Business news – Page 91
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BusinessMis-selling lands J&J with $2.2bn fine
Company found guilty of promoting three drugs for unapproved uses
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Business
Japanese chemicals show signs of recovery
Reconstruction after 2011 disaster drives higher demand
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Business
Novartis to shut Horsham site
UK research centre closure to result in the loss of 371 jobs as firm consolidates its global R&D base
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Business
Air Products looks for alternative helium sources
Concerns over supplies lead to plan to extract the gas from carbon dioxide sinks
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OpinionNatural born chemists
Redesigning nature’s catalysts is tantalising but tricky, says Derek Lowe
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Business
Vertex to cut 370 jobs
Imminent competition drives drop in its hepatitis C drug’s performance
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Business
DuPont expands Chinese site
Chemical firm’s Shanghai based R&D centre will grow by 17,500 square metres and house 150 more researchers
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Business
GSK forms Brazilian sustainable chemistry venture
Agreement with research organisation will launch centre for greener, cleaner drug production
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BusinessIneos reprieves Grangemouth petrochemicals
Closure reversed after labour reforms and government backing for ethane terminal agreed
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Business
AstraZeneca to close environmental lab and cut 71 jobs
Environmental impact services will be outsourced after Devon lab closes in March 2014
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BusinessPharma manufacturing woes dog industry
Regulators are stepping up inspections, and discovering ever more problems
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Business
BASF to move pigments production to Asia
Firm will cut 650 jobs, close UK plant and expand in China and Korea
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Business
Counterfeit anxiety pills seized in Switzerland
1 million fake tablets were en route from China to Egypt
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Business
Roche backs biologics boom
Swiss firm to invest heavily in manufacturing for complex biological drugs
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BusinessIneos raises axe over Grangemouth petrochemicals
Facility set to close without pension reforms and government help to fund ethane shipping terminal
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Business
Solvay expands surfactants business with Chemlogics buyout
$1.3bn deal brings firm into booming US oil and gas drilling market
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BusinessGSK to apply for malaria vaccine approval
Infection protection drops over time, but the firm will go ahead with regulatory submission