Prosonix has licensed Rafael's ultrasonic particle engineering technology. Prosonix has already demonstrated the technology, in combination with its ultrasound reactors, on a range of APIs and excipients.
In-Pharma Technologist
Thursday, 31 January 2008
Prosonix licenses Rafael ultrasound technology
Wednesday, 30 January 2008
NPIL adds high potency suite
NPIL Pharma is adding a sixth high potency substances production suite for manufacturing antibody drug conjugates at its Grangemouth, Scotland facility. The $270,000 cGMP facility has a capacity of 50kg/year and is due on stream in Q1 2008.
NPIL Pharma
Tuesday, 29 January 2008
Codexis launches metabolite tool
Codexis has launched a research productivity tool which can more rapidly identify and synthesise drug metabolites and novel drug lead candidates.
Codexis
13 years for FDA
According to a US Government Accountability Office report the FDA would take 13 years to inspect all foreign drug manufacturing facilities at current rates.
New York Times
Up and down for Albemarle
Albemarle's Q4 2007 fine chemicals sales decreases 20% to $131.1m, primarily due to reduced revenue from clear brines volumes and the absence of revenue from manufacturing intermediates for Tamiflu in 2006. However, full year fine chemicals income rose 40% to $86.9m.
Forbes
Monday, 28 January 2008
Shasun establishes US facility
Shasun Pharma Services is setting up a process development facility in Piscataway, NJ. The facility will provide API development services. The plant will be operational from April and reach full capacity from October 2009.
Forbes
Friday, 25 January 2008
FDA confirms overseas plans
The FDA plans to base inspectors in nations like India and China and regions like Central and South America and the Middle East as it strives to improving the quality of the food and medicines increasingly flowing to the US. The agency’s commissioner, Dr Andrew von Eschenbach, said that he wanted the agency’s presence abroad to be on an 'ongoing and continuous basis rather than episodic and periodic'.
New York Times
Dishman looks for growth and Euro acquisition
Dishman Pharma is looking at a minimum growth of 30% in the next 2-3 years, according to managing director, JR Vyas. The company will close its $25m acquisition of a European contract manufacturer in mid-February.
India Earnings
Thursday, 24 January 2008
Codexis goes east
Codexis has established its second research facility in Europe. The facility, in Budapest, will focus on fermentation strain development and process technology.
Codexis
Wednesday, 23 January 2008
Lonza profits up, acquisitions possible
Lonza saw income grow 51% to SFr301m and EBIT 36 % to SFr408m in 2007. Chief executive, Stefan Borgas, said the company would continue to make smaller acquisitions and would rather plough back any extra cash into its business than return money to shareholders.
Swiss Info
Reuters
Tuesday, 22 January 2008
Extinction for drugs
More than 10,000 species of medicinal plants face extinction, including many used in prescription drugs that cannot be commercially synthesised. Around 50% of prescription drugs are based on palnt-derived molecules. For many of these no synthetic process has been developed.
Financial Times
Monday, 21 January 2008
FDA's passage to India
The US Food and Drug Administration is considering establishing a presence in India as a result of the increasing ties with the US pharma industry.
In-Pharma Technologist
Saturday, 19 January 2008
Another Pfizer sale
Actavis will acquire Pfizer's Nerviano, Italy, oncology product manufacturing site. Following the acquisition, Actavis will supply oncology products to Pfizer.
Actavis
Friday, 18 January 2008
BASF appoints Ruchatz
Dr Folker Ruchatz has been appointed as head of BASF's custom synthesis business and managing director of BASF Orgamol Pharma Solutions SA.
BASF
Cobra slithers into the red
Cobra Biomanufacturing reported a pre-tax loss of £1.9m in the year to end September 2007, having made a profit the previous year. Additionally, chief executive David Thatcher has stepped down and Simon Saxby has joined as chief operating officer.
Sharecast
Codexis goes Green
Codexis has appointed Nick Green as the president of its pharmaceuticals division.
San Jose Business Journal
Thursday, 17 January 2008
EC investigates big pharma
The European Commission has launched an investigation into the European pharmaceutical sector. Many companies were raided in teh past two days to investigate whether there was any evidence of foul-play hampering the launch of new medicines on the market.
Lab Technologist
Wednesday, 16 January 2008
More outsourcing expected
A report from IDC Health suggests the life sciences industry will see much more outsourcing in 2008 as part of a cost-cutting drive. Singapore is expected to lead India and China as the ideal place for outsourcing.
Birmingham Business Journal
Tuesday, 15 January 2008
FDA to send staff overseas
The US Food and Drug Administration is planning to send more staff overseas to perform inspections and foster relationships with foreign government counterparts and industry.
Medical Devices Today
SAFC invests in biologics
SAFC is investing $12m in its viral product manufacturing facility in Carlsbad, California. Due to be operational in H2 2009, the two fully segregated state-of-the-art manufacturing suites will add 800m2 of manufacturing space and utilise disposable technologies.
In-Pharma Technologist
Monday, 14 January 2008
Investors shun pharma
Despite the pharma pipeline having more than 50% more potential therapies than 10 years ago, investors remain cautious of the pharma sector, which showed just 1.7% return last year.
PM Live
Saturday, 12 January 2008
Euro pharma squeezed
Standard & Poor's reports that the European pharmaceutical industry is looking to improve its new product flow in 2008. Not only do companies face the challenge of low R&D output but also increasing competition from generics as more products lose patent protection.
Business Week
Friday, 11 January 2008
Saltigo goes west
Lanxess subsidiary, Saltigo, has established a facility on the US west coast. The site, which was previously owned by Icos Corporation includes offices and laboratories alongside cGMP standard kilo lab and pilot plant API manufacturing facilities.
Saltigo
Thursday, 10 January 2008
Teva invests
Teva is undertaking a $1bn expansion programme in India. Initially, the company plans to use $250m-$300m to build new generic ingredients manufacturing facilities. The first of these is a large API manufacturing facility Gwalior, Madhya Pradesh.
In-Pharma Technologist
Wednesday, 9 January 2008
Tuesday, 8 January 2008
Friday, 4 January 2008
Marketing spend double R&D
Big pharma spends almost twice as much on marketing than on R&D according to a study published in PLoS Medicine. In 2004, US drug companies spent $57.5n on promotion in the US and $31.5bn on R&D.
CBC
Fewer approvals
The FDA approved the fewest new drugs in 2007 than any year since 1983. Last year the FDA approved 16 NMEs and two biologics, the lowest total since 1983 when it approved 14 NMEs.
In Vivo
Wednesday, 2 January 2008
Big Pharma sells - part two
PRWT Services has acquired Merck's Riverside, Pennsylvania manufacturing facility. PRWT has entered into a five-year supply agreement with Merck valued at $100-200m/year.
Reuters