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Non Cash Transaction results in ProMetic increasing its holding of common stock from 26% to 77%
08-Oct-2009 - ProMetic Life Sciences Inc. announced that it has finalized its intended transaction with the American Red Cross (ARC) to acquire, in a non-cash transaction, its common stock holding in Pathogen Removal and Diagnostic Technologies Inc. (PRDT). The transaction, originally announced in April ...
08-Oct-2009 - Novartis announced that the company has completed its entire shipment of seasonal influenza vaccine to the United States for the 2009/2010 season. As previously anticipated, the company delivered 27 million doses of Fluvirin® influenza virus vaccine, which has been approved by the U.S. Food and ...
08-Oct-2009 - Galapagos NV announced that it has reached the first milestone in its antibacterials and antivirals alliance with GlaxoSmithKline (GSK). For achieving this milestone, Galapagos receives a €500,000 cash payment from GSK. To date, Galapagos has earned €4 million in payments from GSK under this ...
Merck ranked No. 6 among 575 biotech and pharma employers
07-Oct-2009 - Merck KGaA announced that Science magazine has named it one of the world’s leading biotechnology and pharmaceutical employers. Merck’s ranking improved to No. 6 this year, up from No. 7 in 2008 and No. 17 in 2007. “This is a great honor because the survey by Science sought opinions from people ...
Expands Current Therapy Range and Patient Reach through Acquisition
07-Oct-2009 - ResMed Inc. announced that it has acquired Laboratoires Narval. Based inFrance, Laboratoires Narval manufactures and distributes the Narval O.R.M.(TM), a mandibular repositioning device (MRD) that offers a solution to patients for snoring and obstructive sleep apnea (OSA), especially for those ...
07-Oct-2009 - YM BioSciences Inc. announced it has proposed to merge Cytopia Ltd., a clinical-stage, Melbourne-based drug development company, into YM. Cytopia's lead products are CYT997, a novel vascular disrupting agent (VDA) currently in Phase II trials, and CYT387, a novel, orally-active JAK2 inhibitor ...
07-Oct-2009 - Ablynx announced that it has received an undisclosed milestone payment from Novartis for an exclusive research license in one of the programmes that is a component of their ongoing Research and Development alliance. Novartis and Ablynx are collaborating to discover and develop therapeutic ...
07-Oct-2009 - The utilisation of second-generation bio feedstock, such as agricultural residue, forest residue and black liquor, is currently limited to power generation in combined heat and power (CHP) plants or regeneration units. Second-generation bio feedstock has been extensively researched as a potential ...
06-Oct-2009 - Merck KGaA announced , that the company received the 14th annual IMD - Lombard Odier Global Family Business Award. The IMD - Lombard Odier Global Family Business Award was presented in Amsterdam on the occasion of the 20th summit of the Family Business Network-International (FBN-I). The award ...
New company based in Toulouse
06-Oct-2009 - Werum Software & Systems AG officially opened its new subsidiary Werum Software & Systems SAS in France. The new office is located in Toulouse. Werum is the international supplier of Manufacturing Execution Systems (MES) for the pharmaceutical and biopharmaceutical production of medical drugs. ...
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