R&D

Cardinal Health, Inc. buys Healthcare Solutions Holding for $517 million

Cardinal Health today announced plans to expand its presence in specialty pharmaceutical services with a definitive agreement to purchase Healthcare Solutions Holding, LLC in an upfront $517 million all-cash transaction. The ... Read More

Express Scripts opens $60M pharmacy automation center in St. Louis County

Express Scripts opened its new $60 million pharmacy automation center Thursday in north St. Louis County. The company added 300 new jobs at the 12-acre Technology and Innovation Center, which dispenses ... Read More

Pioneer says it will acquire 3 seed firms

Pioneer Hi-Bred said Wednesday that it has agreements to buy NuTech Seed of Ames and two other seed companies, AgVenture of Kentland, Ind., and Hoegemeyer Hybrids of Hooper, Neb. Terms were ... Read More

Missouri home to two of the top children’s hospitals in the nation

St. Louis Children’s Hospital-Washington University and Children’s Mercy Hospital in Kansas City have once again been recognized in U.S. News & World Report’s 2010 list of America’s Best Children’s Hospitals. St. ... Read More

Monsanto to license soybean seed traits to Dow

Monsanto Co. said Wednesday it granted a new royalty-bearing, Roundup Ready 2 Yield license to Dow AgroSciences for genetically modified soybean seeds. In 2007, Creve Coeur, Mo.-based Monsanto and Dow AgroSciences ... Read More

Astellas Pharma buys OSI for $4 billion

Astellas Pharma Inc., Japan’s No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash in a bid to expand its ... Read More

Phycal to open algae lab at Danforth’s BRDG Park

Phycal LLC has leased 2,800 square feet for an algae biotechnology laboratory at the BioResearch and Development Growth Park (BRDG) at the Danforth Plant Science Center. Phycal, led by President and ... Read More

Samsung to spend $20 billion on green energy, health

Samsung said on May 11 that it plans to invest $20 billion in healthcare and green energy until 2020 in a move it says could provide thousands of new jobs. Among ... Read More

Abbott to buy Facet Biotech

Abbott Laboratories announced late Tuesday that it had agreed to buy Facet Biotech for a net price of $450 million in cash, in a move aimed at expanding its drug pipeline, ... Read More

Akermin raises $10M

Akermin Inc. said Tuesday it raised $10 million in its Series B financing round and will use the new funds to develop and bring to market its carbon-capture system for power ... Read More