Amgen said it expects the deal to produce tax benefits with a present cash value of $2.2 billion. Photograph: Getty Images

Amgen will buy Celgene’s psoriasis drug Otezla for $13.4 billion (€12.05 billion) in cash, clearing the way for Bristol-Myers Squibb to go ahead with (...)

AstraZeneca’s Neptune trial failed to extend the lives of patients with advanced non-small cell lung cancer (NSCLC) and high levels of gene mutations. File photograph: Brendan McDermid/Reuters

A combination of AstraZeneca’s lung cancer drug Imfinzi and an experimental treatment failed to extend the lives of patients with advanced non-small c(...)

Pfizer has been trying to reposition itself as a smaller company focused on more innovative medicines and vaccines.

Pfizer is expected to announce on Monday that it will combine its off-patent assets with Mylan’s $10 billion (€9 billion) generics business in a stock(...)

Grounded Boeing 737 MAX aircraft  parked in  Seattle. Photograph: REUTERS/Lindsey Wasson

Monday July 22nd Results: Whirlpool. Indicators: Irish industrial production by sector (2018); UK industrial trends orders (Jul), business optimism(...)

Nasa handout photo of astronaut Buzz Aldrin on the moon. Photograph: Nasa/PA Wire

Mary Coughlan (singer) What were you doing in 1969? I was 13 and listening to Radio Luxembourg all the time! Just being a teenager around Galway a(...)

Lip service: AbbVie has been desperate to fill in the gap for its blockbuster arthritis drug Humira, which loses patent protection in 2023. Allergan, best known as the maker of Botox, fits the bill. Photograph: Alan Betson

Botox can fill even the most obstinate wrinkles but the botulinum toxin contained in injections can cause unexpected sagging too. On Tuesday, pharma g(...)

Traders work on the floor at the New York Stock Exchange   in New York, US. Photograph: Brendan McDermid/Reuters

Weak German economic data and a profit warning from Daimler hit European stock markets on Monday as investors reined in any bets on a fourth week of g(...)

A Penneys store  in Dublin.  ABF  revealed its Dublin-headquartered Penneys/Primark company was likely to increase sales in the first half of the year by 4%. Photograph: Cyril Byrne

MONDAY Results: Whirlpool. TUESDAY Results: JetBlue Airways, Procter & Gamble, Coca Cola. Indicators: Euro zone budget and debt to GDP ratio(...)

Brexit troubles didn’t  have a consistent impact on Irish shares on Friday. Photograph: Toby Melville/Reuters

Brexit uncertainty failed to trouble the Republic’s main share index on Friday while other European indices gained primarily due to signs of progress (...)

Earnings from one of the Iseq’s most significant component companies boosted the index by 0.76 per cent on Thursday. Photograph: Dara Mac Dónaill

Irish stocks were a bright spot among peers on Thursday as global equities declined on the back of an abrupt ending to US president Donald Trump’s mee(...)

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