AZ and BMS job cuts add to big pharma woes
As pharma firms disclose their financial results for the second quarter of the year, AstraZeneca (AZ) and Bristol-Myers Squibb (BMS) have announced more job cuts.
Archives for July 29, 2007
CRO market to reach $24bn by 2010
The total contract research organisation (CRO) market is expected to reach $24bn (€18bn) by 2010 as biopharma companies' spending on outsourcing services continues to soar, new research reveals.
Biocon JV sets up in UAE
Indian biotech heavyweight Biocon has today announced that its joint venture with Abu Dhabi-based Neopharma has spawned new company NeoBiocon, operating out of one of Dubai's newest biotechnology parks.
Weekly comment
UK ordered to review animal testing approval system
The UK government has been ordered to review the assessment system it uses to classify and grant permission for animal experiments following a court ruling handed down last week.
PRA to go private as Q2 profit tumbles
PRA said it signed an agreement with equity firm Genstar Capital to be bought back by the firm for around $790m (€580m) while the CRO posted a 90 per cent tumble in profit in Q2 due to heavy restructuring charges.
Patent promise for oral insulin tablet tech
A novel drug delivery technology capable of delivering large molecules in oral tablet form is set to gain patent protection in a number of countries through an international patent treaty.
Aperio helps speed up tissue microarray analysis
Aperio has released a new software tool that not only speeds up the analysis of tissue microarray (TMA) images but also allows researchers to access images remotely.