Bristol-Myers Squibb delivers a solid first quarter
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- Category: Bristol-Myers Squibb
Bristol-Myers Squibb Company (NYSE: BMY) announced first quarter results that included double-digit earnings growth and important R&D milestones in its metabolics and hepatitis C (HCV) franchises. The Company also confirmed guidance for 2012.
Encouraging start to the year for Bayer
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- Category: Bayer
Sales of the Bayer Group advanced by 6.8 percent in the first quarter, to a record EUR 10,056 million (Q1 2011: EUR 9,415 million). Adjusted for currency and portfolio effects, business expanded by 5.2 percent. The operating result (EBIT) climbed by 42.6 percent to EUR 1,637 million (Q1 2011: EUR 1,148 million).
AstraZeneca and The Medicines Company announce global collaboration in acute ischaemic heart disease
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- Category: AstraZeneca
AstraZeneca and The Medicines Company announced a global collaboration for their acute ischaemic heart disease compounds. The first part of this collaboration is a US co-promotion for AstraZeneca's oral antiplatelet medicine BRILINTA.
Amgen's first quarter 2012 revenue increased 9 percent to $4.0 billion
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- Category: Amgen
Amgen (NASDAQ:AMGN) reported total revenue increased 9 percent during the first quarter of 2012 to $4,048 million versus $3,706 million in the first quarter of 2011. Adjusted earnings per share (EPS) were $1.61 for the first quarter of 2012, an increase of 20 percent compared to $1.34 for the first quarter of 2011.
Strong sales performance in pharmaceuticals and Alcon
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- Category: Novartis
Novartis net sales declined by 2% (-1% cc) to USD 13.7 billion. Currency negatively impacted sales by 1% due to the strengthening of the dollar against many currencies. Products launched since 2007 drove the Group to strong volume growth of 5 percentage points versus the previous year.
Novo Nordisk and Oxford University team up to develop novel treatments
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- Category: Novo Nordisk
Today, Novo Nordisk and the Kennedy Institute of Rheumatology at Oxford University jointly announced a new partnership to develop promising new drug candidates and identify novel biomarkers and treatment targets for rheumatoid arthritis and other autoimmune inflammatory diseases.
AstraZeneca to acquire Ardea Biosciences for $1 billion
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- Category: AstraZeneca
AstraZeneca and Ardea Biosciences, Inc. (Ardea) have entered into a definitive merger agreement, pursuant to which AstraZeneca will acquire Ardea, a San Diego, California-based biotechnology company focused on the development of small-molecule therapeutics.
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