M&A speculation rife in pharma
If 2003 was marked by consolidation in the biotechnology industry, then in 2004 the spotlight seems to have tracked firmly back to pharmaceuticals - and particularly the European majors.
If 2003 was marked by consolidation in the biotechnology industry, then in 2004 the spotlight seems to have tracked firmly back to pharmaceuticals - and particularly the European majors.
Irish pharmaceutical group Elan has raised around $70 million (€55m) from four new deals, including the sale of formulation and manufacturing interests.
The bacterium Listeria monocytogenes is well known as a cause of food poisoning, but could also improve the safety and effectiveness of vaccines for a number of viral diseases, according to US researchers.
Bio-Tek Instruments has launched a new microplate washer designed to have a gentler action to avoid interfering with the results of cell-based assays.
General Electric's €8.1 billion acquisition of the UK's Amersham was approved by the European Union yesterday, after it concluded that the deal would not create a monopoly in Europe's medical imaging market.
BioCatalytics has expanded its product line of enzymes for chemical synthesis with the addition of new ketoreductases (KRED) enzymes for the stereoselective reduction of ketones.