European shares dip as US tariff reality sets in
Automakers Volkswagen, BMW plunge with trade agreement set to lock in 15% tariffs on exports to US
Novartis
Big Pharma goes tone deaf
European drug company bosses say the answer to a perceived lack of competitiveness in the EU is to hike medicine prices to US levels
Pharma bosses call for higher drug prices in EU to counter tariff threat
Novartis and Sanofi CEOs push for European benchmark against US prices
Trump floats 25% tariffs on US car, drug, chip imports
Overnight comments are most detailed yet in specifying other sectors to be hit and would mark a dramatic widening of trade war
Novartis lifts outlook, citing cancer, inflammatory drugs
Drugmaker sees revenue growing 6% per year through to 2029
Europe’s magnificent 11 stocks – the Granolas
Continent’s top firms drove most of European equity gains last year
Novartis misses Q4 profit expectations as costs disappoint
The shares dropped 4 per cent, tempering gains of 9 per cent so far this year, as analysts pointed to higher-than-expected costs and some disappointment over the 2024 goal.
Five companies account for 43% of Ireland’s goods exports in 2022
Pharmaceutical-related products accounted for almost two-thirds of Irish goods exports last year
Elmpark campus in Dublin 4 for sale at heavily discounted guide of €55m
Higher interest rates and ESG requirements see Dublin 4 scheme’s capital value fall to below replacement cost level of €170 per square foot
Novartis settles one of two MS drug patent disputes
Action against generics group Mylan continues after terms agreed with rival generics player Accord Healthcare in patent infringement case
Why companies fall down on their wellness programmes for employees
When staff at the Irish arm of the Swiss pharma company Novartis were asked for feedback on wellness initiatives, health screening was high on the list
US targets 10 drugs for pricing negotiations in crackdown on costs
Expensive medicines made by Pfizer, J&J and Merck selected for talks in biggest pharma shake-up in decades
Markets little changed as US inflation data holds few surprises
US consumer price index comes in marginally below expectations, with core prices as expected
Commercial property market faces into winter, but will it be a big freeze?
The sector is dealing with a double whammy of an economic downturn and changes in working patterns
Big pharma drives record €165bn worth of exports last year - CSO
Agency’s figures also point to partial displacement of trade following UK’s exit from EU
Drug giant Novartis entitled to €1m VAT refund, court rules
Revenue fails to convince court that Swiss company should not be refunded
Novartis claims two firms are infringing its patent for multiple sclerosis drug
The medicine is used in the treatment of relapsing-remitting multiple sclerosis and contains the active ingredient fingolimod
Novartis to cut up to 400 jobs at Dublin facility over two years
Pharma group has moved to new global structure in 2022 in a bid to cut costs
Digital pathology company Deciphex raises $11.5m in funding
Irish company’s software is designed to help make pathology more efficient
Women on HRT face disruption in supply until at least July
Drug companies scrambling to meet surging demand for patches and gels
I Wish event showcases Stem careers to teenage girls
More than 16,000 registered to take part in programme broadcast from Dublin
Novartis to seek speedy approval for Covid drug after positive trials
In lab tests the drug maintained its antiviral activity against all variants of concern
European shares end at near one-week highs, boosted by tech stocks
Iseq closes in positive territory despite Ryanair warning
Irish exports surge to €306bn as pandemic spurs trade in IT and pharma
CSO figures reveal computer services and chemicals dominate State’s exports
European shares nudge up to fresh record highs
FTSE 100 rallies as Bank of England leaves interest rates unchanged
Novartis may divest generic unit Sandoz as price pressures mount
The Swiss pharma giant warned it expected Sandoz’s operating income to fall faster than previously expected this year
Killer cells: delivering a knockout blow to cancers
Irish scientists and companies are working on next-generation cancer therapies
HealthBeacon raises €6m in investment from Elkstone and Crow Rock
Dublin-headquartered company helps patients better adhere to medication schedules
Keywords Studios names Bertand Bodson as new chief executive
Mr Bodson, who joins from Novartis, has also served at Sainsburys Argos, EMI and Amazon
European bourses tread water while US stocks rise on official Pfizer approval
Vaccine OK raises hope of quicker recovery
Brexit fuels major pick-up in North-South trade
CSO figures point to sharp increase in imports from North in wake of UK’s EU exit
European shares rise after positive blue-chip trading updates
Iseq advances 2.2% for back-to-back session gains after gloomy start to the trading week
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