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Invitrogen To Acquire Applied Biosystems
June 13, 2008
Invitrogen Corp. has agreed to pay $6.4 billion in cash to acquire Applera's Applied Biosystems (AB) Group. AB develops DNA analysis devices for sequencing human genes. Earlier this year, the company announced it had sequenced an entire human genome…   Read More »
Parexel Makes Bid To Acquire ClinPhone
June 13, 2008
Parexel International has reached an agreement to acquire ClinPhone, a clinical technology organization headquartered in Nottingham, UK. The acquisition is based on the offer price of approximately $182 million.     Josef von Ricke…   Read More »
GSK To Cut R&D Staff
June 13, 2008
GlaxoSmithKline plans to cut 350 jobs, or 2% of its research staff, as part of an ongoing restructuring plan aimed at increasing productivity, according to a company statement.     "We continue to reshape our R&D operations…   Read More »
Almac Group Launches Oncology Division
June 12, 2008
Almac Group has created a separate division called Almac Discovery, focussed exclusively on the discovery and development of novel approaches to the treatment of cancer and associated conditions, with the goal of developing a biomarker or diagnostic…   Read More »
Daiichi Sankyo To Buy Control Of Ranbaxy
June 11, 2008
Daiichi Sankyo Co. plans to purchase a controlling stake in Ranbaxy Laboratories Ltd. for approximately $4.6 billion, acquiring 50.1% of the company, according to a company statement. Ranbaxy's chief executive officer, Malvinder Singh, will retain hi…   Read More »
Patheon Expands PR Facility
June 11, 2008
Patheon, Inc. is expanding its Manati, PR facility to add a dedicated high potency and controlled substance manufacturing area. The company will invest $2.8 million in a new 3,386-sq.-ft. area that will include three manufacturing suites, air lock co…   Read More »
Cold Chain Technologies Expands
June 10, 2008
Cold Chain Technologies (CCT) has opened its new plant in Reno, NV and has expanded its plants in Massachusetts and Tennessee, doubling its Massachusetts thermal testing facility. Also, CCT has named Jeff Bernardi, Reno plant manager and Jamie Chaste…   Read More »
GSK Completes Sirtris Acquisition
June 6, 2008
GlaxoSmithKline has completed its acquisition of Sirtris Pharmaceuticals, Inc. for approximately $720 million in cash. Through the acquisition GSK has enhanced its metabolic, neurology, immunology and inflammation research efforts by establishing a p…   Read More »
Ipsen To Acquire Tercica
June 5, 2008
Ipsen, S.A. and Tercica have entered into a definitive merger agreement under which an affiliate of Ipsen will acquire all outstanding shares (approximately 43%) of Tercica for approximately $663 million in cash. This transaction, which is subject to…   Read More »
Novartis To Acquire Protez Pharma
June 4, 2008
Novartis plans to acquire Protez Pharmaceuticals for as much as $400 million. Protez is a privately held biotechnology company based in Malvern, PA. Its lead drug candidate, PZ-601, is an injectable antibiotic in Phase II development for the potentia…   Read More »
Microtest Labs Doubles Microbial, Analytical Services
June 4, 2008
Microtest Laboratories has doubled its microbial identification and analytical services with the purchase of an additional MicroSeq Microbial Identification System. The MicroSeq is a DNA sequence-based system used to identify bacteria isolates that a…   Read More »
Patheon Creates Japanese Subsidiary
June 3, 2008
Patheon, Inc. has established a Japanese subsidiary based in Tokyo, Japan. Patheon K.K. will operate from a new office located in the Nihonbashi district of central Tokyo and will support Patheon's business requirements in the region. Local staff wil…   Read More »
Kendle Acquires DecisionLine
June 3, 2008
Kendle has acquired DecisionLine Clinical Research Corp., a privately held, early phase CRO with a state-of-the-art medical facility in Toronto, Canada. DecisionLine specializes in Phase I studies involving the measurement of pharmacodynamic effects…   Read More »
Mylan Acquires Merck KGaA's Generics Businesses
June 2, 2008
Mylan, Inc. has acquired Merck KGaA's Central and Eastern Europe (CEE) generics businesses, which include operations in Poland, Hungary, Slovakia, Slovenia and the Czech Republic. Mylan exercised its option to acquire these businesses as part of a pr…   Read More »
Bilcare Expands Storage Capacity
May 30, 2008
Bilcare Global Clinical Supplies has completed the expansion of its warehouse facility in Phoenixville, PA, doubling ambient storage capacity at the facility. This expansion is part of a four-phase project to expand the warehouse and distribution are…   Read More »
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