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SAFC Pharma Offers Assay Capabilities

January 29, 2009
SAFC Pharma began operations at its 7,000-sq.-ft. state-of-the-art lab complex in Carlsbad, CA.   Read More »
Argenta Discovery, Zafgen Enter Obesity Drug Pact

January 29, 2009
Argenta Discovery Ltd. and Zafgen, Inc. have entered a drug discovery collaboration to develop one of Zafgen’s therapeutics programs for obesity.  Read More »
Goodwin Manufactures Neogenix MAb for Trial

January 29, 2009
Goodwin Biotechnology, Inc. (GBI) completed the first phase of manufacturing of Neogenix Oncology’s monoclonal antibody, NPC-1C.  Read More »
Financial Report: Novartis 4Q

January 28, 2009
Pharmaceutical sales were $6.4 billion in the quarter (+5%) and $26.3 billion for the year (+10%), driven by growth in oncology, the cardiovascular portfolio and $2.9 billion of contributions from recently launched products including Aclasta/Reclast, Tekt  Read More »
Financial Report: Gilead 4Q

January 28, 2009
Product sales increased 35% to a record $1.4 billion in the quarter and for the year product sales were up 36% to $5.08 billion, driven primarily by Gilead’s antiviral franchise, and growth in sales of Atripla and Truvada.  Read More »
Almac Plans U.S. Expansion

January 28, 2009
Almac Clinical Services, a division of the Almac Group, plans further expansion with a new $110 million North American Headquarters in the U.S.  Read More »
Xcelience Expands GMP Manufacturing Capabilities

January 28, 2009
Xcelience expanded its GMP manufacturing capabilities with the purchase of three new pieces of equipment for API services for pharmaceutical companies.  Read More »
Financial Report: Bristol-Myers Squibb 4Q

January 27, 2009
Pharmaceutical sales were $4.5 billion in the quarter (+4%). U.S. pharmaceutical sales were up 13% to $2.8 billion, while international sales were down 9% to $1.7 billion, primarily due to an 8% unfavorable foreign exchange impact.  Read More »
Financial Report: PAREXEL 2Q

January 27, 2009
Consolidated service revenue for the quarter was $200.9 million in Clinical Research Services (CRS), $31.9 million in PAREXEL Consulting and Medical Communications Services (PCMS), and $43.0 million in Perceptive Informatics, Inc.  Read More »
Financial Report: Amgen 4Q

January 27, 2009
Product sales were up 2% to $3.7 billion in the quarter. Sales in the U.S. were up 1%, to $2.9 billion, while international sales increased 4% to $774 million.  Read More »
Astellas Makes Offer for CV Therapeutics

January 27, 2009
Astellas Pharma has submitted a proposal to the board of directors of CV Therapeutics, Inc. to acquire all outstanding shares of CV Therapeutics at a total value of $1.0 billion in cash.  Read More »
Pfizer To Acquire Wyeth

January 26, 2009
Pfizer will buy Wyeth for $68 billion in cash and stock.  Read More »
Financial Report: Wyeth 4Q

January 26, 2009
Wyeth 4Q08 4Q Revenues: $5.3 billion (-7%) 4Q Earnings: $960 million (-5%) FY Revenues: $22.8 billion (+2%) FY Earnings: $4.4 billion (-2%) Comments: Revenues dropped as Effexor sales fell 7% to $902 million in 4Q08. For the year, Effe…  Read More »
Financial Report: Pfizer 4Q08

January 26, 2009
Pfizer 4Q08 4Q Revenues: $12.3 billion (-4%) 4Q Earnings: $266 million (-96%) FY Revenues: $48.3 billion (flat) FY Earnings: $8.1 billion (flat) Comments: Generic losses continued to dent Pfizer's sales: Zyrtec, Camptosar and Norvasc r…  Read More »
AMRI

January 26, 2009
Michael D. Ironside, Ph.D. has been named director of global project management at AMRI. In this newly created role, Dr. Ironside will be responsible for overseeing all project management activities related to products moving through AMRI’s pha…  Read More »

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