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Tag: drugmaker
Teva Pharm to buy Mexican drugmaker Rimsa for $2.3 bln
2015-10-02 04:40:14| Biotech - Topix.net
Teva Pharmaceutical Industries has struck a deal to buy Mexican drugmaker Representaciones e Investigaciones Medicas SA for $2.3 billion to strengthen its presence in Latin America. It is Teva's second major acquisition in recent months.
Drugmaker GSK sees earnings growth returning in 2016
2015-07-29 15:23:07| Biotech - Topix.net
Britain-based drugmaker GlaxoSmithKline has reported a drop in earnings in the first full quarter since its deal to swap some assets with Swiss rival Novartis. Second-quarter net income fell to 149 million pounds from 654 million pounds a year earlier, while sales rose 6 percent to 5.89 billion pounds.
Tags: growth
returning
sees
earnings
Big shareholder backs drugmaker Mylan
2015-06-16 17:58:59| Biotech - Topix.net
Mylan's biggest shareholder is backing the generic drugmaker's plan to remain a stand-alone company as it fights a takeover bid from larger rival Teva Pharmaceutical. Abbott Laboratories also says it will vote its nearly 15 percent stake in Mylan in favor of that company's proposed Perrigo acquisition bid, which is valued at around $34 billion.
Tags: big
backs
shareholder
mylan
New CEO Caforio, a doctor, takes reins after drugmaker Bristol-Myers Squibb's annual meeting
2015-05-06 00:21:45| Biotech - Topix.net
Drugmaker Bristol-Myers Squibb Co. has a new leader, Dr. Giovanni Caforio, who became CEO as the company's annual meeting in Plainsboro, New Jersey, ended Tuesday.
Tags: takes
meeting
annual
doctor
Exclusive: Pfizer is mystery bidder for rare disease drugmaker Sobi - sources
2015-04-30 19:21:27| Biotech - Topix.net
The Swedish company, known as Sobi, has a market value of 35.8 billion Swedish crowns . Its medicines for rare or "orphan" conditions make it a target in a consolidating sector in which large, cash-rich drugmakers seek to bolster their portfolios with offerings from smaller biotech firms.
Tags: sources
exclusive
disease
rare
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