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Pharma

  • Meet the founder searching for the ‘holy grail’ of cancer treatment

    October 8, 2024

    Jennifer Sieg speaks with Hilmar Warenius about how his discovery of a new type of cancer treatment could be well on its way to revolutionising the pharmaceutical industry

  • Astrazeneca drags down the FTSE 100 following mixed cancer trial results

    September 10, 2024

    Shares in Astrazenca and Daiichi Sankyo nose dived today after the pair revealed mixed results in their lung cancer drug's late-stage trial.

  • GSK receives US breakthrough therapy designation for lung cancer treatment

    August 20, 2024

    Pharmaceutical group GSK has been granted breakthrough therapy designation by the US Food and Drug Administration (FDA) for a key lung cancer treatment. The breakthrough therapy designation is designed to expedite the development and review of drugs with the potential to treat a serious condition. Only treatments that are shown to offer a substantial improvement [...]

  • Hikma given shot in the arm by ‘excellent’ double-digit growth

    August 8, 2024

    Pharmaceutical firm Hikma has hiked its dividend and raised its guidance having hailed an “excellent” first half of the year. The Jordanian-founded FTSE 100 pharma firm, which in June bolstered its injectables offering with the purchase of Danish rival Xellia, posted a double-digit revenue rise of 10 per cent, raking in $1.6bn (£1.3bn) in the [...]

  • 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 [...]

  • 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.

  • 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.

  • Astrazeneca drug gets US approval for use on endometrial cancer

    June 17, 2024

    Astrazeneca's Imfinzi drug has gained FDA approval for use on patients with primary or advanced endometrial cancer.

  • Hikma bolsters US injectables offering with purchase of Danish competitor

    June 17, 2024

    Hikma Pharmaceuticals has bolstered its US injectables capabilities with the purchase of several divisions of Danish competitor Xellia Pharmaceuticals.

  • Tables turned? Cambridge pharma firm launches hostile bid for New York-listed peer

    June 7, 2024

    Vanda Pharmaceuticals, based in Washington DC, confirmed the receipt of Cycle’s “unsolicited, non-binding indication of interest” and stated it would carefully review and evaluate the proposal.

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