pharmaceutical News

Sanofi Unveils Ambitious $20 Billion US Investment Plan for Healthcare Innovation by 2030

Sanofi SA announces a $20 billion investment in the US by 2030 to expand manufacturing and R&D, aiming to secure medicine production and foster healthcare innovation.

Dr Reddy's Laboratories Reports a Stellar 21% Jump in Q4 Net Profit to Rs 1,587 Crore

Dr Reddy's Laboratories reports a 21% rise in Q4 net profit to Rs 1,587 crore, driven by robust sales in the US and India. The company also announces a final dividend and leadershi...

Biogen Reports a 6% Revenue Increase to $2.4 Billion in Q1 2025, Signaling Strong Growth

Biogen Inc. reports a 6% revenue increase to $2.4 billion in Q1 2025, with a net income of $240.5 million. CEO highlights growth strategy and portfolio transformation.

GSK Reports a 2% Rise in Q1 Sales to £7.5 Billion, Marking Strong Start to 2023

GSK plc reports a 2% increase in Q1 sales to £6.95 billion, with significant growth in earnings and operating profit. CEO Emma Walmsley highlights the company's strong portfolio an...

Pfizer Reports an 8% Drop in Q1 Revenue to $13.7 Billion Amid Strategic Financial Adjustments

Pfizer Inc. announced an 8% decrease in Q1 revenue to $13.7 billion for FY2025, with a 5% drop in net income and EPS. CFO David Denton highlights operational efficiency driving res...

Pfizer's Financial Resilience Shines: Q1 Revenue Hits $13.7 Billion Despite 8% Dip

Pfizer Inc. announced its Q1 2025 financial results, revealing an 8% annual revenue decrease to $13.7 billion. Despite a 5% drop in net income and EPS, the company's shares rose by...

Merck Reports a 2% Dip in Q1 Sales to $15.5 Billion Amidst Strategic Growth Moves

Merck & Co. reports a 2% sales drop to $15.5 billion in Q1 2025 but sees a 7% rise in net income and EPS. CEO emphasizes strategic growth and innovation.

Merck Reports Slight Dip in Q1 Sales to $15.5 Billion Amid Strong Earnings Growth

Merck & Co. reports a 2% sales decline to $15.5 billion in Q1 2025 but sees a 7% increase in net income and EPS. CEO Robert M. Davis emphasizes progress in new medicines and pipeli...

Merck Reports a Slight Dip in Q1 Sales to $15.5 Billion Amidst Strong Earnings Growth

Merck & Co., Inc. reported a 2% decline in Q1 sales to $15.5 billion for fiscal 2025, but showcased a 7% increase in net income and EPS. CEO Robert M. Davis highlighted progress in...

Merck Reports a Slight Dip in Q1 Sales to $15.5 Billion Amidst Growth in Net Income

Merck & Co., Inc. reports a 2% decrease in Q1 sales to $15.5 billion but achieves a 7% growth in net income and EPS. CEO highlights progress in medicines and vaccines, with stock p...

Merck Reports a 2% Dip in Q1 Sales to $15.5 Billion Amidst Strategic Growth Moves

Merck & Co., Inc. announced a 2% year-on-year sales decline to $15.5 billion in Q1 2025, alongside a 7% increase in net income and EPS. CEO Robert M. Davis highlighted strategic gr...

Eli Lilly's Weight-Loss Drug Breakthrough Sparks 13% Stock Surge in Premarket Trading

Eli Lilly and Co. shares surged over 13% in premarket trading following the announcement of positive phase 3 results for its ACHIEVE-1 weight loss drug, marking a significant miles...

Dr. Reddy's Laboratories Denies Workforce Reduction Rumors, Calls Reports 'Factually Incorrect'

Dr. Reddy's Laboratories denies rumors of a 25% workforce cost reduction, calling the reports 'factually incorrect'. The company emphasizes its commitment to regulatory disclosures...

KKR to Offload 10% Stake in JB Chemicals for Rs 2.6k Crore: A Strategic Move?

KKR, through Tau Investment Holdings, is selling a 10.2% stake in JB Chemicals for Rs 2,575 crore via block deals, at a 5% discount to the market price. This move could mark a sign...

Aurobindo Pharma's Subsidiary Ends Partnership with Hilleman Labs on Pediatric Vaccine Development

Aurobindo Pharma's subsidiary, Auro Vaccines Pvt Ltd, has terminated its licensing agreement with Hilleman Laboratories for a pediatric pentavalent vaccine. The termination, effect...

Bayer's Stock Soars 4.7% Following Impressive Q4 Earnings Surpassing Expectations

Bayer AG's stock rose 4.7% after announcing Q4 2024 earnings exceeding expectations, with €1.9 billion EBITDA and €11.7 billion sales. Despite a tough 2025 forecast, the company an...

Walgreens Faces a Potential Three-Way Split in Landmark Buyout Deal

Walgreens Boots Alliance Inc. may undergo a significant transformation with a potential buyout by Sycamore Partners, leading to a strategic split into three main businesses: Walgre...

Pfizer's Bold 2025 Revenue Projection: A Closer Look at the $64 Billion Forecast

Pfizer projects its 2025 revenue to reach up to $64 billion, with steady COVID-19 product sales and anticipated operational growth of 10% to 18% year-over-year.