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Biogen Idec terminates lixivaptan accord narrowing therapeutic focus

16-Nov-2010 - Biogen Idec has started shedding development programmes to stay in line with the restructuring plan and job cuts it announced earlier this month.

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Possible IPO for GSK and Pfizer’s HIV company

16-Nov-2010 - The HIV company, ViiV, set up by GlaxoSmithKline and Pfizer in 2009, might be spun off and floated in an initial public offering.

Cancer no longer a “death sentence,” says Quintiles, but drug sales decline

16-Nov-2010 - According to IMS Health Research, US sales of oncology drugs are slowing despite more firms promising exciting cancer drug developments.

People on the move: pharma jobs

15-Nov-2010 - in-PharmaTechnologist presents its latest round up of movements in the pharma sector, including appointments at Aqua Pharmaceuticals, Algeta ASA and Amarin.

Lilly buys Avid to boost diagnostics and AD biz

10-Nov-2010 - US drugmaker Eli Lilly said it will buy Avid Radiopharmaceuticals to expand its neuroscience diagnostics business.

Crucell reports weak Q3 results after vaccine facility contaminated

09-Nov-2010 - Dutch biopharmaceutical company Crucell expects its operating loss for 2010 to be in the €20-25 million range, citing costs associated with microbial contamination at its Shingal facility in Korea as a key factor.

People on the move: pharma jobs

09-Nov-2010 - in-PharmaTechnologist presents its latest round up of movements in the pharma sector, including the departure of an FDA foreign inspections official and the search for a leader of the EMA.

Novartis and Arabio enter Swiss-Saudi vax manufacturing partnership

08-Nov-2010 - Novartis is teaming up with Arab Company for Pharmaceutical Products (Arabio) to provide Saudi Arabia and surrounding regions with vaccines for common diseases.

People on the move: pharma jobs

03-Nov-2010 - in-PharmaTechnologist presents its latest round up of movements in the pharma sector, including appointments at Agensys, Unigene, Medivir and Apitope.

Anti-fake readiness a factor for emerging biotech buyers

02-Nov-2010 - Biopharm are increasingly assessing the threat counterfeiting and diversion pose to emerging biotechs when planning an acquisition, according to a white paper.

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Pfizer’s Lipitor recall widens

02-Nov-2010 - Pfizer has widen its recall of the cholesterol-fighting drug, Lipitor, after two more complaints of a musty odour emanating from the product’s bottles.

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Novartis plans $600m investment in US R&D site

28-Oct-2010 - Novartis will invest $600m to expand its US R&D campus over the next five years to strengthen its position in US development hotspot.

Overseas FDA offices bring benefits but planning needed

28-Oct-2010 - Overseas FDA offices have realised immediate benefits but strategic planning is needed to ensure the ventures, critical aspects of the agency’s ability to ensure drug quality, are long-term successes according to the GAO.

GSK fined $750m for old Puerto Rico plant violations

27-Oct-2010 - UK-drugmaker GlaxoSmithKline (GSK) must pay $750m to settle a law suit criticising manufacturing practices at plant in Cidra, Puerto Rico that was shut down in 2009.

Puerto Rico’s tax cuts to “hinder” offshore biopharma firms

27-Oct-2010 - PhRMA says a new Puerto Rico law to tax offshore manufacturers will “dramatically hinder” biopharma companies.

People on the move: pharma jobs

26-Oct-2010 - in-PharmaTechnologist presents its latest round up of movements in the pharma sector, including appointments at Jennerex, a new KV subsidiary and Takeda.

News in brief

Genzyme values itself at $22.7bn, $20 per share higher than Sanofi bid

25-Oct-2010 - US Biotechnology firm Genzyme predicts 2011 earnings in $4.30 to $4.60 range, which would make it worth $89 per share or $22.7bn.

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US OKs Sanofi’s Genzyme bid; French strike hits Romainville plant

20-Oct-2010 - Sanofi Aventis has been given the go ahead to pursue US biotech Genzyme by the country’s antitrust authorities.

Lilly to close Singapore R&D unit; double sales force in emerging markets

20-Oct-2010 - Eli Lilly has unveiled plans to close its Singapore R&D centre by the end of the year and relocate discovery operations to its global headquarters in the US.

Week-long anti-counterfeiting effort confiscates 1m pills

19-Oct-2010 - A week of global anti-counterfeiting law enforcement coordinated by Interpol led to the shutdown of 290 websites, seizure of 11,000 packages and confiscation of 1m pills.

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FDA, PAHO cooperate on info hub for the Americas

18-Oct-2010 - The FDA and PAHO are collaborating to develop an information hub for medical products and regulatory processes in the Americas.

People on the move: pharma jobs

18-Oct-2010 - in-PharmaTechnologist presents its latest round up of movements in the pharma sector, including board elections at ISPE and appointments at Advaxis and Asubio.

IMS prediction: Emerging markets front 5-7 % rise in drug sales for 2011

13-Oct-2010 - IMS Health predicts that global drug sales will increase 5 to 7 per cent next year, driven by development of innovative pharmaceuticals and growth of emerging markets.

People on the move: pharma jobs

12-Oct-2010 - in-PharmaTechnologist presents its latest round up of movements in the pharma sector, including appointments at NormOxys, Caraco, Shire and ChemWorth.

News in brief

Sanofi to cut 1,700 US jobs

11-Oct-2010 - Sanofi Aventis says eliminating 1,700 jobs in US will help it concentrate resources on business development, investment in late-stage development projects and will position it for growth after patent expiry.

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