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Pharmaceutical

Novartis to buy Speedel for $880 million

July 11, 2008
According to the Associated Press, Novartis AG said recently it has acquired a majority of shares in Swiss pharmaceutical maker Speedel Holding AG and intends to buy the remaining stake.Novartis
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Fresenius paying $3.7B for US drugmaker APP

July 9, 2008
Fresenius SE said recently it has agreed to buy U.S. generic drug maker APP Pharmaceuticals for $3.7 billion in cash in a deal that will give the German health care
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Fresenius paying $3.7B for US drugmaker APP

July 7, 2008
According to the Associated Press, Fresenius SE said recently it has agreed to buy U.S. generic drug maker APP Pharmaceuticals for $3.7 billion in cash in a deal that
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India''s Glenmark buys pharma brands in Poland

July 2, 2008
According to Reuters, Glenmark Pharmaceuticals Ltd has bought seven drug brands in Poland from Iceland''s Actavis and its Polish affiliate Biovena, expanding the Indian firm''s presence in Europe and lifting
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Slovenian Krka buys stakes in two Chinese firms

June 30, 2008
According to Reuters, Slovenia''s pharmaceutical company Krka said recently it bought minority stakes in two Chinese pharmaceutical companies.It said it invested $794,000 in each company, acquiring a stake of 7.5
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Singapore factory output suffers shock decline

June 27, 2008
According to Reuters, Singapore''s May factory output unexpectedly fell 5.7 percent, reflecting a renewed steep decline in drugs production and providing more evidence that poor demand in the United States
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WuXi PharmaTech and Covance creating joint venture

June 25, 2008
According to the Associated Press, drug development services companies WuXi Pharmatech and Covance Inc. said recently they will create a joint venture to provide preclinical development contracting in China.WuXi, based
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Johnson & Johnson buys Swedish diagnostic test developer

June 23, 2008
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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