Archives for June 30, 2004

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West Pharma plans drug delivery exit

West Pharmaceutical Services of the US said yesterday that it is looking to hive off its drug delivery business and focus on its primary business in prefilled syringes and components.

Forest Labs under Spitzer scrutiny

New York Attorney General Elliot Spitzer has continued in his crusade to investigate pharmaceutical company practice by requesting information from Forest Laboratories which is accused of promoting its products for "off-label" usage.

Pfizer hit by fresh counterfeit Viagra scam

Pfizer's position as the number one drugmaker in the world with a stable of blockbuster medications makes it a prime target for the drug counterfeiters, and one of its most copied products is the notorious impotence drug Viagra (sildenafil).

Lanxess achieves independence

Lanxess, the new company in which Germany's Bayer will combine almost all areas of its chemicals business and parts of its polymers activities, begins operating as an independent unit today.

Sandoz rides the M&A wave in generics

Predictions that the generics industry will experience further consolidation - made at the annual meeting of the International Generic Pharmaceutical Alliance this week - have been swiftly followed by the news that Sandoz is buying AstraZeneca's...

Oak Ridge Labs test NanoArrayer

Bionanotechnology company Bioforce hasreached an agreement to field test its transformational molecular printer, NanoArrayer, at the Oak Ridge National Laboratory in the US, writes Wai Lang Chu.