Keyword: Pharmaceuticals

News

Novartis Drug Afinitor Gets EU Nod for Breast Cancer

30.07.2012 - Novartis drug Afinitor, expected to become a major seller for the Swiss drugmaker, was approved by European regulators to treat women with a certain type of breast cancer, the...

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Strong Merck & Co Results Boost Faith as Generics Loom

27.07.2012 - Merck & Co reported better-than-expected quarterly earnings on strong sales of vaccines and treatments for diabetes and HIV, giving investors greater faith the company can weather...

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U.S. Health Advisers Back Two New Eye Treatments

27.07.2012 - A U.S. Food and Drug Administration panel on Thursday recommended two drugs for combating different forms of vision loss that can lead to blindness among a range of adults...

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Amgen Q2 Profit Beats Estimates

27.07.2012 - Amgen on Thursday reported far higher-than-expected second-quarter profit and revenue on strong demand for many of its drugs, and the world's largest biotechnology company raised...

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EU Crisis Piles on Pain for Europe's Drugmakers

26.07.2012 - Europe's sick economy is infecting its pharmaceuticals sector, traditionally one of the region's most successful industries. Price cuts to rein in healthcare spending reached...

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Roche Takes $1.7 Billion Charges as it Confirms Outlook

26.07.2012 - Swiss drugmaker Roche Holding took $1.7 billion in restructuring charges it said should lead to big savings as it confirmed its outlook on Thursday with first-half sales beating...

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Sick Europe Forces GSK to Cut 2012 Sales Outlook

25.07.2012 - GlaxoSmithKline warned on Wednesday that sales in 2012 would be flat as pressure on drug prices intensifies in Europe, due to government austerity measures aimed at curbing...

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Lonza Says Demand Strong despite Headwinds

25.07.2012 - Swiss drug industry supplier Lonza confirmed its profit guidance on Wednesday and said demand in its key business remained strong despite macroeconomic uncertainties. The Basel...