Archives for September 14, 2008

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New EC GMP regulations for radiopharma

By Nick Taylor

Revised good manufacturing practice (GMP) requirements for the production of radiopharmaceuticals have been published by the European Commission (EC).

Fresenius’ APP expands Grand Island capacity

By Gareth Macdonald

APP Pharmaceuticals has bought additional facilities at a site in Grand Island, New York seizing the opportunity created by Astellas Manufacturing’s decision to shift production of its dermatitis drug Protopic to Japan.

MonoSol film technology gets US protection

By Gareth Macdonald

US drug delivery specialist MonoSol Rx says it has received USPTO patent rights to processes used in the manufacture of PharmFilm, its proprietary thin film drug delivery technology.

Alcan Packaging may break-up after year on the shelf

By Gareth Macdonald

Speculation is rife that Australia’s Amcor is one of several companies to have tabled bids for Rio Tinto’s $4.4bn (€3.1bn) Alcan Packaging division that serves the pharmaceutical, food and tobacco industries.

Fluorotechnics expands into the US with GelCo buy

By Dr Matt Wilkinson

Australian proteomics fluorescence expert Fluorotechnics has agreed to buy The Gel Company as part of its strategy to cement itself as a world leader in protein electrophoresis.

Takeda pursues CMO in court for $26.7m

By Nick Taylor

Takeda Pharmaceutical has filed a lawsuit in an attempt to recoup $26.7m in damages, after it had to recall a product made by a contract manufacturing organisation (CMO).

Boom times continue for Indian CMOs

By Phil Taylor

India’s contract manufacturing market is expected to rocket forward over the next couple of years to reach a value of $2.46bn in 2010, according to a just-released report from KPMG.

BMS gets closer to Accenture with $550m IT deal

By Phil Taylor

Pharmaceutical major Bristol-Myers Squibb has signed another deal with outsourcing specialist Accenture, this time tapping the firm for IT and financial support services via a 10-year contract worth $550m.

PharmaNet slumps on another ‘08 earnings cut

By Phil Taylor

Drug development services company PharmaNet saw its share price slashed in half on Friday after downsizing its 2008 revenues and earnings forecasts for the second time this year.