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NEWS IN BRIEF

AstraZeneca contracts DPS Group

By Melissa Fassbender

AstraZeneca has contracted the engineering and construction management firm DPS Group to support projects at its site in Södertälje, Sweden.

(Image: WuXi AppTec Co., Ltd.)

WuXi AppTec IPO tops $353m

By Melissa Fassbender

The Chinese contract research and development company WuXi AppTec has raised more than $353m in its initial public offering of common stock on the Shanghai Stock Exchange.

(Image: Getty/mthipsorn)

Takeda secures Shire bid for $62.11bn

By Melissa Fassbender

Takeda has acquired Shire for approximately $62.11bn (£46bn) to create a Japan-headquartered biopharmaceutical company with a robust pipeline and expanded geographical footprint.

(Image: Getty/eaglesky)

CRO market to reach $44.4bn by 2021

By Melissa Fassbender

The global contract research organization (CRO) market is forecasted to grow 12% year-on-year through 2021 – led by IQVIA with 12.4% of the market share.

(Image: Getty/oatwa)

RxCelerate acquires specialist bioanalytical CRO

By Melissa Fassbender

UK-headquartered RxCelerate has acquired the specialist bioanalytical contract research organization Total Scientific – increasing its staff to 37 following its expansion stateside in November 2017.

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