The worst person at HQ in US


























Who, Cindy?


I've been monitoring this site for a month waiting for some final, explosive bombshell that would place the final nail in the coffin that is Archimedes. What pleasure I had when I saw a new post, and it's a question! How disappointing.

When is Bucky going to get axed? Is Archimedes doing anything in Europe?
 




I've been monitoring this site for a month waiting for some final, explosive bombshell that would place the final nail in the coffin that is Archimedes. What pleasure I had when I saw a new post, and it's a question! How disappointing.

When is Bucky going to get axed? Is Archimedes doing anything in Europe?

I work in Europe. Field force cut down to the bone, best guys gone. Teetering in the brink of going to our equivalent of Publicis. All spend cut back. Just some nurses and a few reps. Amazed it lasted this long, wonder how bad it will be to have it on your resume....
 


CMA clears takeover of Archimedes Pharma

The £230m acquisition of a Reading-headquartered business which is developing treatments for cancer pain has been cleared by the Competition and Markets Authority (CMA).

Archimedes Pharma was bought by ProStrakan, a subsidiary of global pharmaceutical company Kyowa Hakko Kirin (KHK), in July.

The group, which has a development facility in Nottingham, provides novel and advanced treatments within the therapeutic areas of pain, oncology and critical care.

Its largest product is PecFent, a fentanyl nasal spray used in the management of breakthrough cancer pain in patients who are already receiving maintenance opioid therapy for chronic cancer pain.

Archimedes recorded revenue of £41m in 2013, a 33 per cent increase from the previous year.

The CMA, which said in September it would investigate the deal, has decided a relevant merger situation, under the provisions of the Enterprise Act 2002, has not been created.

Dr Tom Stratford, chief executive of ProStrakan, previously said that the acquisition of Archimedes represents "a rare opportunity to enhance the scale of our successful European operations by adding a strong portfolio of high value medicines as well as further strengthening our teams in major European markets".
 






CMA clears takeover of Archimedes Pharma

The £230m acquisition of a Reading-headquartered business which is developing treatments for cancer pain has been cleared by the Competition and Markets Authority (CMA).

Archimedes Pharma was bought by ProStrakan, a subsidiary of global pharmaceutical company Kyowa Hakko Kirin (KHK), in July.

The group, which has a development facility in Nottingham, provides novel and advanced treatments within the therapeutic areas of pain, oncology and critical care.

Its largest product is PecFent, a fentanyl nasal spray used in the management of breakthrough cancer pain in patients who are already receiving maintenance opioid therapy for chronic cancer pain.

Archimedes recorded revenue of £41m in 2013, a 33 per cent increase from the previous year.

The CMA, which said in September it would investigate the deal, has decided a relevant merger situation, under the provisions of the Enterprise Act 2002, has not been created.

Dr Tom Stratford, chief executive of ProStrakan, previously said that the acquisition of Archimedes represents "a rare opportunity to enhance the scale of our successful European operations by adding a strong portfolio of high value medicines as well as further strengthening our teams in major European markets".

How's the rare opportunity working out?
 





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