Breaking News on Contract Research, Manufacturing & Clinical Trials

Hot Topics > Consolidation

Minapharm buys CMO ProBioGen for €30.4m

17-Jun-2010 - Egypt-based Minapharm has acquired 95 per cent of CMO ProBioGen for a possible total of €30.4m ($37.6m).

Icon and Parexel partner with B-MS to support clinical dev

15-Jun-2010 - Bristol-Myers Squibb (B-MS) has inked deals with Icon and Parexel to support the large volume of clinical development work it expects to perform in coming years.

Patheon op profit up 12%

14-Jun-2010 - Patheon has posted a 12 per cent growth in operating profit in the second quarter and said there is “strong evidence” the business environment is improving.

Interactive Quiz

US industry quiz – how much do you know about H1 2010?

11-Jun-2010 - Know your Lilly from your Lonza? Then test your industry knowledge against colleagues, peers and our community of readers by participating in our exclusive map-based quiz.

CRL shareholder criticises and opposes WuXi deal

09-Jun-2010 - CRL shareholder Jana Partners has said the attempt to buy WuXi PharmaTech is the “wrong path” and it will vote against the deal.

Novella buys Prologue to strengthen oncology services

03-Jun-2010 - US-based contract research organisation (CRO) Novella Clinical has acquired Prologue Research to enhance its offering of oncology clinical trial services.

Surya raising funds to invest in production capacity

02-Jun-2010 - India-based Surya Pharmaceuticals is planning to raise Rs 500 crore ($100m) to fund construction of an active pharmaceutical ingredient (API) production plant, according to local media reports.

i3 hopes ChinaGate opens path to regulatory success

25-May-2010 - i3 has bought contract regulatory services firm ChinaGate to build in China’s rapidly expanding drug and device clinical research market.

WuXi Q1 lab biz grows, good news for potential new owner CRL

12-May-2010 - Continued strong demand for laboratory services and improved manufacturing division performance helped Wuxi PharmaTech to grow in Q1.

News in brief

ERT buys CRS adding respiratory diagnostics to offering

04-May-2010 - Cardiac monitoring and ePRO specialist ERT has added respiratory diagnostics and device manufacturing services to its offering with the acquisition of CareFusion Research Services (CRS) for $81m (€61m).

CRL to buy WuXi for $1.6bn

26-Apr-2010 - Charles River Laboratories (CRL) is to acquire WuXi PharmaTech for $1.6bn (€1.2bn), creating a global CRO capable of offering fully integrated services from molecule creation to first-in-human testing.

News in brief

Medpace buys device testing firm Symbios

26-Apr-2010 - US CRO Medpace has move into medical device trials with acquisition of Symbios Clinical in a bid to tap into what CEO August Troendle said was a growth area for...

Oracle to buy Phase Forward $685m

19-Apr-2010 - IT giant Oracle will pay $685m (€507m) for eClinical solutions firm Phase Forward, significantly expanding its presence in the billion dollar contract clinical research sector.

Clearstone expands Toronto site but is closing NJ lab

06-Apr-2010 - Clearstone is expanding safety and esoteric capacity at its laboratory in Toronto, Canada, allowing it to close its facility in New Jersey, US and consolidate North American operations.

IRL and Epichem partner to serve Australasian market

23-Mar-2010 - IRL and Epichem have entered into a strategic alliance to provide the Australasian pharma market with services from drug discovery through to cGMP production.

Exclusive Interview

MDS' sites "perfectly dovetail" with Ricerca's capacity; VP

17-Feb-2010 - The capabilities of the MDS Pharma Services' sites Ricerca is set to acquire "perfectly dovetail" with its existing capacity, according to a company vice president.

Pressures will drive CROs to merge or find a niche; report

11-Feb-2010 - Consolidation in pharma, coupled to the trend for strategic partnerships, will lead to CRO mergers, with large companies getting bigger and small firms focusing on niche opportunities, according to a...

Galapagos buys Argenta to strengthen discovery services

03-Feb-2010 - Belgium-based Galapagos NV has acquired Argenta Discovery for €16.5m ($23.1m), creating a drug discovery service company with 390 employees and estimated revenues of €70m.

Biocon and Siro Clinpharm in talks

28-Jan-2010 - Biotechnology firm Biocon is in talks with CRO Siro Clinpharm about a potential partnership, according to reports in the Indian media.

Recipharm adds large-scale lyophilisation to offering

27-Jan-2010 - Recipharm says acquisition of German CMO Wasserburger Arzneimittelwerk from Hospira adds large-scale lyophilisation services to its offering.

MDS predicts lower sale proceeds from early stage biz

27-Jan-2010 - MDS believes its early stage business is likely to sell for less than previously expected because of the continued deterioration of market conditions and its declining customer base.

PPD sells biomarkers biz to Caprion

25-Jan-2010 - US CRO PPD has sold its biomarker discovery sciences unit to Caprion Proteomics, bucking the trend that has seen many of its sector rivals invest in this part of the...

Quotient: GE deal secures customers' 14C supply ahead of Cardiff move

20-Jan-2010 - Quotient Bioresearch has secured the supply of 14C labelled compounds for its customers ahead of its move to a new purpose built facility in Cardiff through an extension of its...

Siro plans European growth; updates on Omega integration

13-Jan-2010 - Indian CRO Siro Clinpharm has renamed its European units and plans to open offices in two more countries in the region in the next few months.

News in brief

Trial IRBs ERC and IRB to merge

11-Jan-2010 - US clinical trial review groups Independent Review Consulting (IRC) and Ethical Review Committee (ERC) are to merge and operate under the name Ethical and Independent Review Services (E&I).