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Indian drugs group eyes $5 bn Swedish deal

2013-06-01 06:05:22| Chemicals - Topix.net

Indian group Sun Pharmaceutical Industries is in talks to buy leading Swedish drugmaker Meda AB in what could result in a $5 billion takeover, the Wall Street Journal reported on Friday.

Tags: group eyes deal indian

 

Immune system cancer drugs tipped to be a $35 billion market

2013-05-22 18:46:07| Biotech - Topix.net

A new wave of medicines that tap the power of the immune system to fight cancer could become the biggest drug class in history, with potential sales of $35 billion a year.

Tags: system market cancer drugs

 
 

Gilead Misses Analysts' Profit Estimates on Sales of HIV Drugs

2013-05-03 16:39:43| Biotech - Topix.net

Gilead Sciences, the world's biggest maker of AIDS medicines, reported first-quarter profit that missed analysts' estimates on declining sales of its HIV drugs.

Tags: sales profit estimates drugs

 

UPDATE 2-New drugs help Actavis beat profit estimates

2013-05-03 08:30:27| Biotech - Topix.net

Generic drugmaker Actavis Inc, formerly Watson Pharmaceuticals, reported a higher-than-expected first-quarter profit after launching several new products, and raised its full-year profit forecast.

Tags: update profit beat estimates

 

Danish drug maker Novo Nordisk Q1 net profits up 28 per cent on strong sales of diabetic drugs

2013-05-01 12:59:44| Biotech - Topix.net

Danish pharmaceutical company Novo Nordisk A/S says first-quarter net profit rose 28 per cent on strong sales of its diabetic drugs.

Tags: net sales strong drug

 

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