Companies, technology and environment
French producer of high performance materials and glass containers Saint-Gobain is acquiring energy and chemical major Shell’s share of Avancis, the joint venture formed by the companies to develop th...
Business digest
US pharma major Pfizer and its subsidiary Pharmacia & Upjohn have agreed to pay $2.3bn, the largest ever US healthcare fraud settlement,following a guilty plea to a violation of the Food Drug & Cosmetic Act for misbranding Bextra, the antiinflammatory drug withdrawn from the market by the company in 2005.