Chemical industry – Page 62
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Business
BP to cut 7000 jobs
UK oil company reduces its workforce to cut costs in response to low oil price and charges from Deepwater Horizon incident
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Business
Seed secrets thief jailed
Chinese born US citizen pleads guilty to conspiring to steal trade secrets from DuPont Pioneer and Monsanto
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OpinionPride comes before a fall
In labs it’s important not to let familiarity breed complacency, says Derek Lowe
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Business
Merck & Co joins hepatitis C party
New drug adds new treatment options and increases competition in premium market
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BusinessJ&J to cut 3000 jobs in medical devices unit
Cost-saving cuts will help ‘accelerate the pace of innovation’, company claims
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OpinionThe kids aren’t alright
Making it more attractive for companies to develop paediatric drugs has the potential to improve everyone’s lives
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BusinessGSK scientists indicted for trade secret theft
Two researchers accused of passing research data and manufacturing details to Chinese firm
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BusinessClinical trial death highlights hazards
Pain drug trial has left one dead and five hospitalised in France, with little indication as to the cause of the problems
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Business
Fatal blast at US peroxide plant
One dead and three injured in an equipment explosion at PeroxyChem in Texas
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BusinessCrispr goes commercial
Gene editing technique Crispr has shaken up genomics research and the commercial opportunities couldn’t be more evident
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BusinessShire bets big on rare diseases
$32bn Baxalta buyout will deepen Shire’s commitment to developing specialist drugs for small patient populations
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Business
ChemChina buys German machinery maker
Plastics and rubber equipment manufacturer KraussMaffei Group will retain German headquarters after €1bn deal
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BusinessFixing the broken antibiotics business model
With rising resistance and doomsday warnings, focus is turning to alternative economic models to boost antibiotic R&D
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Business
ThermoFisher will buy Affymetrix to expand genetic testing
Deal boosts Thermo’s position in growing genomics field as well as adding antibodies and assay technology
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BusinessNew vinyl catalyst will reduce mercury emissions
Johnson Matthey strikes gold as China’s PVC industry looks for cleaner processes
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Business
GSK’s ViiV to buy HIV drugs from BMS
Deal hands over Bristol-Myers Squibb’s entire HIV pipeline as the company looks to quit virology research
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Business
Monsanto adds 1000 to job cut tally
Cost reduction plan brings cuts up to 16% of global workforce by the end of 2018
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BusinessDuPont cuts go deep in Delaware
Following its merger with Dow, DuPont will terminate 1700 positions in Delaware, US, as part of a cost-cutting drive
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BusinessShale feeds US methanol boom
US will become a net exporter as new plants come online, with extra production absorbed by growth in China
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Business
AstraZeneca to buy Acerta for blood cancer drug
Deal will strengthen AstraZeneca’s immunotherapy offering