Business

Civitas Therapeutics will use $38 million in new financing for continued development of its CVT-301 inhaled L-dopa through Phase 3 clinical trials, the company has announced. A Phase 2B study of the drug, which is… Read more . . .

The European Patent Office has granted a patent for the XCaps dry powder inhaler, Hovione has announced. The company filed for the patent in June 2011. Hovione VP Peter Villax, who co-invented the inhaler, commented,… Read more . . .

According to Insmed Incorporated both the US and European patent offices are granting new patents related to the company’s Arikace liposomal amikacin for inhalation to treat Pseudomonas aeruginosa lung infections in cystic fibrosis patients and… Read more . . .

Inhaler monitoring specialist Asthmapolis has announced that the company has changed its name to Propeller Health. The company said that the name change reflects a widening focus that includes products for inhaled COPD medications as… Read more . . .

Capsugel will acquire Bend Research for an undisclosed amount, the companies have announced. Bend will become part of Capsugel’s Dosage Form Solutions (DFS) business unit. Although the press release highlights Capsugel’s new “access to a… Read more . . .

Swedish pharmaceutical company Meda has agreed to acquire Massachusetts-based Acton Pharmaceuticals for $135 million plus a $10 million milestone payment and royalty milestones. According to Acton, the deal could be worth up to $200 million.… Read more . . .

Opthalmic and injectables manufacturer Akorn will acquire Hi-Tech Pharmacal for $640 million in cash, the companies said. Hi-Tech Pharmacal’s products include generic albuterol inhalation solution and fluticasone nasal spray, plus several OTC intranasal products. The… Read more . . .

Lightlake Therapeutics has announced that the US National Institute on Drug Abuse (NIDA) wiill sponsor a Phase 1 pharmacokinetic study of Lightlake’s intranasal naloxone. If the results of the study are positive, the company said,… Read more . . .

Aegis Therapeutics has announced that it has received New Zealand Patent No. 5937828 for fast acting formulations of triptans that can be administered as nasal, buccal, or sublingual sprays. The company’s Intravail formulations have been… Read more . . .