Business Digest
Sarah Muehlmann Japan’s research-based pharmaceutical company Takeda has acquired US Millennium Pharmaceutical for $25.00 per share, or $8.8bn. Through this transaction, Takeda has become the ful...
Business Digest
Sarah Muehlmann German chemical company BASF and Harvard University in the US have officially launched The Research Initiative, which allows BASF researchers and students to exchange scientific f...
Business Digest
Neil Eisberg UK chemicals and petrochemicals group Ineos is acquiring BP’s vinyl acetate monomer (VAM) and ethyl acetate (EtAc) including the 500 000 t/yr Saltend facility near Hull, UK, and the Tees...
Petchems suffer from oil price hikes
The overall trend in performance for petrochemical and bulk polymer producers is downwards, although given the massive increase in oil prices since the beginning of 2007, the decrease is not generally...
Companies, technology & environment
Neil Eisberg US headquartered drug development services company Covance is discontinuing plans for a 50:50 joint venture with WuXi Pharmatech to provide preclinical contract research services in Ch...