Arsenal Capital Partners has acquired a majority stake in Reilly
Industries for €209 million and Velsicol Chemical for an
undisclosed fee. The purchases continue a rich vein of activity for
the private equity firm, which now hold...
Drug packaging maker West Pharmaceutical Services release its 3Q
results, which indicate a rise in profits but fell short of analyst
estimates, due to slow sales in some segments and high raw material
and energy costs.
Bruker AXS, a subsidiary of the Bruker BioSciences Corporation, has
announced an agreement to purchase Roentec, an x-ray microanalysis
instrumentation company that signals Bruker's intention to
reinforce its standing within this...
Dutch pharmaceuticals and chemicals giant Akzo Nobel reported
third-quarter sales of €3,29 billion, a slight decrease from the
previous quarter but up 5.4 per cent from the comparable period in
2004, thanks to growth in all its units,...
The GEA Group has acquired the manufacturer of freeze dryers for
pharmaceutical products, STERIS, a unit of US-based STERIS
Corporation in a deal that aims to strengthen the group's Process
Engineering Division in the Process...
BASF has announced it is to reduce production at one of its main
sites in a move that reflects the declining demand for
pseudoephedrine and caffeine caused by a change in prescription
regulations and pricing pressures.
Pharmaceutical manufacturers, Wyeth, are to phase out manufacturing
at its US facility as part of its consolidation plans, which will
see the gradual phasing out of all operations at the New York
facility by late 2008.
Contract biopharmaceutical manufacturer SynCo Bio Partners has
started construction of two new manufacturing suites at its
facility in Amsterdam, the Netherlands, in a move that builds on
the firm's ability to make microbial...
According to a recent report, the emerging market for protein
microarrays will experience strong growth buoyed on by the
emergence of the technology's ability to detect protein expression
more quickly and easily than traditional...
S R Pharma have released its interim results for the first half of
2005, which show the continued consolidation of Research and
Development costs as resources were diverted to acquire contract
development services provider, Atugen.
Celtic Pharma has announced the acquisition of a stake in IDEA - a
biopharma company, which is developing targeted therapeutics based
on novel, Transfersome carriers that can increase drug potency and
diminish harmful side effects.
DecisionNews Media is seeking a further reporter for its
pharmaceuticals industry news services. Applicants must be
exceptionally bright, ambitious and talented, with experience in
news writing on the pharmaceuticals industry.
New discoveries and innovative technologies will create growth
opportunities in the in-vitro diagnostics (IVD) market with
molecular diagnostic assays set to feature strongly in the
development of personalised medicine and theranostics.
PANalytical has added a new focusing mirror to its range of PreFIX
optics that for the first time, can analyse macromolecules using a
standard, laboratory-based XRD system, rather than on a synchrotron
beam line or a single crystal...
German packaging company Gerresheimer has announced plans to take
over the pharmaceutical business of troubled Glass Group Inc (GGI)
of the US, after a Delaware bankruptcy court approved the
Galapagos has announced that its acquisition of BioFocus' would
accelerate its transition to a fully integrated drug development
biopharmaceutical company after the two companies reached agreement
on the terms of a recommended...
Celsis International has signed a collaboration with BioVentures to
develop a microarray-based microbiological testing system to detect
contamination in pharmaceutical, biotechnology and other process
Euroscreen has announced the issuance of a US patent, which covers
the use of a human G-protein-coupled receptor (GPCR) human P2Y13.
The patent protects screening processes using this receptor to find
compounds that modulate its activity,...
The consolidation in the generic pharmaceutical industry continues
apace, with companies in the easterly reaches of Europe now getting
in on the act. Czech Republic-headquartered Zentiva has signed an
agreement to acquire 51 per cent...
Medimmune announced the signing of an agreement to acquire
Cellective Therapeutics, in a deal that furthers its strategy of
increasing new drug candidates in its specialist areas of cancer
and autoimmune diseases such as lupus and...
Pharmaceutical companies are increasingly looking to retain their
internal focus on research and development (R&D) and marketing
while outsourcing their manufacturing processes, thus fueling a
growing demand for the manufacturing...
India's largest pharmaceutical packaging company, Bilcare, is
planning to open a subsidiary in Germany, shortly after announcing
a major acquisition in the US, in a move that underlines its
Ambion and Rosetta Genomics have announced a licensing and
commercialisaton agreement to advance microRNA research. The
results will facilitate microRNA research that hails this as a
promising area in the treatment of a range of diseases.
Biotechnology firm, MorphoSys, have announced an agreement with
pharmaceutical company Shionogi, in a deal that fits into
MorphoSys' effort to expand geographically into the Japanese market
- currently the second largest individual...
Anglo-German company Evotec has reorganised its pharmaceutical
development services business by integrating its ProPharma
subsidiary, based in Scotland, into a new structure alongside its
Akzo Nobel business unit Diosynth, which specialises in the
production of complex active biopharmaceutical ingredients for the
pharmaceutical sector, has won a contract to apply its new method
for manufacturing synthetic peptides...
French drug delivery company Flamel Technologies suffered another
blow yesterday when it was revealed that TAP Pharmaceutical
Products has pulled out of deal to develop a formulation of its
big-selling gastrointestinal drug lansoprazole...
Following hot on the heels of the GSK's expansion of its vaccine
division, Novartis is seeking to take control of vaccine maker
Chiron by buying the remaining shares it does not already own in
the US firm for $4.5bn (£2.5bn).
The cost-effective benefits and research standards set to become
international has added to the attraction of outsourcing R&D to
India and China - two developing nations that are set to ease the
ever-increasing cost pressures,...
Affiliated Computer Services (ACS), announced today that it has
been awarded an additional information technology (IT) outsourcing
contract with GlaxoSmithKline (GSK), valued at $100.5 million (€82
million) over five years.
Charles River Laboratories saw a double digit boost in fiscal
second quarter revenues with a leap in operating earnings, helped
by its acquisition of Inveresk Research Group, and also to
continuing strong demand for research models...