Swiss pharmaceuticals giant Novartis announced
over the weekend it would dish out $9.7 billion (8.8 billion euros) to acquire
US firm Medicines Company, in a move aimed at boosting its cardiovascular
treatment portfolio.
Swiss authorities said on Tuesday they have agreed to extradite a Chinese national to the United States where he is wanted on charges of corporate espionage in the pharmaceutical industry.
Swiss pharmaceutical giant Roche has announced that it has reached a $4.3 billion deal to acquire Spark Therapeutics, a US group specializing in the development of gene therapy drugs.
The pharmaceutical industry has leapfrogged the banking sector to take top place in the Swiss earnings table, newly published data on executive salaries reveals.
Pharmaceutical giant Novartis said on Tuesday it will cut more than 2,000 jobs in Switzerland by 2022, while some 400 jobs could go in Britain as part of a global restructuring.
Two former Greek prime ministers and eight former ministers have been implicated in an alleged corruption scandal involving Swiss pharmaceutical giant Novartis, a judicial source said on Monday.
Swiss drugmaker Novartis on Tuesday posted a drop in first half profits amid fierce competition for generic medicines and pricing pressures but said it was set to reach annual targets.
A former Swiss banker illegal earned over €1 million by selling HIV medication meant for poor people in southern Africa to customers in Europe, authorities say.
Turkish prosecutors have launched an investigation into alleged corruption by Swiss pharmaceutical giant Novartis, the Anatolia news agency said on Friday.
The Irish-based pharma company Shire confirmed on Monday that it is moving its Swiss operations to Zug from Eysins, a village in the canton of Vaud close to Geneva.
The head of Swiss pharmaceutical giant Roche is open to renewed cooperation with competitor Novartis, he told the Financial Times in an interview published on Tuesday.
India's Supreme Court rejected on Monday a patent bid by Swiss drug giant Novartis, in a landmark ruling that activists say will protect access to cheap generic versions of drugs in developing nations.
<p>Japan's Takeda Pharmaceutical said Thursday it reached a €9.6 billion ($13.6 billion) deal to buy Swiss drugmaker Nycomed in what would be one of the biggest overseas acquisitions by a Japanese firm.</p>
<p><span style="font-family: arial, helvetica, sans-serif; font-size: small;">Swiss-based medical technology company Synthes said on Wednesday that it had reached an agreement on a $21.3 billion takeover by US health care giant Johnson & Johnson.</span></p>
<p><span style="font-family: arial, sans-serif; font-size: 13px; border-collapse: collapse;">Swiss pharmaceutical group Novartis said on Tuesday that it had acquired 85 percent of Chinese vaccines maker Zhejiang Tianyuan Bio-Pharmaceutical company.</span></p>
