Chemical industry – Page 76
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Business
EU recommends Parkinson’s drug for approval
First new molecule for a decade, but Alzheimer’s still posing challenges as antibody treatment withdrawn from trials
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Business
EU chemicals regulator scolded over animal testing
Ombudsman says ECHA isn’t doing enough to require alternative, non-animal methods
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Business
Consumer products firms fined for French price fixing
€950m fines for ‘friends clubs’ that pushed up prices for home and personal care products
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Business
Freedom Industries’ president arrested for fraud
Executive whose company leaked MCHM into West Virginian water supplies is charged with lying to deflect blame
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BusinessMerck & Co to buy antibiotics specialist Cubist
Pharma giant remains committed to $9.5bn deal despite key Cubist patents being invalidated by court ruling
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BusinessSolving iron’s solubility problem
Technology profile: MRC Human Nutrition Research - anaemia supplements with fewer side effects
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Business
Saint-Gobain surprises Sika with buyout bid
Company is buying out family-owned controlling stake, but Sika claims the deal will create a conflict of interest
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Business
Big pharma opens up abandoned drugs
Seven firms will make 68 stalled compounds available for academic research
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Business
Huntsman looks to cut jobs and titania capacity
900 employees face axe as firm evaluates titanium dioxide options
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BusinessGSK cuts US jobs in push for savings
Research Triangle Park site bears the brunt as drugmaker consolidates research in Philadelphia and Stevenage, UK
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Business
Otsuka to buy neurology specialist Avanir
$3.5bn deal adds to Otsuka’s mental health portfolio and strengthens its US presence
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BusinessCystic Fibrosis Foundation sells drug royalty rights for $3.3bn
‘Venture philanthropy’ model pays off with massive cash injection for charity
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Business
DuPont quantifies scale of deadly chemical leak
10.4 tonnes of methyl mercaptan were released in La Porte, US
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OpinionProgress at the pace of the slowest
Chemistry is rarely the rate-limiting process in getting a drug to market, says Derek Lowe
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Business
UCB sells speciality generics subsidiary
Firm will use $1.5bn proceeds to reduce debt and concentrate on developing new drugs in neurology and immunology
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Business
Syngenta to cut or relocate 1800 jobs in 2015
Global reorganisation plan will involve ‘consolidation’ of R&D facilities
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BusinessActavis rescues Allergan with $66 billion deal
Deal ends takeover fight with Valeant – but Actavis must still be ‘fairly ruthless’ to justify the high price
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Business
Ranbaxy sues over withdrawn US approvals
Company says decision is ‘unconstitutional’ and deprives it of hundreds of millions of dollars in revenue
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BusinessMethyl mercaptan leak kills four workers
Cause of accident at US DuPont plant is still under investigation
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BusinessRussian sanctions hurt chemical industry
Equipment imports and modernisation hampered by extra administrative burden