Author: Ryan Voyles

Sagent Pharmaceuticals Announces Acquisition of Raleigh Manufacturing Site

Nichi-Iko Pharmaceutical Co., Ltd. ("Nichi-Iko") and Sagent Pharmaceuticals, Inc., a Nichi-Iko Group Company ("Sagent"), a leader of specialty pharmaceutical products with an emphasis on the injectable market, today announced that Sagent has acquired an FDA-approved manufacturing site in Raleigh, North Carolina, from Xellia Pharmaceuticals ("Xellia"). Financial terms of the transaction have not been disclosed.

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Pharmacy benefit managers face scrutiny during hearing on prescription drugs

Lawmakers questioned whether more oversight is necessary of pharmacy benefit managers at a three-and-a-half hour joint meeting of the House Prescription Drug Affordability and Accessibility and Insurance committees Friday in Chicago.

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