Sunday 5 May 2024
 
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generic drugs

Teva’s $40bn bid 'to transform generic drug sector'

Teva Pharmaceutical Industries’ recent $40-billion bid to purchase Netherlands-based Mylan has the potential to transform the generic drugs arena, said an analyst with research and consulting firm GlobalData. Mylan had made

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Glaxo enters branded generics market

GlaxoSmithKline, the world's second largest drugmaker, took a bold step in the branded generics marketplace via an alliance with South Africa's Aspen Pharmacare Holdings. The move is the latest sign of Glaxo diversifying the focus of its b

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