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January 15, 2009
Eli Lilly and Co. has reached a resolution with the U.S. Attorney for the Eastern District of Pennsylvania (EDPA) and the Office of Consumer Litigation of the Department of Justice regarding the government investigation into the company's marketing a…
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January 15, 2009
Kendle has opened a second office in western India in Ahmedabad, expanding its presence in the country. Kendle has operated in New Delhi since 2004 and is planning additional expansion in India in 2009.
"Expansion in the Asia/Pacific region,…
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January 14, 2009
Pfizer plans to eliminate as many as 800 research positions at its labs around the world as a result of industry pressures that are creating a need to cut spending. Pfizer is facing the 2011 patent expiration of cholesterol drug Lipitor, which accoun…
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January 14, 2009
The FDA completed an inspection of Apicore LLC's kilo-scale API manufacturing site in Somerset, NJ. The inspection took place December 12-15, 2008, according to Compliance Program 7356.002F, “Drug Manufacturing Inspections for Bulk Pharmaceutic…
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January 13, 2009
PRA Taiwan, a subsidiary of PRA International, has entered a strategic partnership with LSK Global Pharma Services and Mediscience Planning for the joint management of multinational clinical trials in Asia as well as related services, such as study m…
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January 12, 2009
EpiCept Corp. is discontinuing all drug discovery activities and reducing its workforce by approximately 65%. These actions are expected to reduce annual expenses by at least $5.5 million. EpiCept will direct its resources toward the registration of…
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January 9, 2009
Almac Clinical Technologies has added 6,000 sq. ft. of space at its Yardley, PA headquarters. The expansion is part of the company’s strategy to provide an environment that "spurs innovation, high quality project management, and customer s…
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January 8, 2009
Tekmira Pharmaceuticals expects to receive $11.2 million during the next three years from partner Alnylam Pharmaceuticals for process development and manufacturing services. This commitment is part of the company's manufacturing pact with Alnylam for…
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January 8, 2009
Crucell N.V. is in preliminary discussions with Wyeth for the purchase of the Dutch vaccine company in a transaction valued at nearly $1.4 billion. In a statement, Crucell confirmed the talks, saying it is in "friendly discussions with Wyeth tha…
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January 8, 2009
UPS has been selected by Merck to manage a significant portion of its U.S. distribution of pharmaceuticals and vaccines as well as to provide package transportation services. Through its subsidiary, UPS Supply Chain Solutions, UPS has assumed control…
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January 7, 2009
Keata Pharma, a subsidiary of PharmEng International, has signed an agreement with an undisclosed global consumer healthcare company for the manufacture of branded non-prescription drug products for Canada and other international territories. This ne…
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January 7, 2009
Akrimax Pharmaceuticals has entered a manufacturing agreement for the production of pharmaceutical products for an undisclosed global company. Akrimax will begin production in 2009.
Akrimax president Alan L. Rubino…
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December 31, 2008
Nektar Therapeutics has sold some of its pulmonary delivery assets, technology, and intellectual property to Novartis for $115 million in cash. Novartis now owns "certain dry powder and liquid pulmonary formulation and manufacturing assets, incl…
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December 30, 2008
Actavis Inc. has reached agreement with the FDA on a Consent Decree of Permanent Injunction the company’s Actavis Totowa LLC subsidiary. This agreement, in effect, settles the issues identified by the Department of Justice in its previously fil…
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December 19, 2008
PharmaNet Development Group is working with a financial advisor to pursue strategic alternatives, including the potential sale of the company. “The Board of Directors and management believe that pursuing strategic alternatives will maximize sha…
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