Archives for August 7, 2007

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Abraxis acquires rights to discovery platform

By  Dr Matt Wilkinson

Abraxis Bioscience has bought the worldwide rights to a discovery platform designed to generate new therapeutics and identify new drug targets that alter the p53 tumour suppressor signalling pathway.

Gilead scraps new plant to acquire Nycomed facility

By  Katrina Megget

US-based Gilead Sciences has ditched its plans to build a new €60m plant in Dublin, Ireland, instead acquiring Nycomed's Irish manufacturing facility in Cork for almost €34m.

Biotech firm Archemix strengthens alliances

By  Dr Matt Wilkinson

Following Archemix' initial public offering (IPO) filing the company has announced two high profile strategic alliances aimed at leveraging its aptamer technology to a wider audience.

China declares $1.7bn drug safety investment

By  Kirsty Barnes

China has announced an initial $1.7bn investment to bolster its currently questionable ability to effectively monitor the quality of the food and drugs manufactured within its borders.

Baxter recalls more infusion pumps

By  Katrina Megget

Baxter Healthcare remains in murky waters in regard to its infusion pumps after announcing yesterday it would be recalling an additional 986 of its Colleague brand pumps.

Weekly comment

Speculation on gene therapy trial death 'premature'

By  Emilie Reymond

Targeted Genetics said it was 'premature as well as irresponsible' to draw any conclusions on what caused the death of a patient who participated in a clinical trial testing the safety of the firm's new gene therapy.