News

GSK to cut 120 jobs at Australian facility

GlaxoSmithKline is intending to close the tablet packaging section of its operations at the firm’s Boronia site in Melbourne, Australia as part of “a business transformation”.

Pfizer drug fails in Phase III NHL trial

Pfizer’s bid to expand its oncology portfolio has suffered a setback with the news that the drugs giant has halted a late-stage trial of inotuzumab ozogamicin in patients with an aggressive form of non-Hodgkin’s lymphoma due to futility.

PRA mulls initial public offering

Hard on the heels of Quintiles’ successful return to public ownership, US-based contract research organisation (CRO) PRA International is sounding out prospects for its own initial public offering (IPO) of common stock.

Royalty ups bid as Elan unveils acquisitions

Just as Elan Corp announced a range of transactions “designed to decisively transform and advance the company”, long-time suitor Royalty Pharma has popped up again and raised its bid to acquire the Irish drugmaker.

Cell Therapy Catapult releases preclinical database

The Cell Therapy (CT) Catapult, set up at Guy’s Hospital in London as a centre of translational excellence for regenerative medicine in the UK, has now published its database of ongoing preclinical research.