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GSK to harness Formula 1 technology
GlaxoSmithKline (GSK) is looking to race car technology as it seeks to improve its manufacturing, R&D and consumer-healthcare areas. The company has formed a long-term partnership with the UK-based McLaren Group, which is best known for its expertise in the Formula 1 motor sport. More... |
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Obama to ban "pay-to-delay"
President Obama’s deficit plan includes several potentially painful provisions for pharma, including a ban on pay-to-delay strategies and evergreening, and a reduction of the exclusivity period for biologics. More... |
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Pfizer and Alkermes to boost Irish manufacturing
Ireland has received a double dose of fortune from pharma; in separate deals, Pfizer will invest in its Grange Castle manufacturing facilities, and Alkermes will begin a multiyear, multimillion manufacturing supply agreement. More... |
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GE Healthcare to invest $1 billion in Oncology
GE Healthcare intends to dedicate $1 billion of its total R&D budget during the next five years to its technologies for biopharmaceuticals and cancer research.
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Novartis updates on strategies and achievements
Novartis has presented an update on its long-term strategy, performance and growth outlook, and highlighted some of its main achievements in the last 18 months, such as its double-digit sales growth, which has been attributed to new products and the integration of eye-care company Alcon.
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