Archives for May 31, 2011

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Ashland to pay $3.2bn for ISP

By Gareth Macdonald

Ashland will buy International Specialty Products (ISP) in a deal designed to expand it's business in less cyclical, high-growth markets such as pharmaceuticals and personal care.

update

GSK signs strategic deal with MaRS innovation

By Gareth Macdonald

UK drug major GSK has entered into a ‘strategic partnership’ with MaRS Innovation, a Canadian group focused on harnessing the commercial potential of the discovery pipelines of 16 top Toronto academic institutions in its network.