Business news – Page 99
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BusinessIrish pharma exports tumble
Seven of the top 10 drugs going off patent between 2011 and 2014 are produced in Ireland
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Pfizer secures Sandwich buyer
The R&D site in Sandwich, UK, has been bought by a private consortium
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Monsanto wins $1bn in patent case
Monsanto had claimed that DuPont infringed its patents covering glyphosate pesticide products
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New cystic fibrosis drug in EU
Ivacaftor works by helping defective proteins function more normally
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China to investigate polysilicon imports
An ongoing international row over the market for solar panels is spilling over into the supply chain
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Business
AkzoNobel sells ICI Pakistan
Yunus Brothers will pay $150 million for the recently restructured business
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New US chemical rules edge nearer
Chemical manufacturers would have to produce safety data for their products
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Drugs top EU counterfeit imports
In 2011, medicines topped the list of fake products entering the EU
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UK urged to clean up London air
Think tank says ‘invisible’ pollution is public health problem comparable to obesity and alcohol
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GSK secures $3.6bn HGS deal
GlaxoSmithKline is set to buy Human Genome Sciences for $3.6 billion
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BusinessObesity drug approved in US
Qsymia from Vivus joins Belviq in a lucrative part of the pharma industry
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Business
First HIV drug approved as prevention
Truvada tablets can reduce the risk of infection for an HIV-negative person
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BusinessThe future of PVC production?
Commercial interest in a semi-continuous approach seems to be on the rise
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Drug spending to hit $1.2tn in 2016
Growth is expected to bottom out at 3–4% for 2012 and then rise to 5–7% for 2016
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GSK drug shines in HIV trial
HIV–Aids drug candidate dolutegravir outperformed Atripla tablets in Phase III
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BusinessInterview: EMA head Guido Rasi
Guido Rasi, head of the European Medicines Agency, wants to see greater transparency in drug development
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Business
Is Sanofi cutting jobs in France?
News outlets are reporting plans to cut 1000-2000 employees in France
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Brazil hits BASF with worker payout
BASF and Shell have been ordered to pay BRL1 billion (£300 million) to compensate employees for damage to their health
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Bayer buys crop protection firm for $425m
Bayer has struck a deal to buy US pest control products firm AgraQuest