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Mylan wins race for generic Advair approval

FDA has approved the first generic of GlaxoSmithKline‘s (NYSE:GSK) blockbuster Advair respiratory drug, this one by Mylan (NSDQ:MYL), six months after rejecting Mylan’s application. Canonsburg,...

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Rani debuts human trial data for robotic pill tech

Rani Therapeutics this week touted the results of a first-in-human feasibility trial for its swallowable robotic pill, the RaniPill. Rani has developed a capsule that delivers an intestinal injection...

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Novartis launches COPD inhalers in China

Novartis (NYSE:NVS) has launched its Ultibro Breezhaler and Seebri Breezhaler in China for the treatment of chronic obstructive pulmonary disease. The Ultibro Breezhaler system is a once-daily...

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Smiths Medical, United Therapeutics conspired to stifle generic Remodulin,...

Smiths Medical allegedly conspired with United Therapeutics to stifle a generic version of pulmonary arterial hypertension drug Remodulin, according to a lawsuit filed this week by Novartis (NYSE:NVS)...

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Novartis unit spikes Pear Therapeutics deal

Novartis (NYSE:NVS) unit Sandoz said this week that Pear Therapeutics will take sole responsibility for the commercialization of their prescription digital therapeutics program for treating substance...

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Pear Therapeutics closes $80M Series D

Substance use and opioid use treatment developer Pear Therapeutics announced that it closed an $80 million Series D financing round. Existing investors Temasek, 5AM Ventures, Arboretum Ventures, JAZZ...

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Valeo Pharma signs Canadian commercialization deal with Novartis

Valeo Pharma announced today that it entered into a commercialization and supply agreement with Novartis Canada for its asthma therapies. Montreal-based Valeo’s deal is to offer Canadian...

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Pharma 50: Here’s how the world’s largest pharma companies are doing

The global pharmaceutical industry held up well during the pandemic, with 10 of the largest businesses only seeing a roughly –3% drop in revenue in 2020. Eight of the 10 even came out ahead. That’s one...

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Bausch + Lomb acquires XIIDRA eye drops, delivery system from Novartis in...

Bausch + Lomb (NYSE:BLCO) announced today that it agreed to acquire XIIDRA non-steroid eye drops from Novartis. The company also acquired an investigational medicine and rights to a delivery device for...

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Bausch+Lomb launches $1.4B offering to finance XIIDRA eye drop buy

Bausch + Lomb (NYSE:BLCO) announced today that it launched an offering worth $1.4 billion in new senior secured notes. The company intends to offer the notes, due 2028, and to enter into an incremental...

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