Zydus Lifesciences gains FDA aproval for Chlorpromazine Hydrochloride Injection

Zydus Lifesciences gains FDA aproval for Chlorpromazine Hydrochloride Injection

In a notable development for the pharmaceutical industry, Zydus Lifesciences Limited, along with its subsidiaries and affiliates, has received final approval from the United States Food and Drug Administration (USFDA) for the manufacture and market of Chlorpromazine Hydrochloride Injection USP. The approval encompasses two formulations: 25 mg/mL and 50 mg/2 mL (25 mg/mL) in Single-Dose […]

Biogen strikes $600m deal with Pfizer for promising schizophrenia drug

Biogen strikes $600m deal with Pfizer for promising schizophrenia drug

Biogen, a leading US biotechnology firm, has reached a significant agreement to acquire Pfizer’s neurology drug candidate, PF-04958242, which is being developed to address cognitive impairment associated with schizophrenia (CIAS). The deal, potentially worth almost $600 million, includes an upfront payment of $75 million, with additional milestone payments and royalties that could total up to […]