Keyword: biotech drugs

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Small Generic Drug Firms Need Niches to Survive Looming Price War

21.07.2012 - Aggressive consolidation among U.S. and European generic drugmakers is putting pressure on smaller competitors in the industry, whose best hope of surviving a brewing price war may...

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Merck KGaA, Dr. Reddy's in Biosimilars Deal

06.06.2012 - Germany's Merck KGaA and India's Dr. Reddy's Laboratories have struck a deal to develop cheap versions of biotech cancer drugs, seeking to tap into a new market as patents on...

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Biogen Profit Below Street View; Outlook Strong

02.05.2012 - Biogen's quarterly profit fell short of analysts' estimates on weak sales of its Avonex multiple sclerosis treatment, its biggest-selling product. But the biotechnology company...

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Sanofi Strong in Emerging Markets as Rivals Flag

28.04.2012 - French drugmaker Sanofi posted better-than-expected quarterly results, bolstered by strong emerging markets, breaking with a trend of earnings misses by European rivals AstraZeneca...

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Amgen to Buy Turkish Drugmaker for $700 mln

25.04.2012 - U.S. biotech company Amgen is to buy Turkey's Mustafa Nevzat Pharmaceuticals, a maker of injectable generic drugs, for around $700 million in a deal underscoring Western drugmakers...

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Biosimilar Remicade Accepted for EU Drug Review

13.04.2012 - Europe's drugs watchdog is to evaluate a copycat version of the best-selling biotech drug Remicade, used to treat arthritis, in a move that underscores how the market for so-called...

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Amgen, Astra to Collaborate on Several Drugs

03.04.2012 - Amgen and British drugmaker AstraZeneca announced on Monday a major collaboration deal to jointly develop and sell five biotech drugs currently in Amgen's developmental pipeline...