22.03.2013
- South African conglomerate Bidvest offered around $665 million in cash and shares for control of the country's second-largest but underperforming drugmaker Adcock Ingram. Adcock...
22.03.2013
- European regulators have recommended approval of two new multiple sclerosis pills from Biogen and Sanofi, both of which are expected to become major sellers. Friday's decision by...
18.03.2013
- AstraZeneca is to cut around 1,600 jobs as it overhauls research operations and consolidates drug development work in three major centres in Britain, the United States and Sweden...
18.03.2013
- AstraZeneca's new CEO Pascal Soriot, outlining his investment strategy for the ailing drugmaker this week, is unlikely to offer any quick fixes to plug a looming $6 billion sales...
14.03.2013
- Lonza Walkersville and Hyglos, a German biotech company, announced today that they have reached a mutually beneficial global settlement which includes a license agreement for...
08.03.2013
- China has delayed the introduction of genetically-modified rice and corn as it tries to head off public fears, leading government scientists said on Thursday. The world's largest...
08.03.2013
- Merck & Co will bring back one of its veterans to head research and development, replacing retiring Peter Kim, who leaves behind a mixed record over the past decade at the...
07.03.2013
- Purac, a subsidiary of CSM, announces today that it has entered into an agreement to acquire Bird Engineering, the Netherlands. The acquisition will include the intellectual...
05.03.2013
- Roche's influential Chairman Franz Humer said on Tuesday he will not stand for re-election next year when he will have served 16 years at the helm, potentially accelerating a shift...
27.02.2013
- The U.S. Supreme Court made it easier on Wednesday to bring class action lawsuits, breaking a line of rulings that had made it more difficult to sue corporate defendants...