Sterling Biotech, India's largest gelatin producer, has struck a
deal with Gujarat Biotech (TGBL) to purchase its manufacturing unit
for Rs 55 cr ($12.3 million) in an all cash deal. Sterling's
acquisition brings it one...
Portuguese contract manufacturer Hovione has expanded the range of
services it can offer its pharmaceutical customers with the
addition of a new suite of spray drying (lyophilisation) systems in
Europe and the US.
Diosynth Biotechnology, the contract manufacturing subsidiary of
Dutch chemicals and pharmaceuticals group Akzo Nobel, has won a new
contract to manufacture a cardiovascular imaging agent due to start
Phase III testing in 2006.
Dowpharma has announced the addition of an oligonucleotide
synthesizer for its manufacturing of nucleic acid medicines. The
new oligo synthesizer is said to increase speed and flexibility in
producing clinical quantities for customers.
The Hovione Group revealed its yearly figures for 2005, which
revealed that sales grew by 8 per cent. The company's performance
is in contrast to the pharma fine chemicals sector, which between
2002 and 2004 had an average 14...
Cambrex has recorded a gain in the second quarter of this year,
with growth in its Bioproducts and Human Health segments. The
performances overshadow the company's troublesome BioPharma
division, indicative of a market for outsourced...
Swiss chemicals firm and contract manufacturer Lonza fulfilled its
promise of stronger financial results in the first half of 2005,
with profits coming in at the lower end of the forecast range, but
still on target, reports Phil Taylor.
US drug major Bristol-Myers Squibb has turned to Celltrion, a
company based in South Korea, for the manufacture of biologic
drugs, in another example of companies 'offshoring' production to
Asia, reports Phil Taylor.
Lonza has started a SF 14 million (€9m) expansion of its biologics
manufacturing facility in Slough, UK, in response to what it said
was increasing demand for mammalian cell production for clinical
trials, reports Phil Taylor.