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Xcelience invests in CMO Powdersize

Xcelience invests in CMO Powdersize

CDMO (contract development and manufacturing organization) Xcelience has made a structured cash investment in Pennsylvania-based Powdersize, which specializes in milling, micronization and powder size classification.  

Parexel to lay off up to 125 transferred GSK employees

UPDATE

Parexel to lay off up to 125 transferred GSK employees

By Zachary Brennan

Beginning Sept. 30, Massachusetts-based CRO (contract research organization) Parexel will lay off as many as 125 of the 450 employees it brought on from GlaxoSmithKline (GSK) in North Carolina late last year, according to a North Carolina WARN report...

Teva announced last week its plans to acquire Allergan

Success of Allergan integration is the human capital, says Teva

By Angela Coyle

"People are the essence of the company going forward," said Teva, referring to the news that the world's largest generic drug maker will purchase Allergan's generics business for $40.5bn, at its Q2 financial results press conference...

INC Research raises guidance for 2015, stock jumps 10%

INC Research raises guidance for 2015, stock jumps 10%

By Zachary Brennan

Contract research organization INC Research reported 14.2% net service revenue growth in Q2, compared to the same quarter last year, raised future guidance and saw its stock bump up more than 10%.

Covance acquisition begins paying off for LabCorp in Q2

Covance acquisition begins paying off for LabCorp in Q2

By Zachary Brennan

LabCorp revealed a more than 46% increase in quarterly revenue from the same quarter last year as the recent $6.2bn acquisition of Covance brought in $620.8m of the overall company’s $2.2bn in Q2.

Mr Justice Jay ruled phrasing on the HRA website was unclear

TRIAL TRANSPARENCY

CRO vs HRA trial transparency case ends in a win for industry

By Fiona BARRY

A five-month legal battle over the duties of trial sponsors to publish results has ended with a judge ruling the UK regulator acted unlawfully and sponsors will not be required to publicly register UK Phase I adult trials which began before September...

Albany, New York-headquartered CDMO AMRI

AMRI's business risk profile 'weak,' says S&P

By Dan Stanton

A Standards & Poor analyst has rated contract development and manufacturer AMRI as ‘stable,’ but says it lacks the scale and breadth of offerings of its competitors in the CDMO industry.

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