Business news – Page 91
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Business
Two new ‘personalised’ cancer drugs approved
Suitable patients for GSK’s melanoma treatments must be identified using an accompanying genetic test
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Business
Carbon capture and storage labelled ‘farcical’
Advocacy group report highlights failings in European policy over carbon emissions
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Business
Industry applauds US chemical reform bill
Trade groups call the bipartisan bill an effective compromise, but environmental groups say it is too weak
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Business
Waste CO2-derived plastic hits tonne scale
Novomer turns emissions from ammonia plant into polymers
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Opinion
Compulsory licences: necessity or threat?
Are compulsory licences for patent-protected drugs a necessary measure, or a threat to innovation?
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Business
$500m fine over generics fraud for Ranbaxy
Company has pleaded guilty to fabricating data and producing substandard drugs
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Business
GSK partners Save the Children for Africa project
Company and charity will work together to provide medicines for the developing world
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Business
Carbon nanotubes not commercially viable for Bayer
Company terminates Baytubes project and seeks to divest its know-how in the area
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Business
Clinical trial data release blocked by companies
Abbvie and Intermune sue the European Medicines Agency to stop it making data public
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Business
Buy Viagra online - direct from the manufacturer
Pfizer launches website for mail order erectile dysfunction drug prescriptions
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Business
AstraZeneca site to become biotech hub
As AZ leaves, Alderley Park will become an incubator for small companies
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Business
Judge reverses jury decision over $6.5m Takeda payout
Not enough evidence to link diabetes drug to bladder cancer, the company claims
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Business
Appeal reverses ECHA call for animal tests
Automotive refrigerant will not need further toxicity studies under the Reach regulation
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Business
Bayer buys Conceptus for $1.1bn
Deal gives German pharma giant access to surgery-free permanent birth control procedure
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Business
Portable detector shines light on fake drugs
Testing for counterfeit antimalarials in Africa will help validate a new tool for inspectors
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Business
US sues Novartis over alleged kickbacks
Company fraudulently paid pharmacies to switch patients onto its drugs, government claims
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Business
Ireland picks preferred drugs
Using the cheapest of equivalent options could save healthcare providers millions
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Business
1050 jobs shed in Sabic restructuring
Cuts will be spread across European operations, but the Netherlands and UK take the brunt
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Business
Objections raised to GSK pay-for-delay deals
The UK Office of Fair Trading believes deals to delay generic drugs infringed competition laws
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Business
Thermo Fisher to buy Life Technologies in $15.8bn deal
Equipment suppliers unite, bringing Thermo into life sciences and sequencing markets