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Tag: drugmaker
Drugmaker Merck posts spike in 4Q profit, beats forecasts
2015-02-04 14:42:26| Biotech - Topix.net
Drugmaker Merck & Co.' s fourth-quarter profit skyrocketed to $7.32 billion, skewed by an $11.2 billion gain from selling its consumer care business to Germany's Bayer AG.
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profit
beats
forecasts
British drugmaker cutting hundreds of US jobs
2014-12-04 22:49:56| Biotech - Topix.net
This April 28, 2010 file photo shows British drugmaker GlaxoSmithKline's headquarters in London. Hundreds of GlaxoSmithKline's 17,000 U.S.-based employees will lose their jobs by the end of 2015 under the pharmaceutical industry's latest restructuring.
Tags: jobs
british
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cutting
Ackman's Pershing Square Takes Stake in Drugmaker Zoetis
2014-11-12 07:08:47| Biotech - Topix.net
Bill Ackman 's Pershing Square Capital Management LP acquired an 8.5 percent activist stake in animal drug maker Zoetis Inc. , sending its shares to a record high yesterday. Ackman informed Zoetis of the stake in a phone call, the company said in a statement, without providing further details.
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pershing
Drugmaker Sanofi Fired Its CEO For Being Insufficiently French, And The Stock Is Tanking
2014-10-29 13:50:25| Biotech - Topix.net
The firing is ironic because Viehbacher was brought in originally to de-Frenchify the company . When he was hired, the company wrote its press releases in a sort of strangled "Franglais," using English peppered with French spellings like "Septembre."
Exclusive: Drugmaker GSK Investigating Corruption Allegations In UAE
2014-10-07 19:54:35| Biotech - Topix.net
Drugmaker GlaxoSmithKline, which was slapped with a record $489 million fine for corruption in China last month, said on Tuesday it was looking into allegations of corruption in the United Arab Emirates. Britain's biggest pharmaceuticals group confirmed the investigation following allegations of improper payments set out in a whistleblower's email sent to its top management on Monday.
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corruption
investigating
allegations
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