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Global drug spending to climb steadily

Global drug spending to climb steadily

More than half of the world’s population will live in countries where medicine use will exceed one dose per person per day by 2020, up from 31% a decade ago, as the “medicine use gap” between developed and pharmerging markets narrows, the IMS Institute for Healthcare Informatics projects.

Perrigo shareholders nix Mylan bid

Perrigo shareholders nix Mylan bid

Shareholders of Perrigo Co. plc have rejected a hostile bid by Mylan N.V. to acquire the company in a deal valued at about $27 billion. Perrigo said Friday that shareholders holding more than 60% of its outstanding shares declined to tender into Mylan’s offer by the 8 a.m. ET deadline. The offer

AB InBev, SABMiller strike deal to merge

AB InBev, SABMiller strike deal to merge

Beer giants Anheuser-Busch InBev has reached an agreement to acquire SABMiller plc in a deal valued at about $108 billion. Clearing the way for the agreement was a deal for SABMiller to sell its 58% stake in its MillerCoors LLC joint venture to partner Molson Coors Brewing Co. for $12 billion.

N.J. governor signs biosimilars legislation

N.J. governor signs biosimilars legislation

New Jersey Gov. Chris Christie has approved legislation to create a pathway for the substitution of interchangeable biologic drugs, drawing praise from the Biotechnology Industry Organization (BIO) and BioNJ, a state biotechnology organization.

AmerisourceBergen closes PharMEDium acquisition

AmerisourceBergen closes PharMEDium acquisition

AmerisourceBergen Corp. has finalized its acquisition of PharMEDium Healthcare Holdings Inc., a national provider of outsourced compounded sterile preparations (CSPs) to acute care hospitals. AmerisourceBergen announced the $2.

Camber goes live with new website

Camber goes live with new website

Camber Pharmaceuticals has launched a redesigned website that it said is more user- and device-friendly. The drug maker said Thursday that the revamped site, at camberpharma.

Higi in campaign to promote diabetes awareness

Higi in campaign to promote diabetes awareness

Health station maker higi has partnered with the American Diabetes Association for “Eat Well, America!”, a consumer education campaign on how to include diabetes-fighting foods and beverages into daily life.

Mylan gains FTC clearance for Perrigo bid

Mylan gains FTC clearance for Perrigo bid

Mylan N.V. has received clearance from the Federal Trade Commission for its proposal to acquire Perrigo Co. plc after agreeing to divest certain generic drug products. The regulatory approval leaves Mylan’s hostile bid in the hands of Perrigo shareholders, who have until Nov.

Coty reorganizes for addition of P&G beauty businesses

Coty reorganizes for addition of P&G beauty businesses

Coty Inc. has unveiled a new leadership and business structure that will go into effect after the closing of its deal to merge with a collection of Procter & Gamble Co. beauty care brands. Coty said Tuesday that its business will be organized into three units: the Coty Luxury Division, focused on

Skinfix debuts diabetic skin care line at Rite Aid

Skinfix debuts diabetic skin care line at Rite Aid

Skinfix Inc. has launched a natural, therapeutic body skin care line for diabetics at Rite Aid. Skinfix said Monday that the Skinfix Diabetic Relief Skincare Regimen includes Skinfix Moisturizing Body Wash, Skinfix Daily Relief Lotion, Skinfix Hand Relief Cream and Skinfix Healing Foot & Leg Balm.