Asia Rounds Up Regulations, To Adopt 10 EMA Guidelines

The Therapeutic Goods Administration (TGA) of Australia seeks suggestions after it announced its plan to adopt new EMA guidelines. Said guidelines include clinical development of drugs against Duchenne Muscular Dystrophy (DMD). TGA will accept comments until 9 November.

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Australia Is Moving Forward to Legalize Medicinal Marijuana

Some states in Australia already legalized medicinal marijuana regionally, but the new bill will allow marijuana to be cultivated and consumed for medical purposes across the country. The bill is highly likely to become a law because it has received huge supports from the authorities and citizens.

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Allergan's Botox Becomes US$10 Billion Cheaper for Investors

Allergan Inc became US$9.6 billion cheaper for acquirers who would want to purchase the Botox wrinkle treatment.

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Heptares gains $21 mil to fund Alzheimer's treatment

Heptares Therapeutics raised $21 million from Stanley Family Foundation and other investors.

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Shire, Teva Pharmaceutical Settle Patent on Intuniv

Shire Plc (SHP) pulled off a settlement agreement with Teva Pharmaceutical Industries Ltd. (TEVA), enabling the later to manufacture cheap generic copies of Intuniv.

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Bayer Predicts Peak Annual Sales for Xarelto

Bayer AG is predicting that its Xarelto, a drug to prevent stroke, will reach peak annual sales.

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