Chemical industry – Page 86
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NewsIndian U-turn on diabetes drug ban
Suspension of cheap and popular medicine reversed but will now come with new safety warnings
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BusinessAkzoNobel sells building adhesives unit for €260m
Sika will take on two manufacturing sites and 550 employees
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BusinessObama mandate calls for safer chemical facilities
Agencies need to work together more effectively to improve safety
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Business
Antiviral patents released by Roche
Firm will supply cheap drugs and allow generics in developing countries
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NewsExecution drug cannot be imported into US
Court rules that the Food and Drug Administration acted unlawfully allowing sodium thiopental into the country
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Business
India revokes more pharma patents
Original molecule patent stands, but a new salt form is ‘not innovative’
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BusinessPfizer reshuffle hints at future split decision
Could pharma giant’s ‘value’ and ‘innovative’ segments get broken apart?
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Business
Perrigo bags Elan and its bargain Irish tax rates
$8.6bn deal ends Elan’s takeover battle with Royalty Pharma
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Business
Thousands face job cuts after Valeant's Bausch buyout
Valeant plans to shed 10-15% of its workforce to save $800 million
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BusinessChina corruption investigation broadens
GSK scandal is the trigger to clean up Chinese drug market
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BusinessGas specialist branches out into carbon nanotubes
Linde group launches ink made with long, individual tubes
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FeaturePhasing out fire retardants
With many brominated flame retardants facing bans, Nuala Moran examines the industry’s dash for new ones
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BusinessLilly freezes pay as patent cliff looms
Drugmaker targets $400 million savings as two key patents near expiry
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Business
PolyOne to close six sites and shed 250 jobs
Former Spartech manufacturing facilities are ‘redundant’ after takeover in March
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Business
Monsanto abandons GM crops in Europe
Company will focus on conventional plant breeding in EU and biotech elsewhere
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Business
GSK under investigation over corruption in China
Police claim executives engaged in bribery and tax-related crimes
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BusinessChemistry will underpin economic growth, say industry leaders
The UK chemical sector needs to rebuild supply chains and present a unified voice to government
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BusinessTexas plant explosion prompts calls for stricter rules
The incident was caused by unregulated and improper storage of ammonium nitrate, investigators find