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...It has also worked on drug development for US pharma company Johnson & Johnson, Danish biotech group Genmab and British biotech Iksuda therapeutics....
...Lars Fruergaard Jørgensen, chief executive of Novo Nordisk, Europe’s largest pharma group by market capitalisation, was paid DKr68mn (£7.8mn) last year....
...Investor excitement about Zealand comes as pharma groups seek to follow Novo Nordisk and Eli Lilly into the lucrative obesity market....
...However, a Japanese executive from Astellas Pharma was arrested last year in China on suspicion of espionage....
...The US’s lead in the pharma industry means that European companies are in a battle for talent with rivals that pay much higher salaries....
...Pharma companies, while talking up pipelines, are turning to deals to boost their growth outlook....
...It already made its diagnostics products in the country but had “limited manufacturing for pharma”, he added....
...The US drugmaker, a top-10 pharma company by sales, relies on WuXi AppTec sister company WuXi Biologics to manufacture some of the active pharmaceutical ingredients in its blockbuster cancer pill Revlimid...
...Pharma groups contest the lab’s results and practices....
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...Privately held German pharma group Boehringer Ingelheim and Zealand Pharma’s survodutide treatment had a “statistically significant improvement” for 83 per cent of patients with metabolic dysfunction-associated...
...“I’d put Vertex in my pharma top three [to invest in].” This year, Vertex’s market capitalisation surpassed $100bn for the first time....
...Under the commission’s proposed new pharma plans, which are still under discussion and have not yet become law, manufacturers would be required to market new drugs in all 27 EU countries within two years...
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...But there is an opportunity for local pharma groups. Nomura reckons they could take a fifth of the market by 2033. Currently there are more than 100 GLP-1 pipeline drugs under development....
...Pharma companies contribute 70 per cent of a slice of the costs below that. This component will be scrapped from 2025....
...The stock bucked the wider pharma sell-off, rising 60 per cent last year. A price to forward earnings multiple of over 50 values the stock more like a tech company than a pharma group....
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...The business has “the broadest and deepest pipeline of any [European] pharma company” said analysts at Barclays, with more than a dozen drugs reaching blockbuster status, with more than $1bn in sales in...
...That push would provide a welcome boost for the biggest local biotech and pharma groups, including Jiangsu Hengrui, WuXi Biologics, Shanghai Fosun Pharma and Sinopharm....
...Pharma confab returns with more swagger Some 8,000 lanyarded pharma executives, bankers and investors descended on a drizzly downtown San Francisco this week for the annual JPMorgan Healthcare Conference...
...V-over-a-tee look, à la Neil Barrett....
...GSK has struck a $1.4bn deal to acquire Anglo-American biotech Aiolos Bio, which makes respiratory medicines, as the British pharma group seeks to broaden its range of asthma treatments....
...As healthcare systems around the world put pressure on drug prices, pharma companies are also looking for ways to cut costs in research and development....
...Pharma’s first movers can often prove resilient, despite rivals trying to muscle in. Merck’s blockbuster Keytruda managed this in cancer therapy with its checkpoint inhibitor....
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