Latest News

Juno Therapeutics appoints Sunil Agarwal as President of R&D

April 21, 2017

Juno Therapeutics, Inc., a biopharmaceutical company developing innovative cellular immunotherapies for the treatment of cancer, today announced it has appointed Sunil Agarwal, M.D., as President of Research and Development. With Dr. Agarwal’s appointment, Juno will bring Research and Development under one leader responsible for the..

Johnson Matthey overhauls its business

April 21, 2017

Specialty chemicals company Johnson Matthey PLC Thursday said it will reorganize its business into four divisions instead of five. The reorganization will lead to “further synergies for customers and create value for shareholders,” the company said. At 1508 GMT, shares down 3 pence, or 0.1%,..

EU crushes U.K. hopes of retaining EMA after Brexit

April 21, 2017

The European Commission has again sought to extinguish the United Kingdom’s lingering hopes of keeping the European Medicines Agency (EMA) in London after Brexit. Lead Brexiteer David Davis became the latest politician to claim London could retain the regulator earlier this week, only for a..

UK faces Brexit food prices hike without EU tariffs deal

April 21, 2017

The UK faces a 22% price hike in food prices if it fails to negotiate continued tariff-free trade with the European Union post-Brexit, according to the country’s retailers. The British Retail Consortium (BRC) study, published yesterday (20 April), said if the UK were to default..

Unilever acquires condiments maker Sir Kensington’s

April 21, 2017

Unilever, the European giant consumer products maker behind Lipton teas and Hellmann’s mayo, has agreed to purchase a tiny condiments maker that has won shelf space at Whole Foods and other retailers. The New York Times has reported that Unilever has agreed to purchase Sir..

UK: National debate needed on food and farming policy

April 20, 2017

Politicians should set out their plans to develop the UK’s £108bn food and drink manufacturing sector ahead of the general election on Thursday June 8, insist industry leaders. > Read the full article on the Food Manufacture website By Mike Stones Source: Food Manufacture

Report: Price hikes are still driving pharma’s earnings growth

April 20, 2017

Defying pressure from politicians and the public, pharma largely continued its price-hiking ways in 2016, with the corresponding sales windfall equal to 100% of the industry’s EPS growth for the year. That’s one conclusion in a new report from Credit Suisse, which found that net..

Japan’s Sawai buys U.S. firm Upsher-Smith’s generic drugs unit

April 20, 2017

Japan’s Sawai Pharmaceutical Co Ltd is buying the generic drug business of U.S. drug maker Upsher-Smith Laboratories Inc for $1.05 billion, marking the Osaka-based generic drugmaker’s first overseas acquisition. Sawai said on Thursday it is acquiring the business of the Minnesota-based company from the founding..

Topps taps new leader for global confectionery division

April 20, 2017

Tony Jacobs has been promoted to president of The Topps Co., Inc.’s Global Confectionery Brands division. In his new role, Mr. Jacobs has been tasked with advancing and evolving the company’s Bazooka Candy Brands portfolio. He will oversee more than 200 global team members in..

Five behaviors you must practice to cross the leadership threshold

April 20, 2017

Leadership is not defined by a title or a position, a record of experience or an accumulation of knowledge. That’s why there are many in positions of power who have great expertise and experience, yet are poor leaders. Leadership is a practice that requires mastery..