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...Among clients “there’s been a shift from traditional advisory-based consulting to more engineering-led consulting”, he adds....
...But the hard work is not yet over for Merck: Bristol-Myers Squibb, AstraZeneca and Roche are all vying for its spot as the leader in lung cancer treatment....
...Andy Schmeltz, who heads the division, gives the example of Eliquis, an anticoagulant produced with Bristol-Myers Squibb....
...The early leaders are Merck and Bristol-Myers Squibb....
...This involves extracting blood from patients and re-engineering the disease-fighting T-cells in a way that enhances their ability to destroy tumours....
...Novartis, meanwhile, is leading a different approach that involves extracting white blood cells from patients and re-engineering them in a laboratory....
...Novartis is at the forefront of another form of immuno-oncology which involves genetically re-engineering the white blood cells to hunt down and destroy tumours....
...Other approaches are being developed, including some involving the genetic re-engineering of patients’ T-cells to attack cancer....
...Novartis, another big oncology player, is placing its bets on a different form of immunotherapy that involves removing patients’ T-cells from their bodies and re-engineering them to destroy cancer cells...
...Bristol-Myers Squibb, represented by Kirkland and Ellis and Goldman Sachs, agreed to sell its diabetes business to AstraZeneca for $4.1bn....
...Many of the NOCs have “become more nimble in the last decade”, agrees Amy Myers Jaffe, executive director for energy and sustainability at UC Davis Graduate School of Management....
...When I look round the market I see that we do price in scientific advances in areas such as electronics and engineering. But not in the biological sciences. There is a tremendous amount going on....
...This is apparent in our standard products business in Germany,” said Peter Löscher, chief executive of Siemens, Europe’s largest engineering group....
...The sacking – which Coles Myer claimed was due to the leaking of confidential information – sent Mr Bowman into the courts, where he won about £907,000 in compensation....
...Aside from financial engineering, there is scope to improve performance. Coles Myer trails the bigger Woolworths on a raft of measures, including operating margins and quarterly sales growth....
...Carlyle bid $6.5bn for Advanced Semiconductor Engineering while MBK Partners, a Seoul-based start-up, burst on to the scene with a $1.5bn buy-out of China Network Systems....
...Rituxan from Roche, Genentech and Biogen Idec, used to treat non-Hodgkin’s lymphoma, and Erbitux from ImClone and Bristol-Myers Squibb, to treat colorectal cancer, are other very successful MAb cancer drugs...
...“If there is some uncertainty about getting approval and how long it will take, then a seller has to take that into account,” said says Kurt Berney, a n M&A partner with O’Melveny and Myers, the a law firm...
...Coles Myer, the retailer, fell 2.2 per cent to A$8.80 as the market brushed aside an upgrade to its annual earnings forecast....
...Coles Myer, Australia's biggest retailer, rose 1 per cent to a record high of A$9.59, while supermarket group Woolworths hit a new high of A$13.80 before falling back and finishing 0.7 per cent lower at...
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