Emerging Markets

Latest Headlines

Latest Headlines

GSK gets interest from buyers for Romania plant

GlaxoSmithKline may not have to close a former Europharm plant in Romania that it no longer needs. It may be able to sell it instead.

China probes of Glaxo, Sanofi, others put big chill on key growth market

The recent, and very public, Chinese investigation into bribery allegations against GlaxoSmithKline and others has doctors running scared, making it tough for everyone to sell drugs there.

Medtronic looks to innovate with new Singapore shop

Medtronic is setting up a de facto incubator in Singapore, planning to design, test and scale new business models for the developing world.

Report: Big CROs soared 10% last year

Despite concerns about slashed R&D budgets, overexpansion and consolidation, the titans of the CRO business are still posting double-digit growth, clocking $13.6 billion in 2012, according to a report.

International Vaccine Institute inks Indian alliances

Non-profit International Vaccine Institute (IVI) has inked partnerships with Indian agencies as part of its drive to deepen ties to the country.

Indian drugmaker building nutraceutical plant

The owners of India's Gujarat Research Allopathic Foundation (GRAF) Laboratories see a future in nutraceuticals and are building a plant to realize that vision.

J&J rejigs Chinese ops to centralize under local chairman

Johnson & Johnson is reorganizing its operations in China. Amid a government probe of corruption and pricing policies in the pharma industry, J&J has appointed a local chairman, Jesse Wu, to oversee all three of its Chinese operations--consumer health, devices and diagnostics, and pharmaceuticals.

J&J shifts China ops under mounting scrutiny

As Chinese regulators crack down on device and drug companies, Johnson & Johnson is centralizing its leadership in the country, a move to increase oversight and profitability.

Covidien cuts ribbon on $21M Korean R&D shop

Covidien has made its first R&D foray into South Korea, opening a center to develop new technology, train local physicians and expand its share of a growing market.

Siegfried building plant in China

Switzerland-based contract manufacturer Siegfried has decided to join those companies that are building in China, even as it expands other parts of its manufacturing operations.