Budding biotech company Artelis is the first to benefit from
Solvay's new strategy to undertake 50 per cent of its new projects
in partnership with outside start-up companies.
Superfos Pharma, one of Europe's leading suppliers of plastic
packaging for the pharma market, has been acquired by Gerresheimer
in a move that should double the group's turnover in plastics to
€50 million.
New insights into the dysregulation of beta cells and their impact
on type 2 diabetes progression is now possible after Roche
announced a partnership, which aims to identify novel pathways and
new biomarkers for drug development.
US drug company, Eli Lilly, offered a more encouraging outlook than
was expected forecasting an earnings growth of up to 12 per cent, a
stark contrast to its struggling competitors, who also face generic
competition, drug safety and...
Samson Medical Technologies has signed a co-marketing agreement
with Baxa for its novel packaging system designed to improve
patient safety by reducing the risk of medication errors in
prescription drug compounding.
Aegate will launch a software solution to combat one of the
pharmaceutical industry's biggest and growing patient safety issues
- counterfeit drugs - in the UK, US and Belgium in 2006 following
the recent success of its UK pilot...
Clinical trials service provider, The Specials Clinical
Manufacturing, has announced the recent installation of Isopak's
In-Cap machine, an automatic bench machine that is currently the
smallest automatic filling machine in the...
Omron Corp aims to invest $20 million in the next two years in an
attempt to capture a larger slice of the RFID market, which is
expected to swell from $1.95 billion (€1.65 million) in 2005 to an
estimated $26.9 billion in 2015, driven...
Alcan has acquired the outstanding minority share of Propack in a
deal that further cements the company's standing in the Chinese
market. The acquisition forms part of a major restructuring
exercise, in which the closure and...
Sun Microsystems have strengthened the fight against drug
counterfeiting by launching a unique RFID software package tailored
to the specific needs of the pharmaceutical industry.
German biotech company Evotec OAI boosted its third quarter
revenues by 18 per cent to €19 million, despite the difficult
operating environment for companies supplying drug discovery
technologies, continuing its recovery from a weak...
The world's first and only radio frequency identification (RFID)
smart cap, originally designed for drug trial compliance
monitoring, is being re-launched as an anti-counterfeiting tool.
Ampac have developed a novel, lightweight, high-barrier pouch,
offering pharmaceutical manufacturers a new option for delivering
pulmonary drugs in a more efficient manner than traditional
container types.
Cryopak Industries has struck a deal to supply GlaxoSmithKline
(GSK) with insulated containers and internal thermal components for
shipping of its temperature sensitive vaccines in Canada.
Systech International's new TIPS Serialized Product Tracking
solution software will aid in the fight against counterfeit and
diverted products within the pharmaceutical and healthcare
industries.
A recently published report has revealed that less than 13 per cent
of US consumers believe that information provided by pharmaceutical
companies is more trustworthy than healthcare information provided
by other organisations.
The Food and Drug Administration has approved Flexbumin, the first
human albumin preparation to be packaged in a flexible container,
reducing the risk of breakage while being more compatible with
hospital inventory storage systems.
According to a new report, worldwide revenues for cell and cytokine
therapies in regenerative medicine are set to reach $20.7 billion
(€17.3 billion) in 2010 in a sector that provides a viable
alternative to using drugs or other therapies.
The Marchesini Group introduces its new range of blister line
machinery that is set to reduce the time it takes to carry out
validation and get into production, which is aimed at manufacturers
in the pharmaceutical, cosmetics and...
Key Technology subsidiary Symetix has launched a new inspection
system fortablets, capsules, and softgels called Vantyx that it
claims can achieve 100 percent, in-line inspection at full
production speeds.
The pharmaceutical division of French packaging company Valois has
completed construction of a pilot filling and packaging unit based
at its site in Le Vaudreuil in the Eure area of France, dedicated
to the production of pressurised...
Hueck Folien has introduced a new heat sealing lacquer that should
improve the barrier properties of blister packaging using
Honeywell's Aclar fluoropolymer films.
Multisorb Technologies has launched a new oxygen-absorbing product
to increase the shelf life of pharmaceuticals at the ongoing Pack
Expo Las Vegas exhibition.
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
transaction.
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...
PD-Rx Pharmaceuticals says it has completed the infrastructure of
an online, web-based pharmaceutical tracking system - called the
Pedigree Security Network - to help combat drug counterfeiting.
According to a new report, the biopharmaceutical market is
predicted to increase from $1.4 billion (€1.14 billion) in 2003 to
$2.6 billion in 2006. The market was dwarfed by the pharmaceutical
industry 20 years ago but continues to...
The US market for pharmaceutical packaging will grow by nearly a
third between 2004 and 2011, driven by the increasing demands
placed on packaging by biologic drugs and novel drug delivery
formulations, according to consulting firm...
Italy's Bonfiglioli has updated its BLI leak testing machine for
blister packaging, first introduced last year, with the ability to
automate sampling between the blister machine and the cartoner for
in-process automatic testing.
One of the difficulties facing the pharmaceutical industry is the
sheer volume of information that has to be incorporated on drug
labelling and packaging, which often makes designing packaging more
a function of squeezing in material,...
With blockbuster patents set to expire, the biogenerics market is
set to cash in as previous challenges such as a lack of regulatory
framework are nearing resolve, particularly in Western Europe.
According to a new report, the bioinformatics market is set to
surge ahead, boosted by data proliferation and the need for
improved drug research productivity. Along with the solid support
of national governments, the European bioinformatics...
India's Bilcare Ltd, a research-based pharmaceutical packaging
solutions company, has acquired ProClinical of the US in a deal the
company says takes it 'closer to achieving its vision of becoming
the world leader in the...
US company Ampacet has developed molecular tracers that allow
manufacturers to monitor flexible and rigid cosmetics plastic
packaging - at any stage in the supply chain - to help resolve
security, counterfeiting, quality, liability...
Packaging company Crown Holdings is planning to sell its plastic
closures business for approximately $750 million to European
private equity firm PAI partners.
Packaging company Alcan has said it plans to close its Cayey
pharmaceutical glass vial operation, based in Puerto Rico, in order
to streamline its North American vial manufacturing network.
US paperboard and plastic packaging company Chesapeake is to
acquire Impaxx Pharmaceutical Packaging Group, which does business
as Arlington Press, for $65 million (€52.5m).
The raft of pharmaceutical companies reporting results for the
second quarter of 2005 provided mixed indications as to the state
of the industry. The claim that pipeline product fruition is
beginning to return among the pharmaceutical...
BioFocus and Organon have announced they are to embark on the
second phase of collaborative projects involving key GPCR targets
for therapeutic applications and drug discovery.
Aegis Therapeutics announced it has entered into a licensing agreement for its patented Intravail drug delivery technology for application to several paediatric therapeutics.
Italian processing machinery company IMA Group has decided to
increase its investment in a Chinese joint venture to tap into a
growth market at a time when its established territories in the
West are showing lacklustre growth, reports...
The acquisition of Flexible Packaging (FlexPac) of the US by the
Blackard Group will spur the development of the company's
technology into new industrial sectors, including pharmaceuticals.
Alcan has launched the Guardlid, a new child-resistant
pharmaceutical packaging solution that has been designed
specifically for use in the pharmaceutical and healthcare markets.
Manufacturing consolidation and acquisition costs helped reduce net
income as Millipore revealed its 2005 second quarter financial
results. The company has just completed the purchase of two
companies with the intention of increasing...
Life sciences investment group Abingworth Management has announced
the initial Abingworth BioEquities Fund (ABE) has raised $53
million (€44 million) to invest across the life sciences field
including human therapeutics.
The European Medicines Agency has published updated guidelines on
the use of plastic packaging in pharmaceuticals, in a bid to help
packagers select the best and safest materials for their products.
