Archives for August 10, 2014

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Biotech cash to be a boon for CROs, Parexel says

By Zachary Brennan

As small and medium sized biopharma companies continue to raise cash through IPOs and elsewhere, CROs will see an uptick in outsourced work, Parexel founder, chairman and CEO Joseph von Rickenbach predicted in the company’s earnings call last week.

Ashland expands HPC production at VA plant

By Dan Stanton

Fine chemicals manufacturer Ashland has laid down plans to expand a Klucel hydroxypropylcellulose (HPC) plant in Virginia to meet growing pharma demand.