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FDA approves Allergan’s Rhofade cream
SILVER SPRING, Md. — The Food and Drug Administration has approved Allergan’s Rhofade (oxymetazoline hydrochloride) cream, the company announced Thursday. The cream is indicated to treat persistent facial redness from rosacea in adults.Lilly to acquire CoLucid Pharmaceuticals
INDIANAPOLIS and CAMBRIDGE, Mass. — Eli Lilly on Wednesday announced its planned acquisition of CoLucid Pharmaceuticals. The $960 million all-cash transaction is aimed at growing Lilly’s migraine pain management portfolio and will add a potential near-term launch to its late-stage pipeline.