Archives for April 6, 2008

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Novartis eyes new markets by taking Alcon stake

By  Nick Taylor

Swiss-based Novartis has acquired a 25 per cent stake in Alcon, a US-based company specializing in ophthalmics, which ranks among the fastest-growing therapeutic sectors in pharmaceuticals.

Jubilant to buy Draxis in $255m deal

By  Phil Taylor

India's Jubilant Organosys has made good on promises to make acquisitions in the contract research and manufacturing services (CRAMS) sector with a $255m deal to buy Draxis Health of Canada.

Court Square unveils IT audit service

By  Kirsty Barnes

IT services firm Court Square used the Interphex trade show in Philadelphia to unveil its new audit and compliance offering for life science firms.

Genzyme invests another EUR 130m in Irish facility

By  Pete Mansell

Genzyme is putting another €130m into its manufacturing facility in Waterford, Ireland, where the US biotech first put down roots in 2001 and has been steadily expanding ever since.