Bio Saga Headlines

Bio Saga

Tuesday, May 6, 2008

Pfizer invests $300 mln in Irish biotech facility

Pfizer Inc, the world's biggest drugmaker, is to invest 190 million euros ($297 million) establishing a new biotech plant in Ireland for the production of experimental medicines, it said on Friday.

It is the first time that Pfizer has placed such internal biopharmaceutical clinical development outside the United States.

The facility at Shanbally in County Cork will be located on a site adjacent to Pfizer's existing operation in Ringaskiddy and will be completed by the end of 2009.

Nat Ricciardi of Pfizer Global Manufacturing said the investment reflected the U.S. group's determination to become a leader in biotech medicine, which is a growing focus for many drug companies worldwide.

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Life Science and Informatics

What is this?
is this a new industry?
or a old wine in a new bottle?

Well Life Sciences and Informatics can be anything form computational biology, all omes and omics, core bioinformatics to curation and literature mining, database creation, in the area of biology, chemistry , bio-chem space.

There are number of companies in India and bangalore is the forefront as a major bio-cluster with 20 to 30 companies in this sphere.

now how good are these companies doing?
how good are they in terms of the international markets and how profitable is their business?
what do they do?
their clients?

These are some interesting things that could be discussed in this blog page...

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