> Continuing a plan to concentrate its efforts on pipeline development, CuraGen announced that it is closing a production facility and laying off 40 workers. The move leaves the company with 50 workers, down from 550 in 2000. Release
> Germany's Stada told investors at its annual meeting that the drug company is considering some new acquisitions, but hadn't found any buyout opportunities yet that were worth the asking price. Report
> Zentiva has completed a €550 million loan needed to acquire a majority stake in Eczacibasi Generic Pharmaceuticals. Report
> The FDA has approved Galderma's Differin Gel, 0.3%, a new, higher concentration formulation of Differin for acne. Release
> Auriga Laboratories has formed Advanced Topical Solutions, a new division with a 46 person national sales team dedicated primarily to dermatologists. Release
And Finally... Takeda Pharmaceuticals North America, Baxter Healthcare, Astellas, and other corporate donors today announced their support for biotechnology education and entrepreneurship in Illinois through gifts totaling nearly $1 million to the iBIO Institute. Release