Archives for June 9, 2008

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Central Glass enters EU API market via Girindus buy

By  Phil Taylor

Japanese glass and chemical company Central Glass has found a swift route into the contract manufacturing market for active pharmaceutical ingredients (APIs) in Europe via the purchase of Girindus' facility in Halle-Kuensebeck.

BMS grants IBM $324m contract

By  Kirsty Barnes

Bristol-Myers Squibb (BMS) has recruited IBM in its latest round of outsourcing, granting the IT giant a $324m business process outsourcing (BPO) contract.

Arch buys 70 per cent Benzochem stake

By  Staff Reporter

Contract pharmaceutical services supplier Arch Pharmalabs has purchased a 70 per cent stake in fellow India-based active pharmaceutical supplier (API) Benzochem Lifesciences for around Rs 1bn ($23m), strengthening its position in the cancer drug market.

Branded HFA albuterols to completely dominate market

By  Nick Taylor

The impending ban on albuterol inhalers that use chlorofluorocarbon (CFC) propellants will see branded hydrofluoroalkane (HFA)-based products completely dominate the US market as, to date, no generic HFA albuterol has been developed.

Russia initiates most clinical trials in Q1

By  Kirsty Barnes

Russia has witnessed a drop in generating new business activity on the clinical trials scene over the past year, but has been increasing its own activity in this field.