The fine was over Teva paying bribes to foreign officials to win business in Russia, Ukraine and Mexico, the ministry said. Source: BioSpace

The company, which now has 11 personnel, is a CRO focused on infectious disease research. Source: BioSpace

Vaccitech is an Oxford University spinout company developing a universal flu vaccine, among other vaccine-related products. Source: BioSpace

Corbin Therapeutics, headquartered in Montreal, Quebec, was spun out of venture capital company AmorChem. Source: BioSpace

Many investors and analysts expect that the changes to the corporate tax code will lead to increased merger and acquisition activity in 2018. Source: BioSpace

In the world of Alzheimer's disease research, the names of some companies attempting to find an efficacious therapy stand out. Source: BioSpace

Glaxo announced today it has received approval from the FDA's Center for Biologics Evaluation and Research expanding the indication for FLUARIX to include use in persons 6 months and older.…

During the J.P. Morgan Healthcare Conference, Sage provided an update on its long-term strategy to drive growth at the company. Source: BioSpace

Y Combinator is launching an accelerator fund for early-stage life science companies in the lab phase focused on longevity and aging. Source: BioSpace

Based in Santa Clara, California, CBT Pharma was spun out of Crown Bioscience with four development-stage assets in the oncology space. Source: BioSpace