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Pharma

  • Tables turned? Cambridge pharma firm launches hostile bid for New York-listed peer

    June 7, 2024

    Vanda Pharmaceuticals, based in Washington DC, confirmed the receipt of Cycle’s “unsolicited, non-binding indication of interest” and stated it would carefully review and evaluate the proposal.

  • Tribunal reverses CMA’s £35m fine against four anti-nausea pharmaceutical firms

    May 28, 2024

    Four pharmaceutical companies have successfully appealed and reversed a £35m fine imposed by the competition regulator over anti-nausea tablets

  • ‘New era of growth’: FTSE 100 giant Astrazeneca aims to double revenue

    May 21, 2024

    London-listed Astrazeneca reported revenue of $45.8bn in 2023 and growth of 19 per cent to $12.7bn in the first quarter of 2024.

  • Haleon posts healthy first quarter update after UK job cuts

    May 1, 2024

    Revenue at Haleon was up in the first quarter despite its announcement yesterday that it would cut over 400 jobs in the UK, as the consumer healthcare firm posted a quarterly update in line with expectations.

  • GSK raises 2024 guidance after strong vaccine sales

    May 1, 2024

    In its first quarter, British company GSK said sales rose 10 per cent to £7.4bn but total operating profit fell 18 per cent to £1.49bn.

  • Drugmaker Indivior seeks shareholder approval to move primary listing from London to New York

    April 25, 2024

    Opioid dependence treatment maker Indivior has confirmed a plan to move its primary stock market listing from London to New York this summer in yet another blow to the capital's beleaguered bourse.

  • Hikma: Pharma giant starts year strong as new product sales surge in key markets

    April 25, 2024

    In 2023, the group became the second-largest pharmaceutical company in Middle East and North Africa by sales.

  • This may hurt: English High Court set for Moderna and Pfizer/BioNTech Covid battle starting today

    April 23, 2024

    The English part of a global dispute billion dollar legal case involving big pharma giants Modern, Pfizer and BioNTech over Covid patents, kicks off today.

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