Archives for February 1, 2007

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Nicholas Piramal eyeing US acquisition

By  Emilie Reymond

Nicholas Piramal is planning an acquisition in the US in a move the company hopes will give it the top slot in the custom manufacturing sector.

GSK invests in new Irish facility

By  Anna Lewcock

Major pharmaceutical player GlaxoSmithKline (GSK) has begun construction of a €23m facility in County Waterford, Ireland. The new facility is already under construction at the company's consumer healthcare manufacturing site in Dungarvan.

Steris posts mixed 3Q results

By  Anna Lewcock

US-based sterilisation system providers Steris this week announced their fiscal 2007 third quarter results, revealing the impact of the relocation of manufacturing capacity to Mexico and the firm's European restructuring.

Disposables prove lucrative for Sartorius

By  Susan Gotensparre

Sartorius has reported 7.6 per cent increase in sales revenue in 2006 rising to €520.1m ($677.4m), due to the biotechnology division's decision to focus on disposable systems.

Medifacts in troubled waters

By  Kirsty Barnes

Medifacts International has this week filed for Chapter 11 bankruptcy protection amidst plans to sell off its clinical research services division.