Keyword: generic competition

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Eli Lilly Copy of $8 Billion Sanofi Insulin Wins EU Approval

30.06.2014 - The European Medicine Agency (EMA) has recommended approval of Abasria, Eli Lilly's biosimilar version of Sanofi's insulin glargine sold as Lantus. This means that the French...

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Sanofi Fined in Plavix Generics Dispute

14.05.2013 - The French Competition Authority fined drugmaker Sanofi €40.6 million ($52.7 million) on Tuesday for "disparaging" generic competition to its Plavix blood thinner. The decision on...

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Eli Lilly Q4 Profits Hurt by Generic Competition

29.01.2013 - Eli Lilly said on Tuesday that fourth-quarter profit fell as competition from generic drugs, particularly for its once top-selling schizophrenia drug Zyprexa, drove revenue lower...

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Eli Lilly Banks on Cost Controls for Higher 2013 Profit

04.01.2013 - Eli Lilly said on Friday it expects profit in 2013 to increase by more than Wall Street had been forecasting, primarily due to cost controls and improved productivity. Lilly, whose...

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Sanofi, Bristol Shake up Alliance as Patents End

03.10.2012 - Drugmakers Sanofi and Bristol-Myers Squibb plan to revamp their 15-year-old alliance from Jan. 1 in response to lost exclusivity on two key drugs and the arrival of generic...

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Bayer CEO Decries Pressure to Lower Drug Prices

20.09.2012 - Pressure from governments to lower drug prices risks undermining medical innovation, Bayer's chief executive Marjin Dekkers said on Wednesday, echoing complaints of other drug...

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Biotech M&A at 4-Year High as Pharma Faces Expiring Patents

03.08.2012 - Global biotech merger volume has reached levels not seen in four years as big pharmaceutical companies pursue deals to get access to new drugs, with bankers saying therapeutic...

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Pfizer Beats Forecasts, Helped by Cost Cuts

31.07.2012 - Pfizer reported higher-than-expected quarterly earnings, helped by cuts in research spending and other costs, and affirmed its 2012 profit forecast despite the negative impact of...