Covance delays Virginia toxicity plant by 2 years
US CRO Covance has delayed the construction of a proposed $145m (€102m) preclinical toxicology testing facility at a 47 acre site at the Prince William Technology Park in Virginia.
Aurobindo enters injectables market with Trident deal
Generic drugmaker Aurobindo Pharma will add liquid-injectables to its roster of manufacturing capabilities with the purchase of fellow Indian firm Trident Life Sciences (TLSL).
Amcor halts share trading; is Alcan Pharma Packaging deal close?
Amcor has temporarily halted trading on the Australian stock exchange, fuelling rumours that the group is finally about to move for Rio Tinto’s Alcan pharmaceutical packaging unit.
Appointments at Millipore, AM Technology and Alder Pharmaceuticals – People on the move
in-PharmaTechnologist presents its latest round up of movements in the pharma sector, including appointments at Millipore, AM Technology and Alder Pharmaceuticals.
Weak pound benefiting UK CROs
The British pound’s weakness compared to other EU currencies is benefiting UK-based CROs, according to Lab Research (LRI), which attributed the poor performance of its Danish business to the exchange rate.
Medidata turns loss to profit in Q2
Medidata has followed its successful IPO by posting an operating profit in Q2, having made a loss last year, and giving a positive outlook for the rest of the year.
Gilead to close Colorado offices
Gilead Sciences is laying off up to 66 people as it closes its offices in Boulder and Westminster, Colorado, US to consolidate its operations in California.
LSO trials light activated cancer treatment
Light Sciences Oncology (LSO) has begun treating the first patient in a Phase I trial of Aptocine (alaporfin sodium), a drug activated by an LED device inserted into a tumour.
Accounting errors impact on Parexel in 09
Accounting errors related to the purchase of ClinPhone reduced Parexel’s operating income by $15.9m (€11.2m) in fiscal 2009 and the impact of these charges will continue into the next year.
EMEA approves Patheon’s Puerto Rico facility
The EMEA has approved Patheon’s facility in Manati, Puerto Rico, allowing the CMO to import to Europe and improving its fortunes on the island that caused it financial problems in the past.
Sani-Tech tubing could be boost for bio
Biotech processes will be improved by using Sani-Tech Ultra tubing, according to its manufacturer that claims the product has a longer lifespan and lower concentration of extractables than its competitors.
Pharsight launches PK/PD storage for small businesses
Pharsight has launched PKS Online to provide small companies with a PK/PD data and analyses storage system, which it claims saves users money and can improve early-stage development.
China lab services shine for WuXi in Q2
Wuxi PharmaTech’s China-based laboratory services grew by 23 per cent in Q2, outstripping expectations and resulting in the company revising its guidance for the business segment.
Dendreon expands manufacturing ops
There has been a blitz of activity at Dendreon following publication of positive trial data, with the company signing two leases for manufacturing facilities and beginning expanding an existing site.
India will take larger share of outsourcing market; report
India’s outsourcing sector is growing at 43 per cent, according to a new report that predicts the country will take a bigger share of the global market as concerns about operating there diminish.