Business news – Page 75
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Feature
From oil to chemicals
After decades of exporting oil, Saudi Arabia is looking to increase its capacity to produce chemicals. Emma Davies reports
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Business
Judge slashes fines in drug safety case
Takeda and Eli Lilly’s $9 billion damages in diabetes trial reduced to $38 million
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Business
Platform to expand in agrochemicals by buying Arysta
Business will be integrated with previous acquisitions for a broad crop protection portfolio
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Business
CHF3bn redevelopment for Roche’s Basel site
New buildings will move employees out of rented office space
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Opinion
Chemical space is big. Really big
You think it’s a long way to the back of your screening libraries? That’s peanuts to chemical space, says Derek Lowe
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Business
Amgen stacks up additional job cuts
Up to 1100 more staff face redundancy in ongoing restructuring plan
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Business
Ineos bets big on shale
UK profit-sharing plan and transatlantic ethane shipping contracts show company’s commitment to a fracking future
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Business
Amgen seeks injunction to protect patents
Sanofi and Regeneron sued over cholesterol-regulating antibodies
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Business
Agilent to exit NMR
Closure of loss-making ex-Varian business gives users investment dilemma
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Business
EPA takes steps to prevent herbicide resistance in weeds
US Agency approves spray for resistant engineered crops, but with restrictions and time limit
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Business
Indian manufacturers hit back over quality claims
Study showing drugs exported to Africa are substandard prompts backlash from generic drugmakers
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Business
AbbVie backs out of Shire deal
Treasury rule changes make inversion ‘too uncertain’ and remove financial benefits
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Business
Bio-based chemicals on the rise in US
Government predicts 10% of chemicals market will be renewable by 2015
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Business
Endo outbids QLT for Auxilium merger
Biotech backs out of Canadian deal in favour of increased $2.6bn bid from Endo
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Business
EMA finalises trial transparency rules
Researcher access reinstated, but company redaction rights may cause issues
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Business
US tax changes ripple into merger deals
Efforts to curb tax-avoiding ‘inversion’ deals will slow, but not stop, the wave
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Business
Actavis boosts antibiotics with Durata buyout
$820 million deal gives Actavis control of newly-approved intravenous antibiotic
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Business
Becton Dickinson to buy CareFusion for $12bn
Medical devices merger continues consolidation trend
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Business
J&J to buy antiviral specialist Alios
$1.75 billion deal brings Phase II compounds for hepatitis C and respiratory syncytial virus
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Business
Dow’s $1bn price-fixing fine upheld
Firm loses its appeal against damages for fixing polyurethane prices