Teva Pharmaceuticals signs with Kowa to form generics company in Japan
JERUSALEM Teva Pharmaceutical Industries has signed an agreement with Kowa Company to establish a generic pharmaceutical company in Japan, Teva announced Sept. 24.
The two companies said they hoped the combined company, called Teva-Kowa Pharma, would reach sales of $1 billion by 2015.
“Combining Kowa’s knowledge of and established reputation within the Japanese market with Teva’s global leadership and expertise in generics should enable us to maximize the opportunity available in this important growth market,” Teva president and chief executive officer Shlomo Yanai said. “Our objective is to provide the Japanese generic market, which is expected to double in volume in the next five years, with high-quality and affordable pharmaceuticals, supporting the government?s stated objective of increasing generic penetration.”
Capital Health System, Bristol-Myers Squibb to spread awareness about chronic diseases, prescription drugs
PRINCETON, N.J. Bristol-Myers Squibb and Capital Health System have announced that they will co-host a health fair Tuesday, Oct.14, to highlight the importance of managing chronic diseases and disseminate information about assistance programs created to help low-income patients pay for prescription drugs.
The fair is scheduled to start at noon and run until 3 p.m. at the Capital Health System Family Health Center in Trenton. Free wellness screenings will be given and actor Joey Pantoliano will make an appearance and speak about diagnosing and treating depression.
Pantoliano will speak on behalf of the Partnership for Prescription Assistance, a nationwide network of pharmaceutical makers working to provide assistance to low-income individuals to pay for their medications for chronic illnesses.
Capital Health System also will provide free high blood pressure, diabetes, dyslipidemia and HIV/AIDS screenings, free vision tests, perform height and weight screenings and distribute information about breast, colorectal and prostate cancers.
Other health-related information provided by Capital and Bristol-Myers Squibb at the fair will cover body composition screenings for newborns, breast-feeding information for new mothers as well as bicycle safety training and demos on and car seat installations for small children.
Appeals court sides with Amgen over Roche anemia drug patent infringement
WASHINGTON Amgen won a case against Roche over a drug for anemia that the latter has tried to get into the United States market in a U.S. appeals court Friday, affirming an Oct. 3 decision by a federal judge in Boston.
Amgen said that Roche’s drug Mircera (methoxy polyethylene glycol-epoetin beta) infringed on its patents for the drugs Aranesp (darbepoetin alfa) and Epogen (epoetin alfa). Mircera is on the market in Europe, and the Food and Drug Administration approved it for the U.S. market in 2007.
“Amgen is pleased that the Court of Appeals has affirmed the preliminary injunction barring Roche from selling its [peg-erythropoietin] product in the United States in violation of Amgen’s erythropoietin patents,” Thousand Oaks, Calif.-based Amgen said in a statement.