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Pharmacy

Mayne Pharma closes $625 million generics buy

Mayne Pharma closes $625 million generics buy

Mayne Pharma has completed its purchase of a package of generic drug products from Teva Pharmaceutical Industries Ltd. and Allergan plc. Mayne said Wednesday that under the $652 million deal, announced in late June, it takes ownership of 37 approved and five filed generic pharmaceutical products.

Teva, Allergan complete $39 billion generics deal

Teva, Allergan complete $39 billion generics deal

Teva Pharmaceutical Industries Ltd. has closed its acquisition of the Allergan plc generics business. The companies said Tuesday that under the deal, announced last July, Allergan receives $33.4 billion in cash and 100.3 million shares of Teva stock, valued at $5.

Mylan launches pair of new generics in U.S.

Mylan launches pair of new generics in U.S.

Mylan N.V. this week introduced two new generic drugs in the U.S. market. On Monday, the company announced final Food and Drug Administration approval for dextroamphetamine sulfate extended-release capsules — in dosages of 5 mg, 10 mg and 15 mg — and finasteride tablets 1 mg.

CutisPharma appoints chief scientific officer

CutisPharma appoints chief scientific officer

Steven Dinh has joined CutisPharma as executive vice president and chief scientific officer. CutisPharma said Monday that Dinh will play a key role at the company, overseeing its efforts to develop its pipeline of drugs for New Drug Application (NDA) submission to the Food and Drug Administration.

Walgreens starts offering meningitis B vaccines daily

Walgreens starts offering meningitis B vaccines daily

Walgreens has begun providing bacterial meningitis vaccinations at all of its pharmacies and in-store clinics on a walk-in basis. The drug chain said Monday that the new meningitis B vaccines, Bexsero and Trumenba, protect against most strains of serogroup B meningococcal disease.

Sanofi Pasteur begins shipment of flu vaccines

Sanofi Pasteur begins shipment of flu vaccines

Sanofi Pasteur is shipping its first doses of Fluzone vaccines for the 2016-17 flu season following their release by the Food and Drug Administration. Sanofi’s vaccines division said the shipment marks the start of more than 65 million doses of seasonal flu shots that it will deliver to U.S.

FTC clears Teva-Allergan, Mylan-Meda acquisitions

FTC clears Teva-Allergan, Mylan-Meda acquisitions

The Federal Trade Commission has given its approval to two major pharma acquisitions: Teva Pharmaceutical Industries Ltd.’s $40 billion deal to buy Allergan plc’s generics business and Mylan N.V.’s $9.9 billion deal to acquire Meda AB.