Acquisition - May 22, 2013
Actavis in billion dollar deal
Generic drug maker Actavis Inc recently announced the purchase of specialty pharmaceutical company Warner Chilcott Plc. Under the agreement, Actavis will acquire Warner Chilcott in a stock-for-stock transaction valued at approximately $8.5 billion. If successfully completed, the transaction will create a global specialty pharmaceutical company with approximately $11 billion in combined annual revenue, states Actavis […]
Pharma article - May 19, 2013
Taking a new path?
Over the last few years the field of gene therapy has been a domain of controversies and security issues. But the recent approval of a gene therapy treatment in Europe could be a sign that the technology is heading in a new direction. In the autumn of 2012 the European Medicines Agency Committee for Medicinal […]
Biotech Award - May 17, 2013
Nanologica nanotech company of the year
Swedish biotech company Nanologica has been awarded with the title Nanotech Company of the year. Nanologica received the award during SwedNanoTech’s Nano Forum in Stockholm. The event was held on Wednesday May 15. The jury’s motivation for selecting Nanologica to receive the award reads: “A company with roots in Swedish university research, with a clear mission and […]
MedTech Business - May 16, 2013
RaySearch enters US market
Swedish RaySearch Laboratories has received clearance from the FDA for RayStation 3.5 meaning that the new features can be marketed in the US. RaySearch Laboratories is a medical technology company founded in 2000 as a spin-off from Karolinska Institutet in Stockholm. The company is listed in the Small Cap segment on NASDAQ OMX Stockholm and develops advanced software […]
Intellectual Property - May 15, 2013
US Supreme Court decides on human genes patent
Can human genes be patented? This question is currently being investigated by the United States Supreme Court. The decision concerns considering a challenge to patents held by biotechnology company, Myriad Genetics Inc., on two genes that can signal if a woman faces greater risk of developing breast cancer or ovarian cancer. The Supreme Court will […]
Careers article - May 9, 2013
The ABC of CEOs
Regardless of what type of business you’re running, as a CEO you are the key figure in your company. On his or her shoulders lies the responsibility of developing the enterprise and leading the co-workers forward. Acquiring the right tools and qualities vital for good leadership is of crucial importance to any CEO running a […]
