Giant merger creates biotech power

Article Abstract:

The proposed merger between the two Swiss pharmaceutical giants Ciba-Geigy and Sandoz will create the second-largest pharmaceutical company in the world. The joint company, Novartus, will have assets of $12.5 billion, a significant amount of which will be used to fund research and development.

Pharmaceutical industry, Mergers, acquisitions and divestments, Sandoz AG, Ciba-Geigy Corp.

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Scientists brace for change as ex-communist wins election

Article Abstract:

Polish scientists are worried about the future of science reforms after the victory of former communist Kwasniewski, whose ruling coalition in Parliament had already been denying funds for research. The budget responsibilities of pre- and post-reform state science committees are in question.

Poland, Political aspects, Science and state, Science policy, Powers and duties, Polish Academy of Sciences

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Max Planck Institutes brace for change

Article Abstract:

Some scientists believe that the Max Plank Institutes' practice of funding its top scientists for life regardless of their productivity should be changed. Although the institute is a major source of Nobel Prize winners, diminishing funding money is encouraging reform proposals.

Finance, Appointments, resignations and dismissals, Science, Markl, Hubert, Max Planck Society for the Advancement of Science

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