Archives for December 4, 2006

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Pfizer scraps cholesterol drug

By  Mike Nagle

The heart of Pfizer's business took a major blow when it was forced to halt development on their most promising cholesterol drug.

Rockwood sheds Groupe Novasep in €425m deal

By  Anna Lewcock

Rockwood Holdings announced last week that it has reached an agreement to sell its subsidiary Groupe Novasep to a consortium of buyers in a transaction valued at €425m.

France to make personalised medicine a reality?

By  Dr Matt Wilkinson

France has placed itself firmly at the forefront of research into personalised medical solutions for cancer, infectious diseases and rare genetic diseases by investing nearly half a billion euros into the ADNA project.

Cardinal divests drug manufacturing unit

By  Emilie Reymond

Cardinal Health, the leading contract manufacturer for the pharmaceutical industry, has announced its plans to sell its drug manufacturing and packaging unit in order to focus on its health-care business.

Demand for high visibility packaging on the rise

By  Anna Lewcock

A US research company has published a report placing clamshell style packaging as the forerunner in the burgeoning high visibility packaging industry, with blister packs also on the increase.

Bioxel reaches Europe with taxane-based drug

By  Emilie Reymond

Canadian pharma manufacturer Bioxel has announced it has received several orders for its paclitaxel product - a taxane-based drug effective to treat cancer - from two European customers representing a total of CAD$630,000 (€420,000).