Pharma Business - May 5, 2015
Novo Opening New Facility
Novo Nordisk broke ground May 4 on a new 7,500 m2 manufacturing facility in Kalundborg, Denmark. The company is investing 1.5 billion Danish kroner in the facility, which will produce active pharmaceutical ingredients for NovoSeven®and future products for treating hemophilia. The investment is estimated to create 100 new production and engineering jobs in Kalundborg, where […]
Collaboration - May 4, 2015
Recipharm, Follicum Ink Pact
Recipharm has signed an agreement of cooperation with Follicum AB prior to a clinical trial for the drug candidate FOL-005th, which is being developed to stimulate or inhibit hair growth for both men and women, without side effects. Recipharm has been commissioned to formulate and produce the product that will be used in the clinical […]
Biotech Business - May 3, 2015
Active to Lay Off 47 Workers
A month after Swedish company Active Biotech AB reported that its Phase III trial of 10TASQ10 in castration-resistant prostate cancer reached its primary endpoint but did not increase peoples’ overall survival, the company announced plans to lay off 47 people. Active Biotech and French company Ipsen collaborated on the study of 10TASQ10 (tasquinimod). While the drug reduced the risk of radiographic cancer […]
Uncategorized - May 2, 2015
Polio Survivors Back Vaccines
Some Norwegian survivors of polio are critical of parents who don’t vaccinate their children against polio and other diseases, saying they are naiive and put other people at risk. While those who oppose vaccinations say they fear the possible side effects to childern, that fear has no basis in fact, according to a Danish study. The […]
In a new job - May 1, 2015
Novo Nordisk Exec Resigns
Novo Nordisk’s top executive candidate and current company president Kåre Schultz abruptly resigned after spending 26 years at the company. Jakob Riis, executive vice president for the company’s operations in China, Pacific and Marketing, is considered the most likely successor to exiting CEO Lars Rebien Soerensen. The search for a new CEO will continue. Soerensen […]
Uncategorized - May 1, 2015
Babies Focus of Brain Research
Researchers at the Developmental Neuroscience Laboratory at the Norwegian University of Science and Technology are trying to understand the underlying processes that control neurological development by studying infants. The tests are performed using electroencephalography (EEG), which is a recording system that uses voltage fluctuations along the scalp to record the brain’s spontaneous electrical activity. Researchers […]
