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AstraZeneca wins first round in Teva litigation AP
AP - AstraZeneca PLC won the first round of a legal fight over the release of a generic version of its child asthma medication Pulmicort Respules by rival Teva Pharmaceutical Industries Ltd. on Thursday as it also unveiled job cuts in Europe.
2008-11-20 07:00:00
AstraZeneca axes jobs and plants
Anglo-Swedish pharmaceutical giant AstraZeneca says it will cut 1,400 jobs by 2013 and close three European factories in a cost-cutting effort.
2008-11-20 05:26:10
Costa Rica arrests 6 for medicine shipments to US AP
AP - A Costa Rican official says two Americans and four others have been arrested for allegedly sending restricted pharmaceutical drugs to the United States...
2008-11-20 00:00:00
Online startup aims to improve patent quality
A new startup company wants to have a say in the high-stakes patent disputes that loom over many industries. In the drug business...
2008-11-17 21:13:09
India stress the need to increase trade and economic engagement with Belarus
New Delhi, Nov 17 ANI: Minister of State for Industry Dr. Ashwani Kumar stressed upon the need to increase the level of trade and economic engagement between India and Belarus on Monday.He was speaking at the bilateral meeting between him and Rusetsky, Minister of Industries, Republic of Belarus in New Delhi today. Dr. Kumar assured the Belarusian Minister of the Government's full support in strengthening trade and economic engagement with Belarus. He told the visiting Belarusian Minister of India's longstanding relationship with erstwhile Soviet Union and invited Belarusian companies to collaborate with Indian companies. He emphasized on the need to increase the frequency of exchange of business delegations and bilateral interactions between captains of industry from both sides. Rusetsky identified heavy engineering, IT, pharmaceuticals and mining and defence sectors as the focus areas for investment in Belarus. Rusetsky invited Indian companies to actively participate in the privatization process of Belarusian industry. Dr. Ashwani Kumar assured him of government's full support to Indian industry to engage in exploring business possibilities in Belarus. Dr. Kumar informed the visiting Minister that despite the global economic slowdown, Indian companies would continue in their endeavours to establish global footprints. Both the Ministers agreed to boost bilateral economic engagement so as to achieve the target of 500 million dollar of trade between the two countries by 2010. ANI
2008-11-17 10:01:08
Zydus acquires Etna Biotech of Italy
MUMBAI: Pharmaceutical firm Zydus Cadila on Tuesday said it had acquired Italy-based biotechnology firm Etna Biotech for an undisclosed amount. Etna Biotech is focussed on research, development, production and marketing...
2008-11-11 19:16:19
TCM drug suspected of causing liver ills
MORE than 20 cases of liver problems have been reported here in recent months by hemorrhoid suffers taking a traditional Chinese medicine produced by a Sichuan pharmaceutical...
2008-11-00 00:00:00
Hundreds of jobs go at Glaxo site
A Kent pharmaceutical factory will shut with the loss of up to 620 jobs, a multi-national drugs company announces.
2008-11-11 09:05:10
Nigeria: $7 Billion Suit - Pfizer, FG Differ on Out-of-Court Settlement
WORLD big gest pharmaceutical giant, Pfizer said yesterday arrangements were in top gear to reconcile with the Federal Government...
2008-11-11 08:34:11
Nigeria: Govt, Pfizer May Settle Out of Court
The Federal Government and pharmaceutical company, Pfizer, are considering an out-of-court settlement of all litigations arising from a controversial fatal drug test in Kano Government had sued the firm for N890 billion $6.9 billion damages, to which Pfizer responded with a suit to nullify an indicting investigative report.
2008-11-11 08:35:11