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Russia

Latest Headlines

Latest Headlines

Report: Bad lifestyles fuel diagnostics boom in emerging markets

The international research outfit GlobalData sees both factors like unhealthy lifestyles as pushing the in vitro diagnostics markets in some countries to climb by 16% annually, reaching a combined $11.7 billion by 2018. 

Germany scrutinizes Siemens over alleged Russian payments

Siemens ( $SI ) is under investigation by the Munich public prosecutor regarding payments allegedly made to employees at "a Russian company," the German conglomerate has disclosed.

Pharma cargo theft in Canada violent and getting worse

While the U.S. has seen dramatic improvements in foiling pharmaceutical cargo thieves, the rest of the world remains a pretty dangerous place for drug shipping--even Canada.

Valeant nabs Russia's Natur Produkt for $175M-plus

The Canadian drugmaker has made yet another acquisition. This time, it's an OTC company in a deal potentially worth $180 million.

Roche exec expects 'limited' rebound for pharma

Don't look for a fabulous rebound in drug sales once the patent cliff is past. So says Roche COO Pascal Soriot, who expects a paltry 2% to 3% growth in the U.S. market and stagnant sales in Europe over the next three to 5 years.

Stada stymied in bids for Russian M&A

Germany's Stada wants to expand in Russia. But attempts to buy Russian drugmakers have so far failed--despite months of effort--leaving the company with a big debt burden and stagnant home market, Reuters reports.

Quintiles partners with Russians on new drug development ventures

A venture group backed by the Russian government and tasked with building a drug development industry in the country is partnering with Quintiles to go to work on the clinical trial end of the...

Russian biotech VC and Quintiles to join forces on pharma services startups

Quintiles has revealed a partnership with Russian Venture Company (RVC) Biofund as part of the CRO giant's ongoing efforts in Russia.

$100M Russian biotech fund opens shop in Boston

Russian investors want to own a piece of the U.S. biotech industry.

EMC to found Russian cloud computing, 'Big Data' hub

Many companies, especially biopharma and bioinformatics companies, end up with a pool of unstructured and semistructured data, these days dubbed "Big Data." U.S.-based global IT company EMC...