Archives for May 25, 2010

← 2010

Adcock plans expansions & acquisitions to drive growth

By Nick Taylor

Adcock Ingram recorded an 11 per cent rise in profit in the first half of 2010 and is looking to continue this upwards trend through manufacturing expansions, plus local and overseas acquisitions.

Biocon wins hospital “superbug” drug API contract

By Gareth Macdonald

Indian’s Biocon will supply US biopharma Optimer Pharmaceuticals with the API fidaxmicin for its candidate Clostridium difficile infection (CDI) drug OPT-80 under a new long-term contract.

AMRI cuts US workforce 10%, and creates 180 jobs in Asia

By Gareth Macdonald

AMRI is reducing its US workforce 10 per cent and halting operations in one R&D lab at its facility in Rensselaer, New York as “softness” in the domestic market continues beyond its expectations.