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Pfizer to invest $350 million in China biotech hub, first in Asia

June 28, 2016 by · Leave a Comment 

Pfizer Inc will invest $350 million to build a biotech center in China, the latest in a series of moves by pharma industry giants to set up shop in the world's no. 2 drugs market with the aim of securing faster approvals for their products. The facility in eastern Hangzhou region – Pfizer's first biotech center in Asia – is expected to be completed by 2018, the firm said in a statement on Tuesday. Global “Big Pharma” is increasingly looking for smart ways to tap China's healthcare market…

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Pfizer to invest $350 million in China biotech hub, first in Asia

confidentiality

Uber, Lyft settle litigation involving top executives

June 28, 2016 by · Leave a Comment 

By Dan Levine SAN FRANCISCO (Reuters) – Rival ride services Uber and Lyft have settled high stakes litigation involving two of their top executives, court filings show, in advance of a trial that could have aired sensitive details about both companies. Lyft and its former chief operating officer Travis VanderZanden ended litigation in a California state court in which Lyft accused VanderZanden of breaking his confidentiality pledges when he went to work for Uber. Uber also withdrew a subpoena on Monday in separate litigation over a data breach at …

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Uber, Lyft settle litigation involving top executives

confidentiality

Bayer waiting for Monsanto to engage after spurned bid: sources

June 11, 2016 by · Leave a Comment 

Bayer, however, has no plans to increase its offer without first reviewing Monsanto's confidential information, the sources said on condition of anonymity because of the confidentiality of the talks. The Leverkusen-based company needs access to Monsanto's books before it can decide whether it can pay

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Bayer waiting for Monsanto to engage after spurned bid: sources