Markets & Regulations

Elan cuts jobs, shelves biofacility

Elan cuts jobs, shelves biofacility

By Phil Taylor

Faced with a tougher operating environment, Irish drugmaker Elan has decided to slash staff numbers by 230 – or around 14 per cent of its total workforce – shelve the construction of a new biologics manufacturing facility and shutter fill-and-finish capacity...

Novartis comments on $490m cell-culture vaccine contract

Novartis comments on $490m cell-culture vaccine contract

By Gareth Macdonald

Late last week the US Department of Health and Human Services (HHS) awarded Novartis a $490m contract to continue work on its cell-culture influenza vaccine plant in Holly Springs, North Carolina, US. in-PharmaTechnologist spoke with Novartis spokesman...

Down on the biopharm

Down on the biopharm

By Anna Lewcock

The critical role transgenic animals could play in the future of
biopharmaceutical production has been tackled by a task force in a
new report out this week.

Biopharma causes Cambrex bleed

Biopharma causes Cambrex bleed

By Gregory Roumeliotis

Life sciences firm Cambrex has reported a $140.3m (€116.7m) loss in
Q4 as opposed to a profit of $4.9m in Q4 last year, hit by lower
long-term profitability projections for its Biopharma unit, as
biotech companies seem to lose their...

Investors show faith in Biopure

Investors show faith in Biopure

By Gregory Roumeliotis

Oxygen therapeutics company Biopure has announced another $3
million (€2.5 million) public offering to boost its working
capital, despite its major drug for humans, Hemopure, an artificial
blood product, being licensed only in South...

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