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...The discussion shows the significant restructuring multinational corporations could be forced to undertake as they adapt to growing friction between China and the US and its allies....
...Large pharma companies have warned that a sharp rise in a tax on drug costs, the increase in corporation tax and the difficulty of introducing innovative products into the NHS are all reducing the draw of...
...Ireland’s corporation tax receipts bounced back strongly in November after three months of falls, alleviating fears that a bonanza from international technology and pharmaceutical companies in the country...
...Also in the frame are the technology and pharmaceutical sectors. Their wealth of intellectual property makes them particularly adept at shifting profits....
...AstraZeneca has signed a deal worth up to $247mn with Absci Corporation of the US to design an antibody to fight cancer, the latest tie-up in fast-expanding efforts to use artificial intelligence for drug...
...In addition, it has gone into communities to reach more people, entering a partnership with US pharmaceutical group Pfizer that has so far screened 2.5mn impoverished people for cancer....
..., an economist at Pantheon Macroeconomics, said the eurozone figures were “distorted” by the “whopping” fall in Ireland, “where the industrial production figures are heavily influenced by multinational corporations...
...Ireland is set to invest more than half of its coming corporation tax windfall in two new sovereign wealth funds, providing revenue for infrastructure projects and future economic challenges....
...Its 12.5 per cent tax rate helped attract global tech and pharmaceutical companies and has led to bumper returns....
...In second place, with five promotions and demotions, is Hikma Pharmaceuticals....
...Pharmaceutical group Pfizer and law firms Morrison Foerster and Perkins Coie opened up applications to their diversity fellowships to students of all races last autumn after lawsuits accused them of racial...
...Buyout groups saw that a chain of vets has far greater bargaining power when it comes to negotiating prices with pharmaceutical companies than an independent clinic, said RBC Capital analyst Charles Weston...
...Last week, I tweeted the following: “What do Boeing, the collapsed bridge in Baltimore, shortages of critical pharmaceuticals, Donald Trump’s ridiculous new Spac, and an unprecedented amount of speculation...
...That compares with a 13 per cent gain for the NYSE Arca Pharmaceutical Index over the same period. Eli Lilly commands the higher premium....
...But it’s one of the most important companies in the global biotechnology and pharmaceutical industries, relied upon as a manufacturer of novel and often lucrative drugs....
...“American corporations that want to operate in Europe are going to have to abide by regulations around disclosure and reporting that they have been fiercely lobbying against in the US,” said Mark Campanale...
...Hungary has imposed levies on all financial institutions, including insurance companies, as well as pharmaceutical groups....
...As a professor and later dean of the University of Oxford’s Saïd Business School, and as an adviser on regulation, on the UK’s environmental legacy and the future of the corporation, Mayer has demonstrated...
...One senior UK investment banker said there was “a bit of a brain drain” away from listed corporations towards private equity-backed businesses....
...A 2021 report by the Rand Corporation found Americans pay on average two and a half times more for prescription drugs than 32 comparable countries in the OECD....
...“There’s a backlash against corporations using commercial power to advance political and social agendas,” he said....
...The FT’s US pharmaceutical correspondent Jamie Smyth helps us explore whether J&J’s use of this manoeuvre is setting a precedent for corporations to evade accountability in America....
...This discussion covers how to bolster the availability of critical mineral supplies and key pharmaceutical inputs monopolised by China....
...Wang has already spearheaded a partnership with state-backed investment bank China International Capital Corporation to create a $1bn fund to invest in local start-ups....
...He founded and later sold the companies Pharmaceutical Product Development, a contract research organisation, and Furiex Pharmaceuticals, whose leading product was a diarrhoea medication....
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