Keyword: drugmaker

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Sandoz Builds Biologics Plant in Slovenia

17.03.2023 -

Sandoz, the generics and biosimilars arm of Swiss drugmaker Novartis, has signed a Memorandum of Understanding to build a biologics production plant in Lendava, Slovenia...

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Novo Nordisk to Cut US Insulin prices from 2024

16.03.2023 -

Danish drugmaker Novo Nordisk has added its name to the list of insulin producers cutting prices for US retail buyers, following up on Eli Lilly’s announcement of price...

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Sanofi Strengthens Venture Capital Budget

19.01.2023 -

As well as serving as a financial partner to fledgling companies, the VC fund supports future efforts for business development and M&A opportunities within its own...

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Bayer Shifting Pharma Focus away from Europe

18.01.2023 -

Bayer is increasingly shifting the commercial focus of its pharmaceutical business away from Europe and toward the US and China, Stefan Oelrich, head of the German group...

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US Opioid Settlement Talks in High Gear

17.10.2019 - Long anticipated bundled proceedings against opioid manufacturers and US opioid distributors began on Oct. 16 in a US court in Cleveland, Ohio, where cases against Israeli generics...

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Pershing and Valeant Settle Allergan Lawsuits

05.01.2018 - Pershing Square, the hedge fund of US activist investor Bill Ackman, and Canada-based drugmaker Valeant Pharmaceuticals have agreed in principle to pay $290 million to settle two...

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GSK Expands Stake in Saudi Subsidiary

03.01.2018 - UK drugmaker GlaxoSmithKline (GSK) has expanded its stake in its Saudi subsidiary Glaxo Saudi Arabia Limited (GSAL) by 26% to 75%. With an investment of more than $243 million, the...

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Teva Takes Back a few Job Cuts

03.01.2018 - After two weeks of protest in Israel, generics giant Teva has temporarily taken back about a third of the planned job cuts at its plant in Jerusalem. Original plans called for 340...