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Pharmaceutical

Roche to Buy US-based Anadys for $230 Million

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The Associated Press reports, Swiss drugmaker Roche Holding AG announced it is paying $230 million to take over Anadys Pharmaceuticals Inc., a U.S.-based specialist in the development of hepatitis C
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International Stem Cell Corp. completes first series of trials on neuronal cells

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CARLSBAD, Calif. — International Stem Cell Corporation announced Tuesday the successful completion of the first series of preclinical studies designed to support the safety and utility of neuronal cells derived
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Bristol-Myers Squibb Foundation partners with WHO to control spread of tuberculosis

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PRINCETON, N.J. — The Bristol-Myers Squibb Foundation today announced a collaboration with the World Health Organization''s (WHO) Stop TB Department for a two-year pilot initiative to strengthen community based
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New Product Line for Advanced Colony Counting in Quality Assurance Labs of the Pharmaceutical Industry

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Pfizer to open pharmaceutical plant in Saudi Arabia

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RABIGH, Saudi Arabia -- Pfizer Inc. has signed an agreement to open a pharmaceutical manufacturing plant in Saudi Arabia, Bloomberg reported. The plant will begin production in 2015 and
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Lycera Corp. names Kathleen M. Metters as president, CEO

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ANN ARBOR, Mich. – Biopharmaceutical company Lycera Corp. announced that Kathleen M. Metters, former senior vice president and head of worldwide basic research at Merck, has been named president
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Merck to pay $1.5 million civil penalty for environmental violations

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PHILADELPHIA — Pharmaceutical company Merck has agreed to pay a $1.5 million civil penalty to settle violations of federal environmental laws at its manufacturing facilities in Riverside and West Point,
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Watson Pharmaceuticals to pay $79 million to settle Medicaid fraud allegations

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AUSTIN, Texas — Watson Pharmaceuticals Inc. will pay $79 million to settle charges that it defrauded the Medicaid program, the San Antonio Business Journal reported.According to attorneys for the state
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GAVI Alliance to provide diarrhea, pneumonia vaccines for developing nations

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GENEVA, Switzerland —The GAVI Alliance, a public-private global health partnership backed by Bill Gates, announced today that it will provide more than $1 billion in funding for 16 more developing
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Merck’s Michael Rosenblatt to deliver keynote address at Biotech 2011

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TRENTON, N.J. and WAYNE, Pa. — Merck Executive Vice President and Chief Medical Officer Michael Rosenblatt will discuss the barriers to innovation in the life sciences during a luncheon keynote
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