Keyword: patent losses

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Drug Patent Losses Worth Billions Seen in 2017

03.05.2017 - Major pharmaceutical producers threaten to lose $26.5 billion in annual sales this year, as 18 branded drugs are due to expire, analysts for investment bank Bernstein said in a...

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Pfizer Chases AstraZeneca for Potential $100 billion Deal

29.04.2014 - Pfizer is now expected to increase its $100 billion offer to acquire UK rival AstraZeneca after being rebuffed a second time. The company has confirmed that it approached its...

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Sanofi Eyes More Acquisitions, Sees Growth in Africa

03.04.2014 - Sanofi is on the lookout for acquisitions to boost key business units such as consumer and animal health products and expects strong growth on the "strategic continent" of Africa...

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Lundbeck Suffers Q2 Loss

08.08.2013 - Danish pharmaceuticals group Lundbeck posted a bigger-than-expected operating loss in the second quarter, hit by an EU fine for breaking competition law and cheap competition after...

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AstraZeneca to Axe 1,600 Jobs in Overhaul of Drug R&D

18.03.2013 - AstraZeneca is to cut around 1,600 jobs as it overhauls research operations and consolidates drug development work in three major centres in Britain, the United States and Sweden...

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AstraZeneca Faces Long Haul Back to Health

18.03.2013 - AstraZeneca's new CEO Pascal Soriot, outlining his investment strategy for the ailing drugmaker this week, is unlikely to offer any quick fixes to plug a looming $6 billion sales...

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Patent Expiries Delay Sanofi's Return to Growth

07.02.2013 - French drugmaker Sanofi said earnings could fall this year as it continues to feel the effects of expiring patents, disappointing hopes of a return to growth. The group, which saw...

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Novartis on Track despite Bigger Dollar Hit

19.07.2012 - Swiss drugmaker Novartis posted a smaller than expected fall in second-quarter core earnings and said tight cost control and strong sales of new drugs would help it cope with a...