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Pharmaceutical

Linde Builds Large Hydrogen and Synthesis Gas Plant in China

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Reuters reports, the Linde Group will build and operate a large hydrogen and synthesis gas plant in the Chongqing Chemical Park in Western China in a joint enterprise with Chongqing
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A. Schulman Adds Manufacturing Line in Brazilian Facility

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A. Schulman, Inc. announced that it will add one manufacturing line in its Sao Paulo, Brazil plant to accommodate increased demand for the company''s masterbatch and engineered plastics products, reports
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J&J In Talks to Buy Swiss Company Synthes for $20 Billion

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Reuters reports, Johnson & Johnson is in preliminary talks to acquire Swiss medical device maker Synthes for a price, which could be about $20 billion, a source familiar with the
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GlaxoSmithKline to Invest £500 Million in Egypt Healthcare

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Daily News Egypt reports, GlaxoSmithKline Consumer Healthcare announced they will invest approximately £ 500 million in Egypt’s healthcare sector. “Our main goal over the next five years is to
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Pfizer Selling Capsugel Unit for $2.38 Billion

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Reuters reports, Pfizer Inc has struck a deal to sell its Capsugel unit, the world''s largest maker of hard capsules, to private equity firm KKR & Co for nearly $2.38
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Materia Plans Singapore-Based Catalyst Manufacturing Facility

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In a press release, Materia announced its plans for opening a catalyst manufacturing and R&D facility in Singapore. The company expects to complete the site selection process in 3Q 2011
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Bafna Pharma to Acquire Raricap from J&J

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Pharmaceutical Business Review reports, Bafna Pharmaceuticals, a Chennai, India-based contract research manufacturer, plans to buy Raricap from Johnson & Johnson for INR210m. Raricap, which contains calcium, folic acid and iron,
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Feds Takes Over Three Tylenol Plants

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CNNMoney reports, the U.S. Government is taking over three Tylenol plants following a blizzard of drug recalls and a Food and Drug Administration criminal investigation into safety issues at
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Japan Halts Vaccines After Deaths of Four Children

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The Associated Press reports, Japan has temporarily stopped using vaccines from U.S. drugmaker Pfizer Inc. and Sanofi-Aventis SA of France while it investigates the deaths of four children who were
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Targacept, GlaxoSmithKline End Partnership

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The Associated Press reports, Targacept Inc. and GlaxoSmithKline announced they are ending their partnership to develop treatments for addiction, obesity, and several other conditions. In a statement, Targacept noted that
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