Business news – Page 72
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Business
J&J to sell cardiac devices to wholesaler Cardinal
Commodity technology no longer fits with company’s focus on growth and innovation
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Business
AstraZeneca to spin off anti-infectives research
Early-stage research will transfer to a new company, while AZ and MedImmune retain late-stage programmes
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Business
Asahi Kasei to buy Polypore for battery materials
$2.2bn deal adds to Japanese consolidation in energy storage
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BusinessUS opens up home DNA screening
FDA approves single disease genetic test and clears pathway for similar devices
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BusinessCatalytic carbon dioxide convertors
Company profile: Econic Technologies makes catalysts that build carbon dioxide into performance polymers
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Business
BMS bolsters immuno-oncology with pair of deals
Firm will acquire Flexus Biosciences and collaborate with Rigel
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Business
Europe approves stem cell therapy
Treatment for burn-damaged eyes uses patient’s own scaffold-grown cells
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Business
Valeant to buy Salix for $14.5bn
Companies expect $500m in savings through ‘R&D rationalisation’
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OpinionTantalising technology
Computer-assisted drug design always looks like it’s just about to work, says Derek Lowe, but the reality is complicated
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BusinessHepatitis C drug patent challenged in Europe
Campaign group says Gilead’s expensive blockbuster sofosbuvir is not innovative enough to warrant a patent
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Business
Teva wins generic esomeprazole race
US approval of heartburn drug after Ranbaxy version was withdrawn by regulators
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Business
US approves internal tissue glue
Urethane-based TissuGlu aids healing after abdominal surgery
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BusinessFertilising India's petrochemical industry
Rajesh Parishwad speaks to H N Ananth Kumar, India’s minister for chemicals and fertilisers
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BusinessIndian chemical investment
By setting aside regions for joined-up investment plans, India hopes to become a significant player in the global petrochemical market. Rajesh Parishwad investigates
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Business
Hospira buyout is a shot in the arm for Pfizer’s biosimilars
$17bn deal, intended to bolster sterile injectable and biologics capabilities, will be financed with existing cash and new debt
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Business
WR Grace to split in half
Two daughter companies will focus on catalysts and speciality construction chemicals
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Business
Tronox to buy FMC’s alkali chemicals
$1.6bn deal helps Tronox strengthen its inorganics portfolio as FMC shifts towards agrochemicals
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Business
Fatal blast at Indian chemical plant
One worker killed and four injured at Survival Technologies plant in Ankleshwar
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Business
EU regulator calls for generic drug suspensions
The EMA wants hundreds of formulations off the market after identifying systematic fraud in a major Indian contract clinical research organisation
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BusinessRoche chases bolt-on acquisitions as it pushes into genomics
Company’s recent shopping spree aims to harness genome sequencing to advance personalised treatments