Serono changes tack
Article Abstract:
Serono of Geneva, a leader in the multiple sclerosis market has recruited the Goldman Sachs bank to explore various strategic alternatives as a necessary move before the value of its core cash-generating business centered around its multiple sclerosis franchise starts to erode. Novartis and Roche, New York-based Pfizer, Johnson &Johnson of New Jersey and London-based GlaxoSmithKline are identified as likely bidders for the company which exited 2005 with around $600 million and holds treasury shares valued at around $650 million.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2006
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Antibiotics au naturel
Article Abstract:
Lack of funding into research and economic slowdown has resulted in research in genomics for antibiotic discovery being stalled. However, an exploration of untapped sources like biodiverse resources in the world could guide in a second golden age on antibiotic discovery.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2006
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