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October 23, 2007
Almac, a provider of R&D and manufacturing services based in Craigavon, Northern Ireland, announced plans to invest $100 million to build its North American headquarters. The new facility will add approximately 260 jobs within three years.
Sai…
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October 19, 2007
King Pharmaceuticals plans to lay off 20% of its workforce in an effort to speed up its strategic focus in neuroscience and hospital/acute care. The company estimates that the firings and other reductions in general and administrative expenses will s…
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October 16, 2007
Baxter International, Inc. has signed an agreement with Kaketsuken, the Chemo-Sero-Therapeutic Research Institute based in Kumamoto Japan, for the worldwide rights to develop, manufacture and market the recombinant protein ADAMTS13 for the treatment…
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October 15, 2007
Biogen Idec's board of directors has authorized management to evaluate the potential sale of the company.
BI's business outlook, released on September 6, expressed the company's quest to generate strong operating and financial performance by the…
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October 15, 2007
Gene Logic, Inc. signed an agreement to sell its Genomics assets to Ocimum Biosolutions Ltd. for $10 million in cash. Under the terms of the agreement, Gene Logic retains full rights to use the existing information databases of its former Genomics bu…
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October 15, 2007
Genzyme Corp. and the FDA's Cardiovascular and Renal Products Advisory Committee will meet to consider the use of phosphate binders in patients with chronic kidney disease (CKD) who are not on dialysis.
The FDA has also requeste…
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October 12, 2007
Thermo Fisher Scientific, Inc. has plans to construct an $11 million, state-of-the-art BioCenter for the manufacture of single-use bioprocess containers (BPCs) and related products at its existing bioprocess production unit in Logan, UT.
The inv…
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October 12, 2007
Pharm-Olam International Ltd. (POI) will open an additional U.S. office in Princeton, NJ this November.
"With the opening of our Princeton office, Pharm-Olam is even better positioned to serve the needs of pharma and biotech sponsors in th…
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October 10, 2007
UCB has opened a new manufacturing facility in Shannon. The new facility will enable the production of Fesoterodin for over-active bladder, which has been developed by Schwarz Pharma, now part of the UCB Group, and is licensed exclusively to Pfizer.…
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October 9, 2007
Tandem Labs increased its discovery support capacity at its New England facility in Woburn, MA with the acquisition of additional MDS SCIEX API 5000 and 4000 LC/MS/MS systems. The acquisition doubles the facility's current triple quadrupole LC/MS/MS…
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October 9, 2007
Thermal packaging manufacturer TCP Reliable, and DDL, a package testing services firm, have merged to create a packaging engineering group specializing in the medical device and biopharmaceutical industries. The two companies will continue to operate…
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October 8, 2007
Shire has agreed to sell a portfolio of non-core products to Almirall for $213 million in cash in order to pursue its new market strategy. The portfolio includes the dermatology products, Solaraze for the treatment of common skin lesions caused by su…
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October 5, 2007
Wyeth Pharmaceuticals signed a definitive agreement to acquire Haptogen Ltd., a Scottish biopharmaceutical company based in Aberdeen. Haptogen will become part of Wyeth Discovery Research.
Haptogen has developed technologies that allow for the d…
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October 4, 2007
Sancilio & Company, Inc. (SCI) has established 21 CFR Part 210/211 Compliance Auditing Services for drug manufacturers importing materials, supplies, products and excipients from Asia. The new service is based in Shanghai.
According to Fred…
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October 3, 2007
Cangene Corp. is consolidating its R&D activities within the Winnipeg head office location. The company recently instituted several strategic changes in its R&D processes to formalize and enhance new product development. Having a consolidated…
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