Keyword: Biotechnology

News

Sanofi Buys TargeGen to Boost Cancer Treatments

30.06.2010 - Sanofi-Aventis is to buy U.S. biotech TargeGen, which is developing treatments against blood diseases, for as much as $560 million as part of the French drugmaker's drive to boost...

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Amgen CEO Looking for International Acquisitions

18.06.2010 - Amgen is "aggressively" looking at acquisitions, particularly opportunities for international expansion, Chief Executive Kevin Sharer said in a webcast presentation on Thursday....

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Merck to Seek 5 New Drug Approvals This Year

12.05.2010 - Merck & Co plans to seek approval for five new medicines this year, including a closely watched hepatitis C treatment, but has halted development of an experimental anemia medicine...

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AstraZeneca Sees More Deals to Fill Out Pipeline

05.05.2010 - Anglo-Swedish drugmaker Astrazeneca is aggressively meeting potential acquisition partners to fill as it prepares for generic competition from some of its best-selling drugs. "We...

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Amgen Promotes Bradway to CEO

27.04.2010 - Amgen, the world's largest biotechnology company, said on Monday its chief financial officer, Robert Bradway, has been named president and chief operating officer of the company...

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Sanofi to Invest $200 Million in French Biotech Plants

31.03.2010 - French drugmaker Sanofi-Aventis on Wednesday said it would invest €150 million over four years to build up its biotechnology manufacturing capacities in France. The project aims at...

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'A Merger For Growth'

05.03.2010 - Global pharmaceutical and chemical company Merck KGaA headquartered in Darmstadt, Germany, will acquire Millipore Corporation, a leading Life Science company based in Billerica, U...

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Is Merck KGaA's $6 Billion Bid for Millipore Too Costly?

02.03.2010 - Germany's family-controlled Merck KGaA agreed to buy U.S. biotech tool maker Millipore for $6 billion to diversify away from its embattled drugs business. While analysts said the...