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Avantor ends IBM lawsuit over software dispute
Avantor Performance Materials, headquartered in Upper Saucon Township, has settled a lawsuit against IBM over a software problem that brought its operations to a near standstill. The suit, filed in federal court in Newark in November, alleged IBM...Tags: IBM, Software Industry, Biotechnology Industry, Corporate Crime, Chemical Industry
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Sanofi, struggling in wake of patent expirations, abandons development of 2 new drugs
PARIS (AP) — Drugmaker Sanofi is abandoning two drugs in the late stages of development after trials revealed they weren't more effective than other therapies. One drug, iniparib, was given to lung cancer patients in combination with chemotherapy...Tags: Health Treatments, Patents, Copyrights and Trademarks, Lung Cancer, Heparin (drug), Drugs and Medicines
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Synta drug shown to extend lives of certain lung cancer patients
ReutersCHICAGO, June 3 (Reuters) - A drug designed to block a protein known to help cancer cells grow was shown in a mid-stage trial to lengthen survival in patients with advanced lung cancer that worsened after initial treatment, researchers said on Monday....Tags: Health Treatments, Lung Cancer, Oncology, Medical Research, Chemotherapy
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Roche's Avastin extends life in advanced cervical cancer
ReutersBy Bill Berkrot June 3 (Reuters) - Roche Holding AG's drug Avastin helped prolong the lives of women with advanced cervical cancer when added to chemotherapy in a late-stage clinical trial, likely paving the way to another major use for the multibillion-...Tags: Roche Holding AG, Health Treatments, Bevacizumab (drug), Oncology, Drugs and Medicines
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China punishes two brokerages in IPO fraud crackdown
ReutersBEIJING, June 1 (Reuters) - China's securities watchdog has punished two brokerages for violating rules in helping fraudulent firms to list shares, underlining Beijing's determination to bring credibility to a stock market some have likened to a casino....Tags: Initial Public Offerings, Technology, Stock Market, Biotechnology Industry, Chemical Industry
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Merck KGaA's Erbitux beats Avastin in bowel cancer trial
ReutersFRANKFURT, June 1 (Reuters) - Merck KGaA's cancer drug Erbitux was shown to be more effective at prolonging the lives of bowel cancer patients than Roche's Avastin, Merck said. In a drug trial, the two drugs were each given in combination with Folfiri...Tags: Medical Specialization, Bevacizumab (drug), Merck & Company Incorporated, Bristol Myers Squibb Company, Medical Research
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Monsanto backing away from GMO crops in Europe
ReutersMay 31 (Reuters) - Monsanto Co is not pushing for expansion of genetically modified crops in most of Europe as opposition to its biotech seeds in many countries remains high, company officials said on Friday. European officials for the St. Louis,...Tags: Lobbying, Politics, U.S. Department of Agriculture, Genetic Engineering, Biotechnology Industry
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Pasadena Bioscience Collaborative blooms
A new facility dedicated to fostering the biotechnology industry is already half full in Pasadena, signaling continued expansion in local biological and chemical research. The Pasadena Bioscience Collaborative, a nonprofit biotechnology incubator,...
Tags: Technology, Biotechnology Industry, Rental Service, New Products, Science
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Monsanto and Malloy: Big Foods Wins a Compromise on GMOs
If you were to come up with a lobbying Dream Team to defend genetically modified organisms (GMOs) against hordes of foodie reformers, it would probably look a lot like the one that's been operating for months at our state Capitol. And apparently...Tags: Connecticut United for Research Excellence, Lobbying, Politics, Genetic Engineering, Essex (Middlesex, Connecticut)
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ANALYSIS-SAC insider-trading probe could last years
ReutersBy Emily Flitter NEW YORK, June 6 (Reuters) - The conventional wisdom on Wall Street is the clock is running out for U.S. prosecutors to make a case against billionaire trader Steven A. Cohen and his hedge fund SAC Capital Advisors after years of...Tags: Lawyers, Weight Watchers International Incorporated, SAC Capital Advisors, Biotechnology Industry, Elan Corporation Plc
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Amgen to make move into Japan, takes on Astellas as partner
Reuters* Amgen, Astellas to form joint venture for Japan * To collaborate on 5 drugs in Amgen pipeline * Sees first commercial launch of new drug in Japan in 2016 May 29 (Reuters) - Amgen Inc, the world's largest biotechnology company, said it entered into...Tags: Biotechnology Industry, Osteoporosis, Japan, Hodgkin's Lymphoma, Leukemia
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FACTBOX-U.S. biotech shares outpace broader stock market
ReutersMay 28 (Reuters) - Shares of biotechnology companies have outrun a bull market for U.S. stocks, rising nearly 50 percent over the past 12 months as investors look for new growth stories. Investors' enthusiasm, despite the inherent risk of drug...Tags: Vertex Pharmaceuticals Incorporated, Schizophrenia, Gilead Sciences Inc., Biotechnology Industry, Lipitor (drug)
Jun 3, 2013
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May 28, 2013
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May 28, 2013
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