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pharmaceuticals

  • GSK: Good news for pharma giant as approval granted to expand vaccine use

    June 10, 2024

    The FDA has expanded its approval of a GSK vaccine that prevents respiratory syncytial virus (RSV) to affect younger adults, in a move the company hopes will prevent thousands of hospitalisations each year.

  • Angle: Pharma firm’s share price plunges after missing market forecasts

    June 5, 2024

    Angle also today announced a plan to raise about £8.5m through a combination of new share placements and subscriptions.

  • Astrazeneca swallows up Canada-based Fusion Pharmaceuticals in £1.5bn move

    June 5, 2024

    Astrazeneca has completed its $2bn (£1.5bn) acquisition of Canada-based Fusion Pharmaceuticals, in a deal first announced in March.

  • GSK: How much could the Zantac lawsuits cost?

    June 3, 2024

    Last month, Shore Capital analysts estimated that up to $30bn (£24bn) for litigation was already priced into GSK’s shares.

  • Boots: Profit surges at British icon as owner mulls £7bn London float

    May 29, 2024

    Historic pharmacy chain Boots has reported a surge in its pre-tax profit for its latest financial year amid reports its owner is considering a £7bn float in London.

  • Astrazeneca to build huge new cancer drug plant in Singapore

    May 20, 2024

    Astrazeneca has said it will invest $1.5bn (£1.2bn) to build a manufacturing facility in Singapore to produce antibody drug conjugates (ADCs), a next-generation cancer treatment.

  • Ozempic and Wegovy: What happens when a drug goes viral?

    May 18, 2024

    Novo Nordisk's Wegovy and Ozempic have been heralded as the solution to the world's growing obesity problems. But when celebrities and influencers misuse them and start documenting their weight loss journeys online, should we take stock?

  • Haleon posts healthy first quarter update after UK job cuts

    May 1, 2024

    Revenue at Haleon was up in the first quarter despite its announcement yesterday that it would cut over 400 jobs in the UK, as the consumer healthcare firm posted a quarterly update in line with expectations.

  • Drugmaker Indivior seeks shareholder approval to move primary listing from London to New York

    April 25, 2024

    Opioid dependence treatment maker Indivior has confirmed a plan to move its primary stock market listing from London to New York this summer in yet another blow to the capital's beleaguered bourse.

  • Angle agrees deal with Astrazeneca for tech to kill cancer cells

    April 24, 2024

    This is expected to be driven by an increase in the use of combination therapy for the treatment of drug-resistant cancers and the need for novel targeted medicines for cancer treatment. 

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