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August 2, 2007
SNPE (Paris) says it has sold its U.S. fine chemicals subsidiary, Isochem (Lockport, NY), to private equity firm Buckingham Capital Partners (New York) for an undisclosed sum. SNPE...
August 1, 2007
DSM says its recently announced plan to carve out its antibiotics business, DSM Anti-Infectives, into a separate business unit, is designed to make the business more attractive to...
August 1, 2007
Dr. Reddy’s Laboratories (Hyderabad), one of India’s largest pharmaceutical companies, has opened an office in Lagos, Nigeria as part of plans to expand its presence in...
July 31, 2007
DSM says it has sold its biologic drugs plant at Montreal to AstraZeneca for an undisclosed sum. The Montreal facility was DSM’s only commercial manufacturing plant for biologic...
July 31, 2007
Jubilant Organosys (Noida, India), a pharmaceutical custom research and manufacturing services (CRAMS) company, has completed the previously announced acquisition of Hollister-Stier...
July 31, 2007
Wockhardt (Mumbai), a pharmaceuticals and biotechnology company, has received tentative approval from the U.S. FDA to market terbinafine tablets in the U.S. Terbinafine is the generic...
July 30, 2007
Contract manufacturing organizations (CMOs) say that 2006 sales are up over the previous year, and that they are confident of continued growth in 2007. Growth is taking place despite...
July 30, 2007
Ranbaxy Laboratories (Gurgaon), India’s biggest pharmaceuticals company, has signed a multiyear R&D agreement with GlaxoSmithKline (GSK). Ranbaxy could receive more than $100...
July 30, 2007
Generic drugs manufacturer Hovid (Ipoh, Malaysia) plans to establish a manufacturing unit in India by the end of this year. The company says it will invest about $5 million in the...
July 30, 2007
Generic pharmaceuticals manufacturer Actavis (Hafnarfjordur, Iceland) says it has acquired the active pharmaceutical ingredients (API) division of Sanmar Specialty Chemicals Ltd...
July 30, 2007
Lanxess’s recently announced €30-million ($39 million) investment to modernize the production base of its Saltigo fine chemical business and introduce new work time models...
July 30, 2007
Leading pharma and fine chemical companies from India have announced record breaking financial results for calendar year 2006. India’s largest pharma company, Ranbaxy...
July 30, 2007
Pfizer has announced sweeping plans to cut costs by reducing the number of its research and manufacturing sites, streamlining its organizational structure, reducing staff, increasing...
July 30, 2007
Lonza has unveiled a robust set of 2006 results, bolstered by a substantial contribution from the company’s fast-growing biopharmaceuticals business. Lonza’s biopharma...
July 30, 2007
Materia (Pasadena, CA) says it has licensed, on a nonexclusive basis, its metathesis technology and Grubbs catalyst system for the synthesis of pharmaceutical ingredients, to Merck...
July 30, 2007
Lonza says it has agreed to license its glutamine synthetase (GS) expression system and GS-CHO protein free system to Roche for the manufacture of therapeutic recombinant proteins and...
July 30, 2007
Actavis Group (Reykjavík) says it has acquired a manufacturing plant at Alathur southern India from Grandix Pharmaceuticals (Chennai, India), a manufacturing and marketing...
July 30, 2007
Reliance Life Sciences (RLS: Mumbai), part of the Reliance Group, says it will acquire a controlling stake in biopharmaceutical company GeneMedix (Newmarket, U.K.). RLS will invest...
July 30, 2007
Pharma fine chemicals group Cerep (Paris) says it plans to divest its two business units located at Villebon, France, which offer chemistry service activities to pharma companies, and...
July 30, 2007
A string of leading companies in the chemical, pharma, and nutrition industries in Germany have come together for the first time under a recently created collaborative body...
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