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Ireland’s Shire to acquire NPS Pharmaceuticals for $5.2bn

Irish drugmaker Shire has signed a merger agreement to acquire US-based NPS Pharmaceuticals for $5.2bn. As part of the deal, Shire will...

Biogen to acquire British biopharmaceutical firm Convergence

US-based Biogen Idec is set to acquire British clinical-stage biopharmaceutical company, Convergence Pharmaceuticals. As part of the deal, Convergence shareholders will receive...

Insourcing IV Sterile Compounding

Determined to cement access to reliable and safe sources for crucial IV drug admixtures, a growing number of hospitals are bringing production of compounded sterile...

Novartis buys GSK’s cancer drugs for $16 bn in three-part deal

Global pharma major Novartis will acquire GlaxoSmithKline Plc's (GSK) cancer drugs portfolio for $16 billion and sell its vaccines business in return for $7.1 billion,...

Biocon Q4 net profit falls 54% to Rs 113 crore

Biotechnology firm Biocon on Friday reported a 54.51 per cent fall in its consolidated net profit at Rs 113.08 crore for the fourth quarter ended...

Lupin forms JV with Japan’s Yoshindo Inc

Drug major Lupin has entered into a joint venture pact with Toyama-based Yoshindo Inc to form a new entity which will be responsible for development...

Xenometrix – Mutagenicity Assays and Cytotoxicity Screening Kits

Xenometrix produces and distributes today's most advanced mutagenicity assays and cytotoxicity screening kits designed to help reduce hands-on time, test compound consumption, plastic waste and...

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