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Siegfried Sees 1H Profits Rise

Siegfried Sees 1H Profits Rise on APIs, Orders and Acquisitions

Swiss API manufacturer Siegfried reported that higher API sales and custom synthesis orders drove a profit increase in the first half of the year and predicted that recent capacity hike and new China plant would help maintain positive momentum.

Amgen Acquires Onyx for $10.4bn

Amgen Acquires Onyx for $10.4bn

Amgen has spent $10.4bn (€7.8bn) in acquiring Onyx Pharmaceuticals saying its oncology products and pipeline will be strengthened by Amgen’s manufacturing capabilities.

Discovery outsourcing surge

Cresset Sees Discovery Outsourcing Upsurge

Cutbacks are prompting more sponsors to outsource library design and screening during drug discovery according to UK-based software and consulting firm Cresset.

Elimiating Viruses the NanoViricides Way

Elimiating Viruses the NanoViricides Way

By Dan Stanton

NanoViricides' nanotech drug delivery platform has the potential to eliminate viruses, the firm says as construction began on a manufacturing facility to support upcoming clinical trials.

Codexis denies Dyadic breach

Codexis Denies Expression System Licence Breach

By Gareth Macdonald

Codexis has denied breaching its licensing deal with Dyadic International and says losing rights to the C1 fungal expression system would hit its CodeXyme business hard.

Partnership Looks to Expand Access to Biomarker Discovery Platform

Partnership Looks to Expand Access to Biomarker Discovery Platform

By Zachary Brennan

Agilent Technologies and SomaLogic will partner to expand the dissemination of Soma’s proteomic assay to at least five academic and contract research centers by the end of the year as demand for the tool has skyrocketed among biopharma companies.

AMRI Stock Tumbles After Announcing B-MS Trial Ends

AMRI Stock Tumbles After Announcing B-MS Trial Ends

By Zachary Brennan

Albany Molecular Research's (AMRI) stock fell more than 10% on Monday after announcing in an SEC filing that it was informed by its partner Bristol-Myers Squibb that it would terminate the development of an investigational depression drug.

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