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- Stryker's Biotech Unit Gets FDA Warning Letter
- CHICAGO (Reuters) - Stryker Corp (SYK) said on Friday its biotechnology division received a warning letter from U.S. health regulators regarding quality systems and compliance issues at its Hopkinton, Massachusetts, location. Stryker shares dipped on the news and were trading $3.07 ...
- News items 2008-05-02
- Pfizer Invests $300 Mln in Irish Biotech Facility
- LONDON (Reuters) - Pfizer Inc (PFE), the world's biggest drugmaker, is to invest 190 million euros ($297 million) establishing a new biotech plant in Ireland for the production of experimental medicines, it said on Friday. The facility, which will create around 100 permanent...
- News items 2008-05-02
- Esperion Escapes the Pfizer Borg
- Esperion Therapeutics, a biotech that Pfizer spent $1.3 billion acquiring in 2003, is free once more. And its founder, Roger Newton, is apparently putting the band back together. Newton, in fact, has just pulled off one of the rarer and most complicated moves in biotechnology -- the...
- Blog posts 2008-05-01
- Glaxo to Buy Biotech Sirtris in $720 Mln Deal
- By Ransdell Pierson NEW YORK (Reuters UK) - GlaxoSmithKline (GSK) said on Tuesday it had agreed to buy biotechnology company Sirtris Pharmaceuticals Inc (SIRT) for $720 million (360.69 million pounds) in cash, in hopes its medicines that modulate an aging-related family of enzymes will be...
- News items 2008-04-22
- Why Biogenerics Will Survive Genzyme's Problems
- The Food and Drug Administration rejected Genzyme's request to sell a version of its drug Myozyme made in a new factory, a decision some journalists and bloggers insist on casting as a black mark against the very notion of generic biotech drugs. There's just one problem: These...
- Blog posts 2008-04-22
- Glaxo Boosts Biotech With Regulus Deal
- By Ben Hirschler LONDON (Reuters UK) - GlaxoSmithKline (GSK) boosted its position in biotech on Thursday by signing a deal that could be worth up to $600 million (303 million pounds) with Regulus Therapeutics, taking it into the hot area of RNA technology. The tie-up covers...
- News items 2008-04-17
- Pfizer Drops Glaucoma Drug, NicOx Shares Slump
- PARIS (Reuters) - Pfizer (PFE) has decided not to take NicOx's (NCOX) experimental glaucoma drug PF-03187207 into final Phase III tests after a mid-stage study failed to met its primary endpoint, sending NicOx shares tumbling. The news is a major blow for NicOx,...
- News items 2008-05-06
- Glaxo-Regulus Kicks Off an miRNA Land Grab
- GlaxoSmithKline's willingness to bet up to $600 million on a tiny biotech called Regulus Therapeutics kicks off the latest pharma land grab -- this one for treatments that rely on tiny molecules called microRNAs, or miRNAs for short. New drug technologies -- or "modalities," as the industry...
- Blog posts 2008-04-18
- DuPont First-quarter Profit Climbs
- NEW YORK (Reuters) - Chemical company DuPont Co (DD) said on Tuesday that first-quarter earnings rose, spurred by strong results from its agricultural business. The company posted quarterly net income of $1.19 billion, or $1.31 a share, up from $945 million, or $1.01...
- News items 2008-04-22
- Takeda Sees Big Profit Slump on Millennium Costs
- TOKYO (Reuters) - Japan's Takeda Pharmaceutical Co Ltd posted a 7.7 percent fall in annual operating profit on Friday and forecast a sharp drop for the current year on costs for its $8.8 billion purchase of U.S. biotech firm Millennium...
- News items 2008-05-08
- Glaxo Makes Like Ponce de Leon With Sirtris Buy
- You can't fault GlaxoSmithKline for temerity. The U.K. drugmaker's unexpectedly large $720 million bid for Sirtris Pharmaceuticals represents a gutsy bet that the Massachusetts biotech really has a handle on a class of drugs that slow aging. Not that anyone at either company is eager to describe their work that...
- Blog posts 2008-04-22
- Roche Acquires Biotech Piramed
- ZURICH (Reuters UK) - Roche Holding AG (ROG) is buying privately owned biotechnology company Piramed for $160 million (81 million pounds) to acquire its treatments against cancer and immune inflammatory disorders like arthritis and asthma. Swiss drugmaker Roche said on Tuesday it would also make a...
- News items 2008-04-14
- Emergent's Vaccine Play: Biotech Can Flip-Flop, Too
- For sudden twists of fate, abrupt collapses and the occasional stunning revival, it's hard to beat the biotech industry. Yesterday, for instance, the all-but-dead biotech VaxGen agreed to sell off its ailing anthrax vaccine to its East Coast rival Emergent BioSolutions --a company that spent much of this decade trying...
- Blog posts 2008-05-06
- Bio-Tech Company Learns The Science Of Business In Poway, CA
- Master one technology and get ready to learn the next. In the technology business, your product is always changing. Ron Hamlin knows that better than anyone. When he set out to manufacture X-ray machines that examine biological substances such as viruses and DNA, he had just received his PhD in...
- Case studies
- Chiron Corporation: Biotechnology Firm Strengthens Project Management Practices, Increases R&D Projects
- Chiron Corporation is a biotechnology and pharmaceutical company based in Emeryville, California. Chiron needed to improve its time-to-market performance. It wanted better insight into project scheduling and resource allocation, along with uniform project management to help reduce project delays. Pcubed delivered the Microsoft Office Enterprise Project Management Solution to help...
- Case studies
- The Rise of the Paraprofessional
- The loud drumbeat about the tough labor market often drowns out one fact: the need for skilled technologists, both chemical-based laboratory technicians and process technologists, is growing faster than the available pool of talent. Pharmaceutical and biopharmaceutical manufacturing companies are having a hard time hiring and retaining the skilled staff...
- White papers
- Agencourt Bioscience Corporation
- Agencourt Bioscience Corporation provides genomics services and nucleic acid purification reagents to biotech and pharmaceutical companies, academic institutions and government facilities. The discovery phase of drug development is costly and inefficient. Approximately one third of drugs fail during Phase I clinical trials and about 75 percent fail during clinical tests...
- Case studies
- Changes to the Copyright Act 1968 Directly Affect the Biotech and Health Industries
- In this brief note, the author discusses moral rights and discusses how they affect the biotech and health industries. A recent development in the world of intellectual property - moral rights - directly affects the biotech and health industries. These industries and the professionals who work in them produce intellectual...
- White papers
- TRIPS - What Is It and Why Is It Important to the Biotech Industry
- Trade Related Aspects of Intellectual Property (TRIPS) set minimum standards for patent protection and allows certain exceptions to patent rights. This article discusses the importance of the World Trade Organization (WTO) TRIPS for the biotech industry and the current debate about the flexibility of TRIPS to balance IP rights and...
- White papers
- Critical Project Recovery for Genomics Alliance
- Three firms - a major chemical manufacturer, an agricultural concern, and a biotechnology company - formed an alliance to implement a new high-throughput biotechnology development process. The alliance asked PRTM to facilitate interim project execution as a way to save the project. PRTM worked with each alliance core team to...
- Case studies
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