Archives for November 13, 2003

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BASF's Hambrecht sees glimmer of light

Chemicals major BASF managed to post a small gain in third quarter revenues despite the difficult operating environment affecting the industry; chairman Hambrecht points to early signs that the sector may have hit bottom and be ready for a recovery.

Avecia DNA unit EU-certified

Avecia has scored a world first with the certification by all European Union member states of its DNA medicines production facility at Grangemouth, Scotland.

CIMA signs Japanese partner

CIMA Labs has licensed its orally-disintegrating tablet formulation of fentanyl for breakthrough cancer pain to Japan's Taiho Pharmaceutical.

Solid 3Q showing at Evotec

Evotec OAI once again defied the difficult environment for drug discovery technology companies with a 20 per cent hike in nine-month revenues to €56.7 million. Growth was driven by the firm's ultra high-throughput screening collaboration with Pfizer,

Indian meeting claims first

A new exhibition scheduled to take place in Hyderabad, India, in early 2005 claims to be the first to bring domestic and international chemical companies to the same forum.