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Pharmaceutical

AstraZeneca Sells Dental Business for $1.8 Billion

The Associated Press reports, AstraZeneca PLC is selling its Astra Tech dental business, the world''s third-largest maker of dental implants, for $1.8 billion, the Anglo-Swedish pharmaceutical company announced Wednesday. The
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Single-Use Mixer Improves BioPharm Process Efficiency

The Allegro™ 200L Single-Use Mixer is designed for high-performance mixing in biopharmaceutical applications from pilot scale to full production. The unit improves the efficiency of critical mixing processes throughout the
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Pfizer Lung Cancer Pill May Double Survival

The Associated Press reports that a much-anticipated drug for advanced lung cancer from Pfizer Inc. appears to double survival over standard drugs against tumors with a certain genetic mutation, according
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Pfizer Asks EU to Approve Kidney Cancer Drug

The Associated Press reports that Pfizer Inc. has asked European Union regulators to approve its drug candidate axitinib as a treatment for kidney cancer. Pfizer wants approval to market axitinib
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Optimer Wins US Approval for Drug to Fight Fatal Bacteria

According to Bloomberg, Optimer Pharmaceuticals won FDA approval for the first antibiotic in a quarter-century that fights a deadly bacterium linked to intestinal infections often caught in hospitals. Optimer will
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Syngenta Launches New Seed Treatment

According to PRNewswire, Syngenta announced the launch of VIBRANCE™, a proprietary seed treatment fungicide based on the new active ingredient sedaxane. VIBRANCE, which has been tailored specifically for the seed
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Japan''s Takeda Buying Nycomed for $13.6 billion

The Associated Press reports that Takeda Pharmaceutical Co. will buy Switzerland''s Nycomed for $13.6 billion, giving Japan''s biggest drugmaker coveted access to emerging markets. The all-cash deal is the largest
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Amylin Pharmaceuticals Files Suit Against Eli Lilly

PRNewswire reports that Amylin Pharmaceuticals, Inc. has filed a lawsuit against Eli Lilly and Company in the United States District Court for the Southern District of California, alleging that Lilly
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Merck Serono Pays $44 Million to Settle Kickback Charge

The Department of Justice said that multinational drugmaker Merck Serono SA has agreed to pay $44.3 million to settle allegations that it illegally promoted one of its drugs using kickbacks
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Pfizer CEO Read Considering Sale of Four Divisions

Bloomberg reports that Pfizer Chief Executive Officer Ian Read is reviewing the possible sale or spinoff of four divisions with $18.3 billion in annual revenue, led by the company’s third-biggest
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