AbbVie Inc. topped Wall Street expectations in its first three months as a standalone company. On Jan. 1 Abbott Laboratories completed the spinoff of AbbVie, which markets the company's branded prescription drugs, including the blockbuster anti-inflammatory drug Humira.
Cognex Corp. announced the latest version of the In-Sight track & trace identification and data verification solution for healthcare serialization. This version address additional requirements for pharmaceutical and medical device manufacturers to achieve unit-level product traceability.
RainDance Technologies Inc. announced a service partner program for its growing base of research customers who are developing next-generation sequencing-based genetic testing panels to identify and characterize inherited diseases, cancers, and other human health conditions in research projects.
A range of chillers from PolyScience provide up to 1290 watts of cooling at 20°C, making them ideal for use with rotary evaporators, jacketed incubators, small reaction vessels, spectrophotometers, chromatography columns, condensers, and other devices that require robust heat removal.
A panel that advises the European Medicines Agency recommended that Avanir Pharmaceuticals' Nuedexta be approved as a treatment for pseudobulbar affect. The drug is already approved in the U.S. Being able to sell the drug in Europe would likely increase Avanir's revenues.
Pfizer Inc. said that the European Union's committee of medical experts has rejected the company's drug Xeljanz for patients with rheumatoid arthritis. The European Medicines Agency committee recommended against approving the drug because its benefits did not sufficiently outweigh its risks.
Johnson & Johnson shareholders took the health care giant to task during its annual meeting, citing repeated product recalls, ethical lapses and excessive executive pay. CEO Alex Gorsky took it in stride, promising improvements and saying J&J is making progress.
Pfizer Inc. CEO Ian Read said that continuing expirations of drug patents through 2015 will restrain revenue growth, but the world's largest drugmaker is trying to offset that with launches of several medicines and research to create new ones.
Scientists have discovered a potential strategy for developing treatments to stem the disease process in Alzheimer’s disease. It’s based on unclogging removal of toxic debris that accumulates in patients’ brains, by blocking activity of a little-known regulator protein called CD33.
Molecular Devices has launched the FLIPR Calcium 6 Assay Kits, the latest addition to their range of calcium assay kits to address diversified GPCR and ion channel targets.
Greiner Bio-One has released the SensoPlate Plus, a 96-well plate with a transparent borosilicate glass bottom and a black cycloolefin frame, SensoPlate Plus was developed especially for use in high-resolution microscopy and fluorescence correlation spectroscopy.
JEOL Resonance has developed a nuclear magnetic resonance (NMR) super conducting magnet that operates on a minimum amount of liquid helium. JEOL's NMR system is capable of acquiring high resolution NMR data when liquid helium is scarce.
British drug maker AstraZeneca PLC, facing generic competition for some of its biggest products, says first-quarter profits fell 31%. The company also announced that it has received a subpoena from the U.S. attorney's office in Boston seeking documents relating to standards at its Macclesfield facility.
Genzyme announced positive results from a Phase 3 trial of Aubagio designed to assess whether early initiation of the drug in patients who experienced their first neurological symptoms consistent with clinically isolated syndrome can prevent or delay conversion to clinically definite multiple sclerosis.
Drugmaker Bristol-Myers Squibb Co. posted a 45% drop in first-quarter profit as reduced spending and a sharply lower tax rate couldn't make up for plunging sales from increased generic competition to its blood thinner Plavix, formerly the world's second best-selling drug.