Tuesday 19 March 2024
 
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Indian drugmaker Biocon eyes $1bn revenue in 4 years

India's biggest biotech firm Biocon expects revenue to double to $1 billion in four years as it expands in Europe and the US with new products, its chairperson and managing director said on Saturday. In a tie-up with US generi

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Final trial confirms Sanofi's dengue vaccine success

French drugmaker Sanofi, developing the first vaccine against dengue fever, said its product reduced disease cases by 60.8 per cent in a large final clinical trial. Sanofi has invested more than 1.3 billion euros ($1.7 billion) in

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Sanofi strong in emerging markets as rivals flag

French drugmaker Sanofi posted better-than-expected quarterly results, bolstered by strong emerging markets, breaking with a trend of earnings misses by European rivals AstraZeneca and GlaxoSmithkline. Sanofi performed strongly in Chi

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Novartis announces massive US jobs cuts

Novartis AG is slashing nearly 2,000 jobs in the US ahead of the patent loss of its top-selling blood pressure drug Diovan, the Swiss drugmaker said on Friday, just months after it said would scale back operations in Switzerland. The group

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