Business news – Page 86
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Business
Pfizer teams up with GSK in cancer drug trial
Two companies will collaborate to develop a combination therapy for melanoma
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FeatureGeneric problems
The Indian pharmaceutical industry has been hit by recent problems. Angeli Mehta investigates
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Business
DSM to spin out pharma unit
Firm will combine with Patheon to provide manufacturing services
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BusinessRapid DNA sequencing cleared for the clinic
Illumina’s ‘next-generation’ MiSeqDx platform gets US approval
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Business
Novartis sells off blood diagnostics division
$1.7bn deal reinforces firm’s focus on core pharmaceuticals
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BusinessFracking risks are manageable, says UK industry body
Environmental impact of shale gas exploration should be minimal with proper oversight
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Business
Shire will cut UK R&D to focus on rare diseases
$4.2bn buyout of ViroPharma bolsters pipeline, while Basingstoke site halts research
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BusinessMis-selling lands J&J with $2.2bn fine
Company found guilty of promoting three drugs for unapproved uses
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Business
Japanese chemicals show signs of recovery
Reconstruction after 2011 disaster drives higher demand
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Business
Novartis to shut Horsham site
UK research centre closure to result in the loss of 371 jobs as firm consolidates its global R&D base
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Business
Air Products looks for alternative helium sources
Concerns over supplies lead to plan to extract the gas from carbon dioxide sinks
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OpinionNatural born chemists
Redesigning nature’s catalysts is tantalising but tricky, says Derek Lowe
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Business
Vertex to cut 370 jobs
Imminent competition drives drop in its hepatitis C drug’s performance
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Business
DuPont expands Chinese site
Chemical firm’s Shanghai based R&D centre will grow by 17,500 square metres and house 150 more researchers
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Business
GSK forms Brazilian sustainable chemistry venture
Agreement with research organisation will launch centre for greener, cleaner drug production
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BusinessIneos reprieves Grangemouth petrochemicals
Closure reversed after labour reforms and government backing for ethane terminal agreed
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Business
AstraZeneca to close environmental lab and cut 71 jobs
Environmental impact services will be outsourced after Devon lab closes in March 2014
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BusinessPharma manufacturing woes dog industry
Regulators are stepping up inspections, and discovering ever more problems
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Business
BASF to move pigments production to Asia
Firm will cut 650 jobs, close UK plant and expand in China and Korea