PharmaNews.eu
Breaking World Pharma News
Bristol-Myers Squibb Company (NYSE: BMY) announced solid financial results for the fourth quarter of 2011. This concludes a year in which the Company received important new product approvals for YERVOY® and NULOJIX® in both the U.S. and Europe, and ELIQUIS® in Europe for the prevention of venous thromboembolic events.
Amgen (NASDAQ:AMGN) and Micromet, Inc. (NASDAQ:MITI) today announced that the companies have entered into a definitive merger agreement under which Amgen will acquire Micromet, a biotechnology company founded in Germany with its research and development (R&D) center in Munich and headquarters in Rockville, Md., for $11 per share in cash.
Novartis' net sales rose 4% (+5% cc) to USD 14.8 billion in the fourth quarter. The strengthening of the US dollar against most major currencies negatively impacted sales by 1 percentage point.
Abbott's worldwide sales increased 4.1 percent to $10.4 billion, including a favorable 0.2 percent effect of foreign exchange. Emerging markets sales were $2.5 billion, representing nearly 25 percent of total sales, with particularly strong growth in Nutritionals, Vascular and Diagnostics.
Novo Nordisk will establish a type 1 diabetes R&D center in Seattle, US. The new center will combine Novo Nordisk's history of innovation and leadership in diabetes treatment with the company's growing expertise in immunotherapy.
Roche announced a grant to the Albert Einstein College of Medicine of Yeshiva University in New York City, which will be used for the establishment of a program to improve basic cancer care in Ethiopia. The grant funding comes from the Roche African Research Foundation.
Most Read News
- Pfizer Receives FDA Approval to Extend Use of Prevnar 13®
- AstraZeneca and IMS Health announce real-world evidence collaboration in Europe
- Bristol-Myers Squibb to Acquire Inhibitex
- Novartis to restructure US business to strengthen competitive position
- Missing trial data threatens the integrity of medicine
- Hepatitis C virus hijacks liver microRNA
- Study finds statin costs 400 percent higher in US compared to UK
Company Profiles and News
Showcase your Company Profile / News
Pharmaceutical Companies
News in Pictures
Be on top of World Pharma News!
Advertise with us - Download World Pharma News' Media Pack Read more
Abbott Launches New Psoriasisanswers.com Web site
August marks National Psoriasis Awareness Month, an opportunity to raise awareness about psoriasis, a skin disease that affects nearly 7.5 million Americans. For those living with this condition, finding information Read more
AstraZeneca Headquarters, London
AstraZeneca is a global, innovation-driven biopharmaceutical business with a primary focus on the discovery, development and commercialisation of prescription medicines. As a leader in gastrointestinal, cardiovascular, neuroscience, respiratory and inflammation, Read more
Site Roche Basel
Headquartered in Basel, Switzerland, Roche is a leader in research-focused healthcare with combined strengths in pharmaceuticals and diagnostics. Roche is the world's largest biotech company with truly differentiated medicines in Read more
Gehry building, Novartis headquarters in Basel, Switzerland
Novartis provides healthcare solutions that address the evolving needs of patients and societies. Focused solely on healthcare, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, cost-saving Read more
GSK Corporate HQ
GlaxoSmithKline - one of the world's leading research-based pharmaceutical and healthcare companies - is committed to improving the quality of human life by enabling people to do more, feel better Read more
Sanofi-aventis Group head office
Sanofi-aventis, a leading global pharmaceutical company, discovers, develops and distributes therapeutic solutions to improve the lives of everyone. Sanofi-aventis is listed in Paris (EURONEXT: SAN) and in New York (NYSE: Read more
Boehringer Ingelheim Center, Ingelheim, Germany
The Boehringer Ingelheim group is one of the world's 20 leading pharmaceutical companies. Headquartered in Ingelheim, Germany, it operates globally with 142 affiliates in 50 countries and more than 41,500 Read more
Novo Nordisk's corporate headquarters in Bagsværd, Denmark
Headquartered in Denmark, Novo Nordisk is a global healthcare company with 87 years of innovation and leadership in diabetes care. The company also has leading positions within haemophilia care, growth Read more
Sponsored Links
Business & Industry News
- Bristol-Myers Squibb delivers solid fourth quarter capping a year highlighted by new product approvals
- Amgen to Acquire Micromet
- Novartis delivers strong underlying financial performance in 2011
- Abbott reports double-digit ongoing earnings-per-share growth in fourth quarter and full-year 2011
- Novo Nordisk establishes type 1 diabetes R&D center in Seattle
- Roche supports cancer care development program in Ethiopia
- Genzyme and Veracyte Announce Global Co-Promotion Agreement to Deliver Personalized Solution for Thyroid Patients
Research & Development News
- Rising Interest of Big Pharma Creates Immense Growth Potential for Contract Manufacturing Organisations
- Sweeping genetic analysis of rare disease yields common mechanism of hypertension
- 'Pulverized' chromosomes linked to cancer?
- Continuing uncertainties surround anti-influenza drug
- New drug screening identifies chemical agents with potent anti-cancer activity
- New 'smart' nanotherapeutics can deliver drugs directly to the pancreas
- Chemotherapy may influence leukemia relapse
Conferences & Events News
- 3rd Mastering HR Summit 2012
- ePatient / Health 2.0 - A Key Factor for New and Innovative Business Models for the Life Sciences Industry
- Global E-Health Forum - Hamburg 2011
- Health 2.0 Europe: Over 35 Speakers from 15 Countries Already Confirmed
- 2nd Mastering HR Summit 2011
- Health 2.0 Europe 2011 - Registration is Now Open
- Global E-Health Forum: Designing Personalized Healthcare