Breaking News
5656 - 5670 of 6611 results
April 16, 2007
Galapagos' BioFocus DPI service division has signed two new collaborations with Ono Pharmaceutical Co. Ltd., building on the successful relationship between Ono and DPI, which began in 2004. Under the first collaboration, BioFocus DPI will use select…
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April 16, 2007
Lilly
1Q Revenues: $4.2 billion (+14%)
1Q Earnings: $508.7 million (-39%)
Comments: Alimta, Byetta, Cialis, Cymbalta, Forteo, Strattera, Symbyax, Xigris and Yentreve, collectively grew 57% to $1.3 billion, and accounted for 30% of total…
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April 13, 2007
CDISC (Clinical Data Interchange Standards Consortium, Inc.) has added two directors to its board, Dr. Christopher Chute of the Mayo Clinical College of Medicine and Paula Brown Stafford of Quintiles Transnational Corp. Dr. Chute and Ms. Stafford bri…
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April 13, 2007
The FDA Arthritis Advisory Committee voted 20-to-1 against recommending approval of Merck's Arcoxia for the symptomatic treatment of osteoarthritis. The drug has been under review by the FDA as an investigational selective COX-2 inhibitor since the N…
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April 13, 2007
Integrated Service Solutions, Inc. (ISS) has relocated its corporate headquarters to a new facility in the Towamencin Corporate Center in Lansdale, PA. The new 20,000-sq.-ft., state-of-the-art facility was designed to expand service operations in sup…
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April 12, 2007
Genentech
1Q Revenues: $2.8 billion (+43%)
1Q Income: $706 million (+68%)
Comments: U.S. sales rose 30% to $2.0 billion, driven by growth in Avastin sales (+34% to $533 million) and Rituxan (+12% to $535 million). R&D costs increased 63%…
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April 12, 2007
Novartis has agreed to sell its Gerber baby food business to Nestle for $5.5 billion in cash, completing the company's divestiture program and allowing it to focus on healthcare with pharmaceuticals at the core. The sale is expected to close by the s…
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April 12, 2007
Is MedImmune up for sale? According to a company statement, the board of directors at the company "has authorized management to evaluate whether third parties would have an interest in acquiring the company at a price and on terms that would rep…
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April 11, 2007
Abbott has officially opened its new state-of-the-art biologics manufacturing facility in PR to support the long-term supply Humira and other future biologics. The facility, Abbott Biotechnology Limited (ABL), received FDA approval in February to com…
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April 11, 2007
Parexel Consulting, a business unit of Parexel International has appointed five new consulting experts to support its growth. The consultants are based in Parexel's new Washington, D.C.-area office, in Bethesda, MD. The team of consultants is led by…
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April 11, 2007
Robert Bradway has been named executive vice president and chief financial officer, Amgen. He will be responsible for the company's finance, strategy and investor relations operations. Mr. Bradway replaces Richard Nanula, who is leaving the company t…
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April 11, 2007
Cardinal Health has completed the sale of its Pharmaceutical Technologies and Services (PTS) segment to The Blackstone Group for approximately $3.3 billion. Cardinal Health announced in November of last year that it planned to divest PTS to focus res…
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April 10, 2007
Pfizer and Renovis have extended the term of their worldwide collaboration to research, develop and commercialize small molecules that target the vanilloid receptor, VR1. This extension provides Renovis with additional research funding through June 3…
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April 10, 2007
Emisphere Technologies has appointed Michael V. Novinski to the position of president and chief executive officer effective immediately. Mr. Novinski had previously served as president of Organon USA Inc., a business unit of Organon BioSciences…
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April 10, 2007
Pharmatek Laboratories, a chemistry development organization, has opened its new 34,000-sq.-ft. facility in San Diego. The new location will initially more than triple Pharmatek's available laboratory and manufacturing space and house more than 100 e…
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