Keyword: AbbVie

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Bayer Divestment of its MaterialScience Unit ‘Inevitable,’ Analysts Say

30.07.2013 - Expectations that Bayer will embrace a trend in the pharma sector to split off non-core units may be too far ahead of the curve. The diversified German healthcare group has an...

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U.S. Supreme Court Win Boosts Fight Against Drug Settlements

24.07.2013 - A U.S. Supreme Court ruling giving regulators the right to sue drugmakers for agreements that delay sale of cheaper generic pharmaceuticals should deter some of the most egregious...

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China Blocks GSK Finance Head From Leaving Country

18.07.2013 - Chinese authorities investigating the alleged bribery of doctors and officials by GlaxoSmithKline have stopped the drugmaker's head of finance for China, a British citizen, from...

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Abbott to Buy OptiMedica, Strengthens Medical Device Focus

16.07.2013 - Abbott said on Monday that it would enter the laser cataract surgery business by buying privately held OptiMedica for up to $400 million and in a separate deal would pay $310...

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Sanofi’s Chris Viehbacher: EU’s Drug Data Stance Threatens Investment

25.06.2013 - The European Medicines Agency's (EMA) decision to release detailed data on drugs once a medicine is approved could discourage critical investment in crisis-hit Europe, Sanofi's...

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Drug Industry CEOs Plotting More Carve-outs

07.05.2013 - A new generation of drug industry chief executives is stepping up plans to restructure their businesses by divesting slower-growing and maturing operations, opening up new...

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Court Stops EU Regulator Releasing Drug Company Data

30.04.2013 - Europe's medicines regulator has been stopped from releasing clinical trial data about drugs made by AbbVie and Intermune, following a court ruling favouring the two U.S. companies...

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AbbVie Delivers on Scorching Humira Drug Sales Growth

26.04.2013 - AbbVie reported slightly better than expected quarterly results on Friday, fueled by surging sales of its Humira treatment for rheumatoid arthritis. Sales of Humira, which accounts...