BioSpace Collaborative

Academic/Biomedical Research
News & Jobs
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  C2C Services & Suppliers™
Europe
Asia

DIVERSITY

PROFILES
Company Profiles

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Research Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
Get Our Industry eNewsletter FREE email:    
   

Novartis AG Has No Need to Buy Intercell AG, According to Source


7/19/2011 8:14:16 AM

Novartis (NOVN.VX) has no need or plans to acquire Intercell (ICEL.VI), Europe's last independent vaccine maker, a source familiar with Novartis' thinking said. Novartis currently owns a 15 percent stake in the Austrian biotech group and speculation has swirled that the Swiss drugmaker could buy Intercell, which has said it is open to being acquired after a string of product setbacks over the past year. "Why would Novartis buy Intercell when it already has access to the pipeline? Novartis does not have any worries about its own vaccine pipeline and is not eager to pursue a transaction," a source familiar with the company's thinking told Reuters.

Read at Reuters


Reuters
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES
 

//-->