Archives for March 24, 2005

← 2005

Foss achieves profit despite difficult year

Danish analytical technology specialist Foss has reported a sharp increase in organic growth in 2004, helped in part by the merger of two of Foss subsidiaries, and the introduction of 10 new products for the world market, reports Wai Lang Chu.

India's patent law passes lower house

India's new patent law, that will prevent domestic pharmaceutical manufacturers from making low-cost generic copies of in-patent drugs - has finally been passed by the lower house of the country's parliament, writes Phil Taylor.

FDA questions 'innovative industry' tag

The decreasing number of truly original drugs approved by the Food and Drug Administration is becoming such a serious issue that the pharmaceutical market's tag as the 'innovator industry' is being called into question, reports Wai Lang Chu.

New diabetic drug class shows promise

Canadian biopharmaceutical company, Theratechnologies, has announced positive results for its latest drug candidate for the treatment of type II diabetes. The GLP-1 analogue takes its position in the market for this rapidly evolving new class of...

Solvay to buy Fournier to boost pharma

Belgian company Solvay is to buy Fournier Pharma for up to €1.6bn in a move that ties into the group's long-term strategy to boost its activities in the pharmaceuticals sector, reports Phil Taylor.