, particularly among medium-sized companies, and shows signs of accelerating further, MarketWatch reports.
Sanofi ( $SNY ) CEO Chris Viehbacher ( photo ) managed to parlay one personal appearance into a half-dozen different headlines. Development strategies? Check. M&A interest? Check. Job creation?...
Bidding to up its game in the antibody business, the U.K.'s Abcam has snapped up California-based Epitomics for $155 million.
GlaxoSmithKline ( $GSK ) is steaming ahead in China. CEO Andrew Witty ( photo ) tells Bloomberg he plans to add "a few hundred" sales folks to back up products his company is introducing there. That's on top of 700 hires in 2011. And, Witty said, he'd like to augment his Chinese operations with some M&A, too.
Even though China is set to become the second-largest drug market by 2020, all is not rosy for its native drugmakers. A government push to drive down costs for healthcare end users is pressuring pharma companies that call that vast country home, with 5 of them issuing profit warnings in recent weeks.
Will a Big Pharma company swoop in to acquire Vivus ( $VVUS ), now that its obesity drug Qnexa has an FDA advisory panel's recommendation? Analysts say Bristol-Myers Squibb ( $BMY ), Merck ( $MRK ),...
In yet another sign of just how quickly biotech investors can change their minds, Bloomberg is running a piece today speculating on which Big Pharma company is most likely to swoop in and pay a big...
Bayer will cut its debt this year to €6 billion, or $8 billion, to give it more financing options as it looks for M&A targets.
The contest for Pfizer's nutrition unit is heating up.