Archives for December 16, 2008

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Takeover bid as Patheon returns to profit in Q4

By Phil Taylor

Contract development and manufacturing company Patheon received an unsolicited takeover bid from private equity firm JLL Partners ahead of reporting a return to profit in its fiscal fourth quarter results.

RF drug delivery device gains CE mark

By Nick Taylor

TransPharma Medical has received the European CE mark for its transdermal drug delivery device ViaDerm, which creates pores to allow a therapeutic through the skin.

Syscan files for bankruptcy

By Nick Taylor

The global financial difficulties are starting to hit home in the outsourcing sector, with supply chain services company Syscan filing for bankruptcy after being unable to secure a loan.

FDA guidance on genotoxic impurities

By Nick Taylor

The FDA has issued draft guidance on how manufacturers should evaluate the safety of products that contain genotoxic and carcinogenic impurities.

PPD joins Nasdaq 100 for the first time

By Gareth Macdonald

PPD’s admission to the Nasdaq’s 100 index, which covers the elite group of non-financial firms to be listed on the Nasdaq Stock Exchange, is a definitive moment for the CRO, according to CEO Fred Eshelman.

CTx selects IDBS for drug development kit

By Gareth Macdonald

Australian drug development firm Cancer Therapeutics (CTx) has selected IDBS’ E-workbook and ActivityBase platforms to manage its global drug development programmes.