Whoever says you can’t throw money at problems hasn’t spent much time following the Big Pharma sector this year. More than $160 billion worth of buyouts involving top drugmakers has already been inked in 2009. The list of blockbuster deals includes... (Continue reading)
Swiss pharmaceutical giants Roche and Novartis are spending millions of dollars in an effort to influence United States politicians tackling health care reform. The companies are among the top ten drug manufacturers lobbying the White House and Congress, having spent upwards... (Continue reading)
Informatik der beiden Sparten Pharma und Diagnostika wird zusammengelegt. Umfang des Stellenabbaus noch unklar. Wie die ‘SonntagsZeitung’ gestern berichtete, plant der Basler Pharma-Riese Roche die Zusammenlegung der IT-Bereiche der beiden Divisionen Pharma und Diagnostika. Der Entscheid ist im September gefällt worden.... (Continue reading)
Dozens of companies are trying to leverage social networking and other software tools to accelerate trials and reduce their cost. Enrolling patients in clinical trials is a perennial challenge for sponsors. One-third of trial sites fail to recruit a single patient... (Continue reading)
Stamford Consultants is an official partner of the 2009 PhUSE Conference. The 2009 conference will be held in Basel Switzerland between the 19th – 21st October. There is pre-conference training being held from 2pm on Sunday 18th October. PhUSE (Pharmaceutical... (Continue reading)
Big pharmaceutical firms are learning to love their erstwhile enemies, makers of generic drugs. ONE recent evening, the most powerful man in the world posed an existential question to those around him. “If there’s a blue pill and a red pill,... (Continue reading)
Money for startup biotechs sure is hard to come by in this economy. And that means more companies are being forced to consider being acquired in order to survive and bring their products to market. “Fairly new companies, particularly those in... (Continue reading)
People wrestling with the challenges of digital marketing in the pharmaceutical world have realized there is no one-size-fits-all approach to success. Those who do it well have realized that each product’s audience has unique characteristics that require a specifically targeted... (Continue reading)
The growth of personalised medicine, which aims to better target treatments to patients, is expected to increase the number of alliances between diagnostic and pharmaceutical businesses, according to a new PricewaterhouseCoopers (PwC) report entitled Diagnostics 2009: Moving towards personalised medicine. This... (Continue reading)
Nothing ventured, nothing gained is a popular Spanish proverb elucidating that taking risk is a prerequisite for expecting any higher return. Unfortunately, that’s not always the case in the world of investing. At times, investors invest in companies which have... (Continue reading)
Since Q4 2007, research spending in the U.S. has dropped 4 percent–or $1.9 billion. But report in BusinessWeek today lists 25 major U.S. corporations that, despite the economic downturn, have boosted R&D spending significantly in 2009. Of those 25, 13 were biotech and pharmaceutical companies,... (Continue reading)
The U.S. biotechnology industry includes about 1,000 companies, of all sizes, with combined annual revenues close to $50 billion. Large companies include Amgen, Biogen Idec, Genetech, Genzyme, Life Technologies and Monsanto. Because so many drugs are now developed using biotechnology,... (Continue reading)
Canadian contractor Patheon has welcomed the $460m (€321m) takeover offer from Switzerland’s Lonza that could, according to some observers, spark a bidding war with rival suitor, US group JLL Patheon Holdings. Lonza’s bid, reported by Outsourcing-pharma on Friday, betters the unsolicited... (Continue reading)
Nycomed reports sustained momentum in the second quarter 2009, with total net turnover increasing by 0.5% to €786.9 million excluding the impact of the Sepracor execution payment received in the first half of 2008. This performance is driven by Nycomed’s... (Continue reading)
A handful of local life sciences companies have sprung to life over the past several months, in spite of a venture capital landscape that has sometimes looked windswept and barren. “The pace of deals is slower, but investors still have to... (Continue reading)
Sticky or stuck? How the industry can overcome its reservations of social networking and forge new more open online relations with doctors. The 60’s philosopher and communications guru Marshall McLuhan said, “the medium is the message” and certainly the current buzz around... (Continue reading)
The global economic crisis has got most businesses pinching pennies just to stay afloat, and the drug development industry is no exception. But at least one area of the biotechnology sector — contract research organizations (CROs) — is on the... (Continue reading)
In 2003, Renee Commerford was approaching the end of her second postdoctoral appointment and staring out at an uncertain career in diabetes research. She had cast a broad net looking for a permanent job and had received offers from government... (Continue reading)
GlaxoSmithKline has started a blog, becoming only the fourth* major drug company to launch an official unofficial voice on the web. The world of drug company blogs is a placid, uneventful place. According to John Mack’s PageFlakes site, where he collates... (Continue reading)