Keyword: pharmaceutical industry

News

Dr. Reddy's Q2 Profit Jumps on New Drugs

30.10.2012 - Dr. Reddy's Laboratories, India's No. 2 drugmaker by sales, reported a better-than-expected 32% rise in quarterly net profit as four new generic drugs drove sales in North America...

News

Fosun Pharma Tumbles in Hong Kong Debut

30.10.2012 - Shares of Shanghai Fosun Pharmaceutical fell as much as 12% on Tuesday in their Hong Kong debut, underscoring weak investor appetite for new offerings and dashing hopes for any...

News

New AstraZeneca CEO Gets $6.4 Million for Jumping Ship

29.10.2012 - Struggling British drugmaker AstraZeneca is giving its new chief executive Pascal Soriot 4 million pounds ($6.44 million) compensation for loss of long-term incentives from his...

News

US Foreign Bribery Penalties for Drugmakers May Lack Bite

29.10.2012 - Global drugmakers are paying tens of millions of dollars to settle U.S. allegations that they bribed their way across emerging markets, but harsher penalties may be needed to deter...

News

GSK Raises Bet on AIDS Drug with New Shionogi Deal

29.10.2012 - GlaxoSmithKline has raised its bet on a promising drug for HIV/AIDS by redrawing a deal with Japan's Shionogi, giving it a much bigger economic interest in the new product...

News

Tax Gains Lift Merck & Co Q3 Profits

28.10.2012 - Merck & Co posted a higher-than-expected quarterly profit as one-time tax gains helped offset plunging sales of its former flagship product, Singulair, an asthma drug that began...

News

Drugmaker Boehringer Settles Marketing Claim for $95 Million

26.10.2012 - Boehringer Ingelheim Pharmaceuticals agreed to pay $95 million to U.S. government agencies to settle civil allegations that it illegally marketed drugs for unapproved uses, the U.S...

News

Biogen Q3 Profit Rises

25.10.2012 - Biogen reported much higher-than-expected third-quarter profit on Thursday on increased sales of its drugs for multiple sclerosis and cancer, and the U.S. biotechnology company...