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Breaking News on Global Pharmaceutical Technology & Manufacturing

Surya raising funds to invest in production capacity

02-Jun-2010 - India-based Surya Pharmaceuticals is planning to raise Rs 500 crore ($100m) to fund construction of an active pharmaceutical ingredient (API) production plant, according to local media reports.

Financial climate better for potential delivery unit sale, says Elan

01-Jun-2010 - Irish pharmaceutical company Elan says most potential investors are positive about proposal to spin-off drug delivery unit.

Adcock plans expansions & acquisitions to drive growth

26-May-2010 - Adcock Ingram recorded an 11 per cent rise in profit in the first half of 2010 and is looking to continue this upwards trend through manufacturing expansions, plus local and overseas acquisitions.

Invida buys in Indonesia to gain local production presence

24-May-2010 - Invida has acquired a stake in Indonesia-based MUGI, giving it the local manufacturing presence needed to offer partners access to “a vast untapped market”.

News in brief

Is Sanofi looking at Piramal again?

19-May-2010 - Rumours have resurfaced that Indian generics firm Piramal Healthcare is in talks with Sanofi-Aventis and Pfizer about a potential takeover.

Pfizer to close 8 sites, cut ops at 6 more; 6,000 jobs to go

19-May-2010 - Pfizer plans to close eight manufacturing sites and reduce operations at a further six by the end of 2015, leading to 6,000 job losses, as part of its reorganisation after acquiring Wyeth.

Millipore Q1 revs up 14% on pharma spending

10-May-2010 - Millipore says that rebounding Big Pharma spending and biotechnology drove first-quarter 2010 gains.

DSM buys Upfront's Rhobust chromatography tech

05-May-2010 - DSM Biologics says combining its XD platform with newly-acquired Rhobust chromatography platform will create high yield, low cost bio-manufacturing option.

Comar builds capacity with Unicon buy

27-Apr-2010 - US drug packaging firm Comar says acquisition of Universal Container Corp (Unicon) provides capacity for growth, particularly in key liquid medication delivery device market.

AMPAC opens new Texas API plant

19-Apr-2010 - AMPAC Fine Chemicals boosts reactor capacity 30 per cent with new manufacturing plant and says North America is attractive for API production.

Has Hospira beaten Myriad in Javelin competition?

13-Apr-2010 - US drugmaker Javelin Pharmaceuticals says Hospira’s takeover bid is “superior” and terminates agreement with Myriad Pharmaceuticals (MPI).

Dainippon expands RNAi delivery deal with Silence Therapeutics

31-Mar-2010 - Silence Therapeutics says extension of RNAi drug delivery collaboration by Dainippon Sumitomo is evidence of technology’s potential.

Schott posts fiscal 09 loss, but predicts double-digit growth

23-Mar-2010 - Industrial glass maker Schott ended a “rather difficult” fiscal 2009 with a loss but says rise in drug packaging sales will help drive double-digit earnings growth in current financial year.

News in brief

Astellas' go to courts in $3.5bn pursuit of OSI

03-Mar-2010 - Reports suggest that Japanese drugmaker Astellas Pharma has gone to the US courts to prevent takeover target OSI Pharmaceuticals from impeding its efforts just days after it tabled its $3.5bn...

News in brief

Aurelius buys fine chemicals supplier Isochem

01-Mar-2010 - German investment group Aurelius AG has acquired French fine chemicals supplier Isochem from state owned firm Groupe SNPE.

Merck KGaA to buy Millipore for €5bn

01-Mar-2010 - German pharmaceutical firm Merck KGaA says proposed Millipore acquisition will transform its chemicals unit and give it a more balanced business profile.

Breaking News

RecipharmCobra Biologics launches today

22-Feb-2010 - RecipharmCobra Biologics (RCB) launched today as a specialist biologics contract development and manufacturing organization (CDMO).

Merck & Co to reduce workforce 15%

17-Feb-2010 - Merck & Co says manufacturing and R&D jobs will go as part of the post acquisition workforce reduction programme it announced yesterday.

News in brief

Hospira takeover of Orchid’s injectables to complete in March

17-Feb-2010 - Hospira’s acquisition of Orchid Chemicals and Pharmaceuticals generic injectables business is on track to complete next month now the Hart-Scott-Rodino period required by the US Federal Trade Commission has elapsed....

Actavis to boost tablet capacity; and looking at Ratiopharm

08-Feb-2010 - Icelandic generics firm Actavis says expansion of its tablet plant will boost production capacity 50 per cent and create 50 new jobs.

Pfizer, Roche and GSK report 2009 results

04-Feb-2010 - In a busy week of Big Phama results Pfizer reports sales boost from Wyeth, Roche says Genentech hit profits and GSK unveils surge in Relenza sales and plans to expand...

Amcor completes Alcan acquisition

02-Feb-2010 - Global packaging giant Amcor today announced that its acquisition of Alcan Packaging had been completed as it spelled out what the move would mean for suppliers and customers.

Keller buys Lehigh to boost pharma label capacity

02-Feb-2010 - Keller-Crescent has acquired Puerto Rico-based Lehigh Press to expand its capacity for producing pharmaceutical labels, inserts and outserts.

Watson buys Eden Biodesign

01-Feb-2010 - US generics group Watson Pharmaceuticals has bought UK contract biomanufacturing specialist Eden Biodesign.

Recipharm adds large-scale lyophilisation to offering

27-Jan-2010 - Recipharm says acquisition of German CMO Wasserburger Arzneimittelwerk from Hospira adds large-scale lyophilisation services to its offering.

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