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South San Francisco: Biotech drugmaker Amgen laying off at least...

2014-07-30 01:44:39| Biotech - Topix.net

Biologic drugmaker Amgen said Tuesday that it will lay off 12 to 15 percent of its worldwide workforce and close four sites, even as it reported very strong second-quarter results that trounced Wall Street expectations.

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Drugmaker Pfizer's 2nd quarter profit sinks 79 per cent but still beats analyst expectations

2014-07-29 16:12:25| Biotech - Topix.net

Pfizer's second-quarter earnings plunged 79 per cent from last year, when the world's second-largest drugmaker booked a business spinoff gain of more than $10 billion.

Tags: 2nd profit quarter cent

 
 

UK Drugmaker Seeks Approval for Malaria Vaccine

2014-07-25 10:12:59| Biotech - Topix.net

GlaxoSmithKline said on Thursday it is applying for regulatory approval for the world's first vaccine against malaria, designed for children in Africa.

Tags: approval seeks vaccine malaria

 

U.S. drugmaker AbbVie finally wins Dublin's Shire with $55 billion deal

2014-07-19 05:11:25| Biotech - Topix.net

U.S. drugmaker AbbVie Inc bought Dublin-based Shire Plc on Friday in a 32 billion pound deal that will allow it to slash its tax bill by relocating to Britain.

Tags: finally deal billion wins

 

Drugmaker Valeant touts Bausch + Lomb growth to Allergan investors

2014-07-18 20:52:24| Biotech - Topix.net

Valeant Pharmaceuticals Inc moved on Friday to blunt a key criticism by takeover target Allergan Inc of its Bausch + Lomb business by releasing data showing strong sales growth.

Tags: growth investors bausch touts

 

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