Hikma Stays On Track By Bolstering Injectables And Generics

Hikma Stays On Track By Bolstering Injectables And Generics

 
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Hikma says that its acquisition of Xellia’s finished dosage form business and a key contract manufacturing agreement in generics have kept its business on track to meet its full-year forecasts.

Organon’s Q3 Results Meet Analyst Expectations

Organon’s Q3 Results Meet Analyst Expectations

 
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After a “solid start to the year”, Organon has delivered on analyst expectations with its third quarter results, despite ongoing questions surrounding future growth and market penetration of key compounds. Meanwhile, the firm’s filing for a biosimilar rival to Prolia/Xgeva has been accepted by the FDA.

Meitheal Brings In Another Three US Biosimilars

Meitheal Brings In Another Three US Biosimilars

 
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Meitheal has announced a licensing agreement with parent company Hong Kong King-Friend to add another three biosimilars to its pipeline for the US market.

Teva Confirms Plans To Hive Off API Unit As 2024 Guidance Is Pushed Up Again

Teva Confirms Plans To Hive Off API Unit As 2024 Guidance Is Pushed Up Again

 
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A significant divestment in the works, complex generic launches, a mammoth antitrust fine in Europe – Teva’s Q3 was busy and bustling, led by strong, double-digit top-line growth and a further rise in guidance for 2024.


Zentiva Responds To Rumors Of Potential Advent Sale

Zentiva Responds To Rumors Of Potential Advent Sale

 
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Zentiva has responded to recent rumors that owner Advent International may be looking to sell the firm in a deal worth as much as €5bn.

Biocon’s Growth Rides On FDA Site Inspection Outcomes After Muted Q2

Biocon’s Growth Rides On FDA Site Inspection Outcomes After Muted Q2

 

After under-delivering on already muted expectations, Biocon's optimistic future was overshadowed by pending FDA inspection outcomes on two of its facilities.

Biogen Celebrates As EPO Upholds Tecfidera Patent

Biogen Celebrates As EPO Upholds Tecfidera Patent

 
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Biogen has struck another blow against European generic competitors to Tecfidera, after the European Patent Office upheld a dosage patent for the brand that runs until February 2028. Meanwhile, the firm reported flat biosimilars sales in the third quarter of 2024.

Aurobindo’s Lyfius Opens Flagship Penicillin Plant In India

Aurobindo’s Lyfius Opens Flagship Penicillin Plant In India

 
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Attended by several government delegates, the opening of the multi-million dollar antibiotic plant highlighted the Indian government’s ongoing policy to bolster domestic pharmaceutical manufacturing.


Cipla Signals Lanreotide Supply Strain, Eyes First Wave GLP-1 India Entry

Cipla Signals Lanreotide Supply Strain, Eyes First Wave GLP-1 India Entry

 

Lanreotide supply challenges could impact Cipla’s US revenues in the coming quarter, while the firm hopes it can seize emerging opportunities in the GLP-I segment in India, where Novo Nordisk and Eli Lilly are progressing filings for their blockbuster products.

Sandoz Raises Guidance As Biosimilars Continue To Drive Growth

Sandoz Raises Guidance As Biosimilars Continue To Drive Growth

 
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Sandoz has raised its full-year guidance on the back of third-quarter results that saw the firm enjoy growth of more than a tenth, with biosimilars sales up by a whopping 37%.

Brazil’s Hypera Unanimously Rejects EMS’ Proposed Merger

Brazil’s Hypera Unanimously Rejects EMS’ Proposed Merger

 
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Only days after its initial announcement, Hypera Pharma has refused EMS’ proposed merger on grounds of undervaluation and different strategic priorities.

What’s Next? Five Things To Look Out For In November

What’s Next? Five Things To Look Out For In November

 
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Generics Bulletin previews the most noteworthy and anticipated events for November 2024.


Strides To Arm GLP-1 Generics Ahead Of LoEs, As Novo Spars Over Semaglutide Capacity

Strides To Arm GLP-1 Generics Ahead Of LoEs, As Novo Spars Over Semaglutide Capacity

 
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Strides is to supply semaglutide and liraglutide to generics companies amid global capacity constraints and drug shortages, ahead of loss of exclusivity. An ability to make drug-device combinations has meant it has contracts for seven of the eight GLP-1 agonists, and counting.

‘What We’re Really Focused On Is Internationalization’ – Aspire CEO Sets Out Strategy

‘What We’re Really Focused On Is Internationalization’ – Aspire CEO Sets Out Strategy

 
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In the wake of its recent acquisition of dermatology assets from Canute Pharma, UK-based Aspire Pharma is looking to new frontiers of expansion in Europe and beyond. Chief executive Richard Condon talks to Generics Bulletin about the next steps on the niche generics and value added medicines firm’s journey.

Sun Pharma Seeing Efforts To Speed Up Development For Complex Generics

Sun Pharma Seeing Efforts To Speed Up Development For Complex Generics

 
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While the firm’s mind and money continues to gear towards branded and novel drugs, India’s Sun Pharma still maintains a mammoth global generics business, including in the US where Sun saw a healthy leap in sales during its financial second quarter.

Samsung Bioepis Reports Q3 Sales Growth, Despite ‘Absence Of Milestones’

Samsung Bioepis Reports Q3 Sales Growth, Despite ‘Absence Of Milestones’

 

After a “remarkable performance” in Q2, Samsung Bioepis enjoyed a calm, but still profitable, third quarter.


Despite Landing Biggest PBM Formularies, Celltrion’s Zymfentra Not Listed By US Insurers

Despite Landing Biggest PBM Formularies, Celltrion’s Zymfentra Not Listed By US Insurers

 

Celltrion gave updates on several business aspects and reassured its shareholders that the delayed insurance listing for Zymfentra will not affect its set annual sales goal.

Xbrane In Negotiations For Nivolumab Candidate As It Gets More Time On Deal

Xbrane In Negotiations For Nivolumab Candidate As It Gets More Time On Deal

 
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Xbrane Biopharma is on the clock to bring in a licensing partner for one of its two biosimilar candidates in order to fulfil its short-term working capital requirements. The Swedish firm has revealed that a deal for one appears close, as it also reached an agreement for more time to put pen to paper.

Drug Repurposing Firm Every Cure Bags $60m Investment

Drug Repurposing Firm Every Cure Bags $60m Investment

 

Backed by AI and former FDA official Janet Woodcock, Every Cure is set to identify approved drugs for patients who don’t have treatment options around the world.

Zentiva Bolsters Branded Interests With Bid For Apontis Takeover

Zentiva Bolsters Branded Interests With Bid For Apontis Takeover

 
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Zentiva has launched a bid to take control of German “single pill company” Apontis Pharma, with a €10-per-share offer that values the enterprise at €85m. If successful, Zentiva plans to establish the firm as a standalone branded division.