Business news – Page 96
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Business
Bayer $145 million animal health deal
Move will strengthen anti-infective portfolio and introduce reproductive hormones
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Business
Dow tax case raises R&D questions
US court blocks Dow attempt to recoup costs under the R&D tax credit scheme
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Business
Drug discovery becomes Facebook game
Boehringer Ingelheim offers a first look at the beta version of Syrum
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Business
Solvay adds fluorinated capacity
Company will double capacity at plant in Salindres, France, which makes triflic acid
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News
Orphan drugs set for 'tremendous growth'
Drugs for rare diseases are rapidly becoming very profitable with growth predicted to outstrip non-orphan drugs
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Business
BASF backs automotive growth
While other chemical companies are trying to reduce their exposure to the automotive industry, BASF is heading in the other direction
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Business
Low salt diet to flush out oil
Better understanding of oil–clay chemistry could increase the world’s recoverable oil by billions of barrels
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Business
Merck KGaA to cut 1100 German jobs
Company provides detail of restructuring programme announced in February
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Business
DuPont sells car paints for $5bn
US investment group picks up 11,000 employees and $4 billion in annual sales
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Business
Kevlar equivalent banned for 20 years
US rules in favour of DuPont in Kevlar trade secrets case
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Business
Crowdsourcing science site to launch
Marblar aims to find uses for neglected patents by ‘gamifying’ the technology transfer process
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Business
Myelofibrosis drug approved in EU
Jakavi (ruxolitinib) tablets are for the treatment of myelofibrosis, a rare disease affecting the bone marrow
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Business
Rockwood to pay C$720m for lithium firm
The chemical group has struck a deal to buy Talison, an Australian lithium producer with headquarters in Perth.
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Business
Merck KGaA buys cell culture company
Biochrom makes cell culture media and buffer solutions
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Business
Alzheimer's drug flops in Phase III
Solanezumab from Eli Lilly missed the cognitive and functional primary endpoints of the trials
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Business
Flight fuelled by plastic waste
Liquid fuel made entirely from plastic waste will power a single engine plane from from London to Sydney
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Opinion
Protecting patients at all costs
Suffering stagnant output, and beset by patent expiries and spiralling costs, drug discovery is in poor health. Simon Campbell prescribes a remedy