Keyword: Pharmaceuticals

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Drugmakers, Academics Pool R&D in $265 Million EU Project

07.02.2013 - Seven European drugmakers are to pool their research efforts with academic scientists and smaller companies in a new €196 million ($265 million) project designed to find tomorrow's...

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Hikal Announces Q3 Results

06.02.2013 - Hikal, the outsourcing partner for leading global life sciences companies, today announced its financial results for the third quarter ended 31st December, 2012. Financial...

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GlaxoSmithKline Promises Growth This Year After 2012 Shortfall

06.02.2013 - GlaxoSmithKline, Britain's biggest drugmaker, renewed its promise to return to growth this year, after failing to deliver a hoped-for sales and margin recovery in 2012. GSK also...

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Biogen Pays Elan $3.25 Billion to Take Over MS Drug

06.02.2013 - Biogen is to take full ownership of blockbuster multiple sclerosis drug Tysabri after agreeing to pay Irish partner Elan $3.25 billion plus future royalties on sales of the drug...

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Merck Worries About Osteoporosis Drug

01.02.2013 - Merck & Co's quarterly results beat estimates, but the drugmaker issued a cautious 2013 profit forecast and said it will delay seeking approval for a high-profile osteoporosis drug...

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EU Regulators Charge J&J, Novartis Over Dutch Painkiller Delay

31.01.2013 - EU antitrust regulators stepped up their fight against companies blocking the market entry of cheaper generic medicines, with charges against Johnson & Johnson and Novartis over a...

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Novo Hikes Forecasts on Hopes for New Blockbuster Drug

31.01.2013 - The world's biggest insulin producer Novo Nordisk raised sales and profit forecasts for 2013 on hopes its new Tresiba drug will soon win approval in the United States and add...

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Spain Court Suspends Madrid Prescription Fee Ahead of Ruling

31.01.2013 - Spain's Constitutional Court has stopped the Madrid region adding a flat fee on prescription medicines while it discusses the constitutionality of such a charge, which authorities...