Keyword: biotech industry

News

Regeneron Says Sanofi to Boost Stake in its Shares

11.02.2013 - Regeneron Pharmaceuticals said its longtime drug-development partner Sanofi aims to boost its stake in the U.S. biotechnology company through open market purchases of its stock...

News

Amgen Biosimilar Push Takes Aim at Blockbusters

07.02.2013 - Amgen said it expects generic versions of biotech drugs, known as biosimilars, to be a multibillion-dollar opportunity for the company and has targeted some of the industry's...

News

Amgen Raises 2013 EPS Forecast to Account for Tax Credit

07.02.2013 - Amgen, the world's largest biotechnology company, on Thursday raised its 2013 earnings forecast to account for a Puerto Rico excise tax credit due to federal settlements for prior...

News

Basilea CFO Quits Two Months After CEO

07.02.2013 - Swiss biotech group Basilea said its chief financial officer was leaving the company just two months after the departure of the firm's founder and chief executive. Joachim Blatter...

News

Biogen Pays Elan $3.25 Billion to Take Over MS Drug

06.02.2013 - Biogen is to take full ownership of blockbuster multiple sclerosis drug Tysabri after agreeing to pay Irish partner Elan $3.25 billion plus future royalties on sales of the drug...

News

Solvias Acquires Confarma

04.02.2013 - Solvias announced the acquisition of Confarma, headquartered in Münchenstein, and its subsidiary Confarma France. Solvias, a pharmaceutical service provider, is pursuing a long...

News

Revived Search for a TB Vaccine May Be About to Pay Off

01.02.2013 - After nearly 100 years, researchers could be on the verge of finding a vaccine that would eradicate tuberculosis infections, a scourge that kills 1.4 million people a year. Global...

News

Thermo Fisher Weighs Life Tech Takeover

30.01.2013 - Thermo Fisher Scientific is considering making an offer for Life Technologies, the biomedical laboratory equipment maker that is exploring a potential sale, three people familiar...