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Pharmaceutical
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Johnson & Johnson buys Swedish diagnostic test developer
June 23, 2008
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The Associated Press is reporting that a Johnson & Johnson unit recently bought a Swedish company that develops technology for faster diagnostic tests of patient blood samples.J&J, one of the
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U.S. FDA hopes to open China offices by year end
June 20, 2008
According to Reuters, China has granted diplomatic approval for the U.S. Food and Drug Administration to open three inspections offices in China that also will help increase China''s capacity for
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Sanofi Aventis plans $2.56B bid for generics maker
June 18, 2008
According to the Associated Press, French pharmaceuticals maker Sanofi-Aventis SA said recently it''s planning a takeover bid for Zentiva that values the Czech generic drugs maker at $2.56 billion.Sanofi-Aventis, which
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Daiichi says open offer for Ranbaxy opens soon
June 16, 2008
According to Reuters, Japanese drug maker Daiichi Sankyo said recently its open offer to buy up to 20 percent in India''s Ranbaxy Laboratories would open soon.Daiichi struck a deal last
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Elan said mulling separate listing for EDT unit
June 12, 2008
According to Reuters, Irish drugmaker Elan is likely to separately list its development and manufacturing division Elan Drug Technology (EDT), worth up to $1.5 billion (757 million pounds), if it
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Cadila Healthcare to buy S Africa''s Simayla
June 9, 2008
Reuters is reporting that Indian drugmaker Cadila Healthcare Ltd. said recently it has acquired 70 percent in South Africa''s Simayla Pharmaceuticals, marking the Indian firm''s second buy in less than
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EU urges more collaboration after Heparin scandal
June 9, 2008
According to Reuters, Western drug agencies need to step up cooperation to head off a repeat of the recent scandal over tainted Heparin and protect patients from counterfeits, Thomas
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Mylan, Abbott settle anti-seizure drug dispute
June 6, 2008
According to the Associated Press, generic drug developer Mylan Inc. said recently that a subsidiary has entered into a settlement and license agreement with Abbott Laboratories relating to a generic
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Novartis buys antibiotics maker Protez
June 4, 2008
According to the Associated Press, Swiss pharmaceuticals company Novartis AG said recently it is buying U.S.-based antibiotics developer Protez Pharmaceuticals Inc. for as much as $400 million.Protez, based in Malvern,
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Mylan acquires eastern European Merck KGaA units
June 2, 2008
The Associated Press is reporting that generic and specialty pharmaceutical company Mylan Inc. said recently it has acquired the central eastern European generics businesses of German drug maker Merck KGaA,
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