Aspen, GSK team up to extend foothold in Japan

2014-10-09 13:24

South Africa's Aspen Pharmacare has teamed up with shareholder GlaxoSmithKline to extend its foothold in Japan, a lucrative market for low-cost medicines.

Allergan approaches Salix to fight Valeant bid

2014-08-20 09:54

Botox-maker Allergan has approached Salix Pharmaceuticals about a potential takeover that could scuttle Valeant Pharmaceuticals' hostile bid for Allergan.

Private equity firms mull merger of GSK

2014-08-04 10:30

Private equity firms are mulling over a $10bn plan to buy and merge older drug brands of Britain's GlaxoSmithKline and France's Sanofi, according to a report.

Aspirin maker Bayer's earnings disappoint

2014-07-30 11:45

German chemicals and pharmaceuticals giant Bayer maker of Aspirin painkiller, has reported a 13% surge in its net profit in the Q2.

Pharma giant Novartis' profits soars

2014-07-17 09:43

Swiss pharmaceutical giant Novartis says its net profits for the first half have shot up by 13%, and has stuck by its forecast of continued sales growth.

Pfizer pledges to ringfence key new drugs

2014-05-14 18:30

Pfizer will ringfence the development of important drugs if it acquired AstraZeneca, rejecting a charge that a takeover would disrupt important research.

Pfizer defends "powerhouse" Astra deal

2014-05-12 16:49

Pfizer has defended the business case behind its plan to acquire AstraZeneca and questioned the UK drugmaker's ability to stand alone.

UK lawmakers summon Pfizer, AstraZeneca

2014-05-06 13:00

Representatives from drugmaker Pfizer and pharmaceutical firm AstraZeneca will be called before a parliamentary committee to discuss a potential takeover deal.

Pfizer raises AstraZeneca offer

2014-05-02 11:15

US drugmaker Pfizer has raised its offer for AstraZeneca and says the British drugmaker is reviewing the proposal.

Pfizer chases AstraZeneca for potential deal

2014-04-29 11:32

US drugmaker Pfizer has approached Britain's AstraZeneca to reignite a potential takeover and was rebuffed, raising investor expectations.

Improper use causing antibiotic resistance

2014-01-21 05:00

Antibiotic resistance is being allowed to spread through an entirely preventable means – improper use of antibiotics.

GSK sells thrombosis drugs to Aspen for $1bn

2013-09-30 14:16

UK drug maker GlaxoSmithKline has agreed to sell its thrombosis drug brands and a related factory to Aspen Pharmacare for £700m.

EU regulator digs in for drug data fight

2013-05-01 11:36

Europe's medicines regulator is digging in for a fight over data transparency after being stopped from releasing information from two US companies by a court ruling.

Cabinet moots health product regulator

2011-11-24 13:28

The cabinet has agreed to the setting up of an SA Health Products Regulatory Authority to police items for humans and animals.

Merck sells local unit

2011-05-04 18:15

Pharmaceuticals firm Merck South Africa has sold its manufacturing operations to Nkunzi Investment Holdings.

Adcock seeks more partnerships

2010-06-24 13:14

Partnering with reputable multinationals will aid the credibility of Adcock Ingram Holdings as it explores business opportunities outside SA, says its CEO.


Adcock shares boost on Bidvest news

2014-08-22 11:03

Shares of Adcock Ingram has surged more than 4% in early trade on news that top shareholder Bidvest Group is looking to raise its stake in the drugmaker.

Pfizer confronts surge of lawsuits over Lipitor

2014-08-08 09:35

Pharmaceutical giant Pfizer is facing a wave of lawsuits by women who allege that the company knew about serious side effects of its anti-cholesterol drug.

AstraZeneca raises forecasts

2014-07-31 12:19

AstraZeneca has raised its sales and earnings forecasts for the year, showing resilience after seeing off a $118bn takeover approach from rival Pfizer.

Reckitt Benckiser to spin off pharmaceuticals

2014-07-28 12:30

British household goods firm Reckitt Benckiser has decided to spin off its pharmaceuticals division, after a strategic review.

Pfizer move on Astra threatens UK science

2014-05-15 17:45

Pfizer's potential takeover of AstraZeneca poses a threat to British science unless the US drugmaker can give more concrete enforceable guarantees on jobs.

Pfizer could raise $106bn AstraZeneca offer

2014-05-14 11:38

US drugmaker Pfizer has hinted on raising its proposed offer if AstraZeneca would engage in talks, as its boss was grilled by UK lawmakers.

Pfizer presses AstraZeneca case

2014-05-12 11:10

US drugmaker Pfizer has pressed the scientific case for its controversial plan to acquire AstraZeneca as its CEO prepares for a grilling from UK lawmakers.

Pfizer profits decline

2014-05-05 15:08

The effect of expiring patents has pushed Pfizer earnings lower, as the pharmaceutical giant reiterated its interest in acquiring British company AstraZeneca.

Pfizer CEO to pitch Astra deal

2014-04-30 13:15

Pfizer chief executive Ian Read has flown into London to pitch his planned $100bn takeover of rival British drugmaker AstraZeneca.

Pfizer chasing AstraZeneca in $100bn deal

2014-04-28 11:14

US drugmaker Pfizer wants to buy AstraZeneca in a deal that could value its UK rival at over $100bn, creating a new giant on the global pharmaceuticals scene.

Improper use causing antibiotic resistance

2014-01-20 13:45

Antibiotic resistance is being allowed to spread through an entirely preventable means – improper use of antibiotics.

Adcock gets proposals for 100% aquisition

2013-05-09 16:24

Non-binding proposals that may lead to the selling of Adcock Ingram as a whole, or a controlling stake thereof, have been received, the company says.

Cipla Medpro's India deal on hold

2013-02-11 13:16

The acting CEO of Cipla Medpro says the firm has not received any communication from its Indian suitor Cipla that an acquisition deal has been put on ice.

Adcock eyes higher earnings

2011-10-28 15:49

SA's largest pharmaceutical maker says it expects headline earning per share for the year to be at least 29% higher.

EU to probe pharmaceutical industry

2010-12-03 14:26

The European Commission says it will be inspecting the pharmaceutical sector amid suspicions companies are colluding to block the development of cheaper generic drugs.

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