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pharmaceuticals

  • GSK: Pharma giant raises guidance after second quarter sales give shot in the arm

    July 31, 2024

    London-listed pharma giant GSK has raised its guidance after a strong second quarter beat market expectations, boosted by its cancer and HIV portfolio. Total sales in the second quarter of 2024 reached £7.9bn, an increase of 13 per cent year on year. Core operating profit at the pharma company rose by 18 per cent on [...]

  • Astrazeneca shares fall after FTSE giant’s forecast lift fails to inspire

    July 25, 2024

    In the first half of 2024, Astrazeneca reported an 18 per cent year-on-year increase in total revenue, reaching $2.6bn (£2bn).

  • Eco Animal Health beats expectations thanks to Americas growth

    July 15, 2024

    Animal vaccine firm Eco Animal Health beat earnings expectations despite continuing volatility in currency, thanks largely to its "robust" demand for its flagship vaccine and consistent market leading position.

  • Indivior shares plunge after US move and profit warning

    July 9, 2024

    Indivior lowered its annual adjusted operating profit forecast and shares in the company plunged.

  • British Patient Capital invests £90m London biotech company

    July 8, 2024

    British Patient Capital recently also invested £10m into biotech firm Curve Therapeutics to support its cancer drug discovery technology.

  • UK less ready for next pandemic than before Covid – Oxford vaccinologist

    July 3, 2024

    The UK's state apparatus is less prepared to deal with a pandemic today than it was before Covid, one of the professors in charge of the Oxford Astrazeneca vaccine rollout has warned.

  • GSK to pay Curevac £1.2bn for full rights to develop and commercialise mRNA vaccines

    July 3, 2024

    GSK will assume full control of developing and manufacturing the candidate vaccines and will have worldwide rights to commercialise them.

  • US drug giant Pfizer beats GSK to UK government contract for 4.9m vaccine shots

    June 25, 2024

    Pfizer has beaten GSK to win a contract to supply millions of doses of a new respiratory vaccine in the UK after the government snubbed the local drugmaker.

  • Alliance Pharma sees profit and revenue spike amid ongoing uncertainty

    June 19, 2024

    Alliance Pharma has hailed its strong second half performance for helping it to record sales and additional profit expansion in its preliminary results despite the healthcare group having delayed its audited results three times this year.

  • 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.

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