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Shire to Acquire Fibrotech for $75M Plus Milestones
Friday, May 02, 2014
Shire has agreed to purchase Fibrotech for an upfront payment of $75M and certain contingent payments based on the achievement of development and regulatory milestones.

AstraZeneca Board Rejects Pfizer Proposal
Friday, May 02, 2014
The financial and other terms of the proposal have been described as inadequate, substantially undervaluing AstraZeneca.

WuXi Breaks Ground on New Cell Therapy Manufacturing Facility
Thursday, May 01, 2014
The facility in Philadelphia is expected to become operational in the second quarter of 2015.

Bristol-Myers Squibb Acquires iPierian
Thursday, May 01, 2014
B-MS acquires iPierian, a privately held biotechnology company focused on the discovery and development of new treatments for Tauopathies, for $175M.

Lonely Bacteria are More Likely to Become Antibiotic-resistant
Wednesday, April 30, 2014
Scientists from the University of Manchester have discovered that microbes in smaller groups are more likely to mutate, resulting in higher rates of antibiotic resistance.

ISPE Announces Development of New Drug Shortages Prevention Plan
Tuesday, April 29, 2014
Drug Shortages Prevention Plan for the pharmaceutical and biopharmaceutical industry.

Pfizer Confirms Interest in AstraZeneca
Monday, April 28, 2014
Pfizer submitted a preliminary, non-binding indication of interest to the board of directors of AZ in January 2014 regarding a possible merger transaction.

Sartorius Stedim Acquires Majority Stake in AllPure Technologies
Monday, April 28, 2014
Takeover extends Sartorius Stedim Biotech portfolio for single-use bioprocessing.

Crown Bioscience, SNBL Enter Strategic Partnership
Friday, April 25, 2014
Initial focus of agreement will see Shin Nippon Biomedical Laboratories promote Crown's services to its Japanese client base.

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