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November 9, 2007
Cambrex reported a 30% hike in third-quarter operating profits, to $3.5 million, on sales up 2.3%, to $54.7 million. The figures relate solely to ongoing businesses. Cambrex sold its...
November 9, 2007
Novozymes says it has agreed to acquire Philom Bios (Saskatoon, SK), a manufacturer of proprietary microbial inoculants for the agricultural industry, for approximately C$25.6 million...
November 9, 2007
DSM says that its DSM Ventures subsidiary and private equity firm Capital Resource Partners (CRP; Boston) have each invested in Ganeden Biotech (Mayfield Heights, OH), a manufacturer...
November 9, 2007
Novartis says it will spend about $700 million to build a biopharmaceutical drug manufacturing plant in Singapore. The planned facility will produce monoclonal antibody drugs designed...
November 7, 2007
Rhodia says it will cease production of paracetamol at its Roussillon, France plant by the end of 2008. Closing the plant will result in 43 job losses. Rhodia has another site for...
November 7, 2007
BASF plans to “ramp up” spending to develop diagnostic and prognostic test products designed by its Metanomics Health (Berlin) human health biotechnology business, said...
November 7, 2007
Pharmaceutical company Strides Arcolab (Bangalore, India) says it has agreed on a deal with pharma manufacturer Sagent Pharmaceuticals (Schaumburg, IL) to jointly develop, supply, and...
November 7, 2007
Wacker Chemie (Munich, Germany) says it will invest €15 million ($22 million) to expand its biopharmaceuticals manufacturing operations at Jena, Germany. The investment program...
November 6, 2007
Pfizer says it will cut a total of 200 jobs at Portage and Kalamazoo, MI, within a year, in addition to job cuts announced across the group earlier in 2007. The job cuts represent...
November 5, 2007
DSM says its subsidiary DSM Ventures and private equity firm Capital Resource Partners (Boston, MA) have each invested in Ganeden Biotech (Mayfield Heights, OH), a manufacturer of...
November 1, 2007
The Synthetic Organic Chemical Manufacturer's Association (SOCMA) has been called to testify at a congressional hearing on November 1 about the safety of drugs imported into the U.S...
October 30, 2007
Avecia Biologics (Tees Valley, U.K.) has won CPhI’s Innovation award for its pAVEway biopharma E.coli expression technology that can be used to manufacture biopharmaceuticals...
October 30, 2007
Privately owned contract manufacturer Almac (Craigavon, U.K.) says it will invest £50 million ($102 million) to establish a U.S. headquarters at Harleysville, PA. The company...
October 30, 2007
Pharma and biotech company Wockhardt Ltd. (Mumbai) says that it has acquired liquid generics and speciality dermatology company Morton Grove Pharmaceuticals (Morton Grove, IL)...
October 26, 2007
BASF plans to “ramp up” spending to develop diagnostic and prognostic test products that have been designed by its human health biotech business Metanomics Health (Berlin)...
October 22, 2007
Ampac Fine Chemicals (AFC) is expanding its technology portfolio to include continuous processing for active pharmaceutical ingredient (API) production, the company told CW at the CPhI...
October 22, 2007
Univar’s pharma ingredients unit has signed an agreement with Innophos (Cranbury, NJ), under which Univar will distribute Innophos’s excipients in parts of Europe, Univar...
October 22, 2007
India’s largest pharmaceutical company Ranbaxy Laboratories (Gurgaon), says it has signed a definitive agreement to increase its stake in Zenotech Laboratories (Hyderabad, India)...
October 22, 2007
Pharma company Lupin Ltd. (Mumbai) says that it has acquired a majority stake in generics pharmaceutical manufacturer Kyowa Pharmaceutical Industry Co. Ltd. (Osaka), for an undisclosed...
October 15, 2007
Pfizer is at the “binding offer stage” of selling a major manufacturing site at Feucht, Germany and expects to reach final agreement on the deal by year-end, the company...
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