Archives for August 23, 2006

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NPIL expands high potency API facility in Scotland

By  Gregory Roumeliotis

Strong demand for anti-cancer cytotoxic active pharmaceutical ingredients (APIs) has led Nicholas Piramal (NPIL) Pharma to upgrade infrastructure and hire more staff at its high potency substances (HPS) facility in Grangemouth.

Pharmacists want manufacturers to sort out their tablets

By  Gregory Roumeliotis

Difficulties in identifying tablets have emerged as a major issue in a recent US survey of 150 pharmacists who are warning drugmakers that the lack of distinct appearance in pills leads in dispensing errors that cost more than 7,000 lives each year...

Thermo experiences high operating profit growth

By Emilie Reymond

Thermo Electron has reported an operating profit growth of 26 per cent to $143.2m (€111.2m) and boosted its profit margin by three percentage points to 20 per cent in its second quarter results.

Oncology-focused CRO formed

By  Kirsty Barnes

Two US contract research organisations (CROs), Averion and IT&E International, have joined to forces to specialise in the area of oncology services.

Fisher reports profit jump

By Emilie Reymond

Fisher Scientific has reported a second-quarter pre-tax profit jump of 31 per cent to $146.1m (€113.4m), reflecting the success of recent acquisitions and operating initiatives.

Teva axes Ivax' Puerto Rico facility

By  Gregory Roumeliotis

Looking for $45m (€35m) in savings, Teva has decided to abandon its drug manufacturing plant in Cidra, Puerto Rico, as it scrambles to adjust capacity seven months after its acquisition of Ivax.

CROs slashing clinical trial times

By  Kirsty Barnes

Contract research organisations (CROs) are slashing clinical trial times by an average of 30 per cent and the outsourcing trend is showing no signs of slowing, as the pharma industry continues to face rising pressure to reduce time-to-market of new drugs.