Archives for August 7, 2005

← 2005

Cardinal Health profits down on sterile manufacturing woes

By Phil Taylor

Cardinal Health reported a mixed bag of results in its fourth quarter, with revenues rising well on the back of rising demand for its pharmaceutical distribution services, although operating profit fell 9 per cent, in line with forecasts, dragged down...

Pharma/biotech deliver mixed 2Q results

By Wai Lang Chu

The raft of pharmaceutical companies reporting results for the second quarter of 2005 provided mixed indications as to the state of the industry. The claim that pipeline product fruition is beginning to return among the pharmaceutical and...

Inhibitor protein makes viable drug target

By Wai Lang Chu

Researchers have discovered that a protein, which acts as a fundamental inhibitor of cell movement or migration, may be a likely target for new drug development aimed at decreasing tumour metastasis, or spread, throughout the body.

GSK to double flu vaccine production capacity

By Phil Taylor

The world's second largest pharmaceutical company, GlaxoSmithKline, is investing close to €100 million in a new manufacturing facility in Dresden, Germany, for flu vaccines.

Biofocus extends Organon collaboration

By Wai Lang Chu

BioFocus and Organon have announced they are to embark on the second phase of collaborative projects involving key GPCR targets for therapeutic applications and drug discovery.

Eckart buy brings Altana split closer

By Phil Taylor

Altana Chemie, the specialty chemicals unit of German pharmaceutical and chemicals company Altana, has said it plans to acquire Eckart for €630 million in cash, in what is the largest purchase in the company's history.