Archives for September 7, 2008

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Patheon slashes losses in Q3

By Phil Taylor

Canada’s Patheon put in another quarter of robust revenues growth in its third quarter, which coupled with cost-reduction measures helped the firm trim its net loss to $14.7m, down 75 per cent on a year ago.

Bids imminent for Elan's contract division

By Nick Taylor

The second round of bids for Elan Drug Technologies (EDT) is expected to be received by mid-September, with a sale price of up to $1.4bn mooted in press reports.

Tocris launches Target Detective

By Dr Matt Wilkinson

Tocris Bioscience has launched a new search facility that enables researchers to search for chemicals by the biological targets they work on, rather than the chemical name itself.

New investment to help Quotient grow even faster

By Dr Matt Wilkinson

UK analytical services expert, Quotient Bioscience has received a significant equity investment from TA Associates to help further the firm’s acquisition-led and organic growth strategy.

ReInnervate the difference for stem cells

By Dr Matt Wilkinson

UK researchers have developed two synthetic molecules that coax stem cells to differentiate into either neurons or epithelial cells for use in drug discovery applications.

Drugmakers within EC's REACH, says SAFC

By Gareth Macdonald

Despite a decade-long build up, drugmakers are yet to wake up to the “no data, no market” mantra of the EC’s REACH legislation, according to SAFC’s marketing director Amanda Halford.