All Business articles – Page 24
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Business
Eli Lilly to cut 3500 jobs
Company will close sites in US and China, and provide incentives for early retirement
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Business
Asia’s age of regulation
Safety legislation and data sharing in Asia is making progress but highlights a global challenge
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Business
EU investigates Bayer’s Monsanto takeover plan
Commission raises concerns over reduced competition across pesticide and seed markets
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Business
Hurricane hammers US chemical industry
Petrochemical sites along Houston’s seaboard are offline, and flooding has caused explosions at an Arkema facility
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Business
Mexichem to buy Netafim in $1.5bn deal
Takeover brings Netafim’s smart irrigation technology that could be applied across other markets
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Business
US firm fined for mishandling ammonia
Demakes will pay $130,000 to settle violations and has spent $300,000 upgrading systems
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Business
Mylan settles Epipen overcharging allegations
Company will pay US Department of Justice $465m for avoiding paying rebates to government healthcare systems
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Business
Airgas fined for fatal nitrogen leak at US sperm bank
$300,000 penalty for leak caused by over-pressurisation after Airgas failed to update tank safety label
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Business
Chemical and pharma bosses quit US manufacturing council
President Trump disbands the group after multiple advisers resign in protest against his stance on racism
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Business
US court denies Amgen appeal over Pfizer biosimilar
Amgen has lost its bid to compel Pfizer to divulge information about its version of anaemia drug Epogen
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Business
Chemical companies urged to update cyber defences
Outdated technology is leaving chemical, energy and petrochemical facilities vulnerable to ransomware attacks
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Business
Roche offloads majority of rights to lebrikizumab
Deal with Dermira could be worth well over $1 billion
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Business
Carbon capture from air goes commercial
Companies hope to produce pure carbon dioxide straight from the atmosphere
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Business
Bristol-Myers Squibb bags immunotherapy unicorn
Deal will add to pharma giant’s cancer portfolio
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Business
GSK stops over 30 research programmes to prioritise innovation
New boss Emma Walmsley outlines sweeping changes in order to focus on high-return drug projects
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Business
Genesis Energy to buy alkali business from Tronox
Tronox to spend proceeds on Cristal purchase
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Business
Israeli company Haifa Chemicals shuttered
Lack of ammonia storage facility leads to colossal losses
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Business
Celgene pays $280m to settle off-label marketing lawsuit
Whistleblower case relating to cancer prescriptions
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Business
Midwest Fertilizer to build $2.8bn manufacturing plant
Domestic facility will reduce imports