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GSK is evaluating acquisitions in India, CEO says
3/10/2010
Abbott will acquire Facet Biotech for about $450 million
3/9/2010
D-Pharm chief has high hopes for stroke treatment candidate
3/9/2010

GSK is evaluating acquisitions in India, CEO says

3/10/2010

GlaxoSmithKline is considering deals to buy or work with Indian drugmakers, according to this article. In a Q-and-A, CEO Andrew Witty said the company will reduce the price of its drugs in India to extend its reach with low-income consumers. The drugmaker will also collaborate with local companies to cut production costs, Witty said. GSK is interested in acquisitions to increase its business in India, but only at the right price, he said.

Regulatory News

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FDA unit launches workshops to encourage orphan-drug applications
3/10/2010
Allergan obtains FDA approval for wider use of Botox
3/9/2010
FDA's Hamburg defends opposition to drug reimportation
3/9/2010

FDA unit launches workshops to encourage orphan-drug applications

3/10/2010

The FDA's Office of Orphan Products Development is hosting workshops to encourage research into treatments for rare diseases among drug and biotech companies, academic institutes as well as patient advocates. The first seminar was held last month and resulted in 14 submissions for orphan-drug status out of 29 potential sponsors, but Timothy Coté, director of the division, said he hopes to gather more applications during the second workshop in August.

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