Pfizer in Partnership with Shanghai Institutes for Biological Sciences for Drug Discovery Activities
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- Category: Pfizer
Pfizer has announced a joint initiative with the Shanghai Institutes for Biological Sciences (SIBS) to support fundamental research in China. As part of the initiative, Pfizer China will provide US$500,000 each year over three years to fund health-related fundamental research projects at SIBS and its application to drug discovery and development programs in the country.
Abbott to Acquire Nutrition Businesses, Expanding Presence in India
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- Category: Abbott
Abbott announced a definitive agreement to acquire the nutrition businesses of Wockhardt Limited, Carol Info Services Limited, and certain Wockhardt subsidiaries and group companies for consideration totaling approximately US$130 million in cash.
Amgen to collaborate with GSK to commercialize denosumab in Europe for postmenopausal osteoporosis
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- Category: GlaxoSmithKline
Amgen (NASDAQ:AMGN) and GlaxoSmithKline (GSK) announced a collaboration in which the companies will share commercialization of Amgen's monoclonal antibody denosumab for postmenopausal osteoporosis (PMO) in Europe, Australia, New Zealand and Mexico once the product is approved in these countries.
Amgen's Second Quarter 2009 Adjusted Earnings Per Share Increased 13 Percent To $1.29
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- Category: Amgen
Amgen (Nasdaq: AMGN) reported adjusted earnings per share (EPS) of $1.29 for the second quarter of 2009, an increase of 13 percent compared to $1.14 for the second quarter of 2008. Adjusted net income increased 6 percent to $1,311 million in the second quarter of 2009 compared to $1,235 million in the second quarter of 2008.
Q2/2009: Merck Revenues Remain Steady at € 1.9 Billion
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- Category: Merck Group
Merck KGaA announced that Group total revenues were steady in the second quarter and in the first half of 2009 at € 1,902 million and € 3,756 million, respectively. Royalty income was down 14% to € 75 million in the second quarter but up 7.0% to € 173 million in the first half.
The US Food and Drug Administration (FDA) has approved Tekturna HCT®
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- Category: Novartis
The US Food and Drug Administration (FDA) has approved Tekturna HCT® (aliskiren and hydrochlorothiazide) tablets as initial therapy for patients who are likely to need multiple drugs to achieve their blood pressure goals.
Genzyme Delivers Solid Second-Quarter Financial Results
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- Category: Genzyme
Genzyme Corp. (NASDAQ: GENZ) reported that second-quarter revenue rose to $1.23 billion, compared with $1.17 billion in the same period a year ago, an increase of 5 percent. Including the $66 million impact of unfavorable currency exchange rates, revenue grew 11 percent in the second quarter.
More Pharma News ...
- Pfizer Reports Second-Quarter 2009 Revenues of $11.0 Billion
- Xeloda in combination with oxaliplatin shown to be effective in early colon cancer
- Nycomed announces FDA filing for Daxas® in COPD
- Novartis delivers strong operational performance in the first half of 2009
- Pfizer Receives Approval From European Commission For Pending Acquisition Of Wyeth
- Pfizer Announces New Phase 1 Data From Two Novel Compounds For Alzheimer's Disease
- GSK announces new commitments to fight HIV/AIDS in Sub-Saharan Africa