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...Conditions for labour organising are “more favourable than anytime in decades”, said Aaron Sojourner, an economist at the W E Upjohn Institute for Employment Research....
...The state of Michigan is spending between $160,000 and $210,000 for every job created or retained through GM’s new investments, said Tim Bartik, senior economist at the WE Upjohn Institute for Employment...
...Tulsa, Oklahoma, is offering remote workers $10,000 and access to co-working spaces if they relocate for a year....
...GSK and Pfizer are uniting and spinning off their consumer health divisions, which sell over-the-counter products, while Pfizer is in the process of trying to combine its generics business Upjohn with the...
...Pfizer, which has a significant generics business in Upjohn, said it was monitoring the situation closely but had not seen any disruption so far....
...Mr Greene has also worked on many complex M&A deals, including pharmaceutical company Mylan’s pending $50bn combination with Upjohn, a division of Pfizer....
...“Today’s M&A market is driven by companies looking to become stronger to withstand periods of uncertainty,” said Chris Ventresca, global co-head of M&A at JPMorgan Chase....
...Pfizer’s biopharmaceuticals unit Upjohn reported 25 per cent growth year-on-year in emerging markets, driven by sales of the statin Lipitor, Norvasc for angina and the arthritis treatment Celebrix in China...
...It was formed in November from a combination of Mylan and Pfizer’s Upjohn unit, creating a large company focused on selling generics, particularly outside the US....
...He also served as chief executive of Pharmacia Corporation and was also a partner at Warburg Pincus from 2011 to 2017....
...The academics needed an industrial partner, but Mr Curstedt says that Pharmacia, a Swedish drugs company which has since become part of Pfizer, felt “the sales were too small and the marketing costs too...
...The sale of Meda risks a further hollowing out of Sweden’s pharmaceuticals sector, which in the past two decades has seen Pharmacia bought by Pfizer of the US and Astra merged with Zeneca of the UK....
...The sale of Meda risks a further hollowing out of Sweden’s pharmaceuticals sector, which in recent decades has seen Pharmacia bought by Pfizer of the US and Astra merged with Zeneca of the UK....
...to Upjohn of the US and then Pfizer....
...It was not until 1986 that the US Patents and Trademark Office ruled that Kahn should be acknowledged as co-inventor....
...She also believes that Pfizer was less to blame over Pharmacia than some suggest....
...The company declined to comment on the Pharmacia deal....
...Mr Heldin said foreign takeovers of both Astra and Pharmacia, which was first bought in 1995 by Upjohn of the US, had been “very bad” for Sweden....
...Pharmacia co-authored about 200 Swedish research papers each year through the 1990s....
...“There is its acquisition of Warner-Lambert in 2000 in the US; Pharmacia in Sweden in 2003; and Wyeth in the US in 2000, and that led to deep cuts in the research facilities, it led to intellectual asset-stripping...
...So has the independence of that country’s entire pharmaceutical sector, with Pharmacia absorbed by Pfizer of the US and Astra merged into AstraZeneca, based in the UK....
...of 42 medicines approved by CDSCO officials and examined by the health committee, it said 11 had not involved mandatory late stage trials in patients, including drugs made by GlaxoSmithKline, Sanofi and Pharmacia...
...Pfizer has led the consolidation, having become the world’s biggest drug company by swallowing up Warner Lambert, Pharmacia, Wyeth and others....
...Pfizer learned its lesson after its two other deals this decade, Warner-Lambert in 2000 and Pharmacia in 2003, gave it access to blockbusters but destroyed shareholder value (particularly the latter, which...
...Acquired when Pfizer bought Pharmacia in a takeover completed in 2000, Bextra, a painkiller in the same Cox-2 class as Merck’s Vioxx, was one of two drugs drawn to the attention of regulators and lawyers...
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