Archives for November 26, 2008

← 2008

Further twists in heparin scandal

By Nick Taylor

A member of the US Congress has called on the GAO to launch an investigation into the FDA’s handling of the heparin crisis, citing “unanswered questions concerning [the] deaths”.

Hectic week of M&A led by the return of King to Alpharma

By Gareth Macdonald

King Pharmaceuticals’ $1.6bn (€1.2bn) acquisition of Alpharma heads a busy week of deals that has seen J&J agree to pay $438m for Omrix and India’s Sun further its presence in the US narcotic APIs sector through the purchase of Chattem Chemicals.

Azopharma sets up UK lab

Contract development firm Azopharma has established a new laboratory facility in Welwyn Garden City, UK, which it hopes will facilitate its move into the European market.

Reps attack FDA; call for Obama to “clean house”

By Nick Taylor

Members of the Committee on Energy and Commerce have said that recent actions by the FDA have been politically motivated and insufficient, although they did acknowledge the moves were necessary.

Sealing up the packaging market

By Nick Taylor

Sepha has launched PakScan, its new leak testing machine that the company claims can quickly and non-destructively test for holes in sachets and sealed pouches.

Watson to buy Teva drugs for $36m

Watson Pharmaceuticals has paid Israeli generics firm Teva $36m (€27.6m) for 17 products that the latter firm is selling under the terms of its $7.5bn acquisition of Barr Pharmaceuticals.

ScinoPharm’s easy-filter irinotecan gets US patent

By Gareth Macdonald

Taiwanese API maker ScinoPharm has been granted a US patent for new crystalline forms of irinotecan which are designed to allow for easier filtration during production processing.