AstraZeneca PLC Fourth Quarter and Full Year Results 2008
AstraZeneca has delivered a robust performance in an increasingly challenging market environment. Good headway is being made in further improving the efficiency of the organization, and the expansion in the scope of our restructuring efforts is another important step towards sustaining long-term competitiveness.
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Strong Fourth Quarter Supports Excellent 2008 for Bristol-Myers Squibb
Bristol-Myers Squibb posted fourth quarter 2008 net sales from continuing operations of $5.2 billion, an increase of 4%, or 8% excluding foreign exchange impact, compared to the same period in 2007. Pharmaceutical net sales totaled $4.5 billion and sales from Mead Johnson Nutrition Company totaled $707 million in the fourth quarter of 2008, representing increases of 4% and 6%, respectively, compared to 2007.
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GSK to drive growth in emerging markets with acquisition of UCB products
GlaxoSmithKline plc (GSK) has signed an agreement with UCB S.A to acquire its current marketed product portfolio across certain territories in Africa, the Middle East, Asia Pacific and Latin America, for a cash consideration of €515 million (£483 million).
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Pfizer to Acquire Wyeth, Creating the World's Premier Biopharmaceutical Company
Pfizer (NYSE: PFE) and Wyeth (NYSE: WYE) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Wyeth in a cash-and-stock transaction currently valued at $50.19 per share, or a total of approximately $68 billion. The Boards of Directors of both companies have approved the combination.
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Novartis launches Extavia®, the standard-of-care for relapsing forms of multiple sclerosis
Novartis has announced the launch of Extavia®, a new version of the standard-of-care for relapsing forms of multiple sclerosis (MS), providing patients and physicians with an alternative option to help manage this devastating disease.
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Foundation-laying ceremony for new R&D building at Roche Basel
At a ceremony attended by people involved in the project and other guests, the foundation stone was laid for the new Research & Development building at Roche Basel. The project, representing a total investment of approximately 250 million Swiss francs, is an unequivocal expression of the companyâs commitment to the Basel site. At the new facility, R&D work is to be carried out on solid and liquid dosage forms for new active substances.
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Amgen's Breakaway from Cancer Initiative Expands to Help Cancer Patients
In an ongoing effort to raise awareness of the comprehensive continuum of resources available to cancer patients and their caregivers - from prevention to education, patient care to advocacy and financial support - Amgen's Breakaway from Cancer(TM) initiative has expanded its charitable partners to now include the National Coalition for Cancer Survivorship, Patient Advocate Foundation, Prevent Cancer Foundation and The Wellness Community.
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