Chugai Commits $220M Into Singapore Drug Lab
The drugmaker intends to expand development of therapeutic antibodies at the lab. Source: BioSpace
Kmart to Settle FCA Violation Allegations for $32.2 Million
Kmart agreed to pay a $32.3 million settlement over charges that its in-store pharmacies failed to report discounted drug prices to federal programs and, therefore, were reimbursed at inflated prices.…
Senators Call on DEA for Guidance on ‘Partial Fill’ of Opioid Prescriptions
Six U.S. senators called on the Drug Enforcement Administration to update regulations on partial filling of Schedule II drugs to help address the opioid addiction crisis. Source: Drug Industry Daily
FDA to Commit to Faster End-of-Phase Meetings in Guidance to Developers
FDA released two guidance documents focusing on communications between the agency and drug developers to make drug development more efficient and to help sponsors avoid costly delays. Source: Drug Industry…
2 Small-Cap Biotechs Bestie Celgene is Cutting Back On
Celgene has been unloading some of its shares in two of its investments, CRISPR Therapeutics and Atara Biotherapeutics. Source: BioSpace
FDA Accepts GW Pharma's Epidiolex NDA With Priority Review for Lennox-Gastaut Syndrome and Dravet…
The PDUFA goal date for completion of the FDA review of the Epidiolex NDA is June 27, 2018. Source: BioSpace
4 Top-Performing S&P 500 Biotech Stocks of 2017
It was a pretty good year for the stock market, but how about for biotech stocks? Source: BioSpace
Fresenius SE Allegedly Ignored Hundreds of Bad Quality Tests at Plant in India
The agency inspected the plant from May 15 to May 24, 2017, and observed that staffers at the plant were basically gaming the quality control system. Source: BioSpace
Shareholders Turn Down Tender Offer to Take BioCanCell Private
Approximately 5.9 million shares were necessary for the tender to be accepted. Source: BioSpace
China-Focused Life Science Investor Acquires 37% of NovaBay for $28M
After the transaction, it will be NovaBay's largest shareholder with 6.6 million shares, 37% of the total. Source: BioSpace
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