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Pfizer is trying to focus its business around more high value, innovative medicines, including spinning off its consumer unit

Pfizer is spinning off its off-patent and generics business UpJohn, and combining it with generic drugmaker Mylan to create a giant off-patent group w(...)

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(...)

GlaxoSmithKline beat second quarter profit expectations with the help of strong demand for its shingles vaccine. Photograph: Loriene Perera/Reuters

GlaxoSmithKline beat second quarter profit expectations with the help of strong demand for its shingles vaccine, prompting the British drugmaker to f(...)

Photograph: iStock

UK pharmaceutical company GlaxoSmithKline is poised to name Jonathan Symonds, a former executive at rivals AstraZeneca and Novartis, as its next chair(...)

US president Donald Trump arrives in Milwaukee, Wisconsin on Friday. US stocks edged higher and the dollar fell as hopes rose for an imminent interest rate cut. Photograph: Mandel Ngan/AFP/Getty Images

Markets ended the week on a cautious note, with European shares a mixed bag and the FTSE notching up its seventh day in the red. Disappointing data f(...)

Rent the Runway, a fashion rental portal, is creating 150 jobs in Galway.
Life beyond the M50

While the headlines might be dominated by huge investments in the Dublin region by tech giants like Facebook, Google and Intel, the fact remains that (...)

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(...)

Theresa May and Donald Trump at Chequers in July 2018. Photograph: Hannah McKay/File Photo/Reuters

Protesters against Donald Trump are expected to shut down parts of central London on Tuesday, the second day of the president’s state visit to Britain(...)

Facebook tumbled 7.4 per cent after reports that the Federal Trade Commission had secured the right to examine how its practices affect digital competition. Photograph: Niall Carson/PA Wire

European shares recovered from early losses to end Monday higher as gains in healthcare stocks helped head off weakness in trade-sensitive sectors suc(...)

Traders on the floor of the New York Stock Exchange. Photograph: Michael Nagle/Bloomberg

Irish shares outperformed European peers yesterday but bank stocks in Italy took a hit as concerns about a possible fine on the country exacted a hea(...)

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