Archives for February 1, 2011

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Bayer buys into India with Zydus JV

By Staff Reporter

German drugmaker Bayer has set its sights on expanding in the Indian drug market with the formation of a new joint venture with Zydus Cadila.

Parexel sees Q2 revenue grow, but cuts 2011 outlook

By Gareth Macdonald

US contract research organisation (CRO) Parexel has cut its 2011 guidance, citing slower backlog conversion from projects generated by “strategic partnerships” as basis for the revision.