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...He said its products complied with the EU’s “extremely strict” production standards and that its factories were comparable “to the Pfizers of the world”....
...Soriot’s new pay deal comes after the company hit a $45bn sales target in 2023 that the chief executive had set in 2014 when the company fended off a takeover bid from US rival Pfizer....
...The sector is seeing growth and innovation even from established players such as pharmaceuticals giant Almac, which grew out of Northern Ireland’s first £1 billion company and is now building new manufacturing...
...In February, the UK pharmaceuticals company hit a long-term sales target that once seemed out of reach....
...wants a pivot in the biotech’s sales strategy for its Covid-19 shot, which is based on traditional vaccine technology, to target older people unnerved by rare side effects associated with mRNA jabs from Pfizer...
...Ireland’s economy has officially entered recession after contracting by 1.9 per cent in the third quarter, pushed lower by a drop in pharmaceutical exports....
...In Ireland, it has declined to compensate people given experimental vaccines as children by its predecessor companies in the country’s notorious mother and baby homes....
...In response to these concerns, Pfizer initiated a significant cost-cutting programme, worth at least $4bn....
...Despite splashing out nearly $55bn on two major acquisitions over the past two years, the pharmaceutical company is worth less than it was before the pandemic....
...The US government arranged with Pfizer to return 7.9mn Paxlovid courses at the end of 2023, at an estimated cost to the company of $4.2bn....
...that are being made in Ireland being sold and used in Ireland as well....
...Goodbody estimated that part of the recent decline in Ireland’s industrial output reflected “the fall-off in pharmaceutical exports after the Covid boom”....
...Rival pharmaceutical groups are eager to enter the market, including AstraZeneca, which recently signed a licensing deal with Chinese company Eccogene for the rights to its weight loss pill....
...Ireland’s Mother and Baby Homes Commission of Investigation in 2021 detailed the “systemic vaccine trials”....
...Big airlines and the Irish prime minister have warned that maintaining the cap could hit an economy where multinationals such as Microsoft, Apple, Google and Pfizer pay billions of euros in corporation tax...
...Shares in consumer pharmaceutical group Haleon rose 8 per cent on Thursday after it forecast stronger than anticipated sales for 2024 and announced share buybacks worth £500mn....
...Partners have included Pfizer and Eli Lilly and it generated Rmb16.1bn ($2.2bn) in revenues last year from the 20 largest names and earned Rmb26bn — about two-thirds of its revenues — from the US, which...
...Ireland is now a manufacturing centre for some of the world’s top-selling drugs, including Merck’s cancer therapy Keytruda and Pfizer’s Covid-19 vaccine....
...Germany’s BioNTech, which developed its own mRNA-based Covid vaccine with Pfizer, has also scaled back its African ambitions but has broken ground on a vaccine manufacturing site in Rwanda....
...Share moves to note on the New York Stock Exchange include Vertex Pharmaceuticals, Apple and Pfizer: Apple gained 1.7 per cent to a record high close of $197.96 a share....
...Strong vaccine sales powered British pharmaceutical company GSK to higher than expected earnings in 2023, as the company’s new RSV jab gained “blockbuster” status just over six months after its US launch...
...Pharmaceutical companies must replenish their drugs pipeline before exclusivity rights on top-selling products expire....
...The world’s top global tech and pharmaceutical companies have set up in the country and are major contributors to state coffers via their taxes....
...Since it was spun off from pharmaceutical giant GSK in 2022, the London-listed company has taken steps to streamline its business with a restructuring programme and job cuts, together with the disposal of...
...There have been large investments in vaccine delivery systems in recent years, such as the mRNA technology used for the BioNTech/Pfizer and Moderna Covid-19 vaccines....
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