Company news: Novartis and Boehringer Ingelheim

Share this article:
Novartis is setting itself up to dominate the generic dermatology market. The company said Thursday that generics subsidiary Sandoz is purchasing Fougera Pharmaceuticals for $1.5 billion in cash. The company estimated the merged businesses will have about $620 million in generic dermatology sales, the majority of which will be in the US.

Boehringer Ingelheim launched what it called the largest observational study of non-valvular atrial fibrillation (NVAF) patients. The goal is to enroll 56,000 patients from 50 countries and fill all 56,000 slots by the next decade. NVAF is a form of atrial fibrillation, which is known as an irregular heartbeat but which is also linked to stroke-causing blood clots. A registry, known as GLORIA-AF, will track the long-term impact of anti-clotting treatments, including warfarin, acetylsalicylic acid, BI's anticoagulant Pradaxa (dabigatran etexilate mesylate) and J&J/Bayer's blood thinner Xarelto (rivaroxaban).
Share this article:
close

Next Article in Business Briefs

Email Newsletters

More in Business Briefs

Penn and Teller give take on vaccines

The Las Vegas twosome give the anti-vaccination movement their signature treatment.

GSK allegations build in Jordan and Lebanon

GlaxoSmithKline says it is investigating allegations of employee misconduct. The company said in a statement that the allegations have numbers "very similar to those reported by other companies in our sector."

Generic Celebrex is coming

Pfizer and Teva's settlement puts generic Celebrex on the market by December.