US biotech major Genentech has reported a 13% increase in Q4 US product sales to reach $2.5bn, with its full year sales reaching $9.5bn, up 11%
US pharma major Pfizer has completed its acquisition of Wyeth following the receipt of regulatory approval from all relevant government authorities and Wyeth shareholders. Wyeth ceased trading as a se...
US chemicals concern Solutia is selling its nylon business to an affiliate of New York private equity firm SK Capital Partners for $50m in cash and a 2% equity stake in the new company formed to hold ...
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Neil Eisberg UK pharma major GlaxoSmithKline(GSK) has acquired US dermatology specialist Stiefel Laboratories, basedin Coral Gables, Florida, for $2.9m withthe assumption of $400m of debt when the dea...
Neil Eisberg German pharma and speciality chemicals major Merck reported a 5.4% increase in its Q4 2008 revenues to €1.9bn, with a 7.1% increase to a record €7.6bn for the full year, compared with...
The US Federal Trade Commission has intervened in the 2007 acquisition of the oxidate assets of The Lockhart Company by Lubrizol, which it contends violated antitrust laws and lessened competition in ...