Merck & Co

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US drug distributors gained but pharma lost as White House drops proposed rule forcing drug companies to hand discounts to patients rather than middlemen who negotiate purchases on behalf of insurers. Photograph:  Spencer Platt/Getty Images

European markets dipped yesterday as optimism sparked by news of a possible US interest rate cut fizzled away. DUBLIN Dealers described Thursday’s t(...)

Christine Lagarde was nominated on Tuesday to take over at the helm of the European Central Bank. Photograph: Getty Images

Euro-zone stocks surged on Wednesday as investors piled into companies with big dividends on hopes European Central Bank chief nominee Christine Lagar(...)

Ryanair joined several aviation stocks that got lift off from the Brexit deadline extension

Travel stocks gained extra mileage from the Brexit deadline extension on a day that markets rose across Europe. Indications from European Central Ban(...)

Ryanair results due on Monday.

Monday Results: Ryanair Meetings: CPL Resources AGM. Indicators: Irish wholesale prices (Sep). Ryanair results Increasingly, Ryanair’s results(...)

Merck’s total sales rose 5.4 per cent to $10.47 billion but  investors  expected bigger gains in market share for the cancer therapy. Photograph: Ralph Orlowski/Reuters

Merck & Co beat quarterly profit estimates on Friday as sales of its blockbuster drug Keytruda overtook rival Bristol-Myers Squibb’s Opdivo, but t(...)

US president Donald Trump signed the new tax Bill into law in December 2017. Photograph: Reuters/Jonathan Ernst

The Trump administration’s tax overhaul should accelerate major acquisitions by drug manufacturers in 2018 after a slow year for deals in 2017, accor(...)

Britain’s business minister Gret Clark said the new industrial strategy would strengthen infrastructure and the business environment in an effort to improve productivity
Britain aims for life sciences

Across the water the British government launched a new strategy for industry recently aiming to intervene in key sectors to tackle weak productivity a(...)

Bayer is currently seeking regulatory approval for its $66 billion takeover of Monsanto. Photograph: Ina Fassbender/Reuters

Bayer, which is taking over US seeds group Monsanto, said poor sales at crop protection distributors in Brazil and a weaker-than-expected consumer hea(...)

British advertising giant WPP said it was assessing the situation. Photograph: Benjamin Fathers /AFP/Getty

A ransomware attack hit computers across the world on Tuesday, taking out servers at Russia’s biggest oil company, disrupting operations at Ukrainian(...)

The Swiss drugmaker Actelion  has a dominant position in treatments for pulmonary arterial hypertension.

Actelion, Europe’s biggest biotech company, raised its full-year outlook despite posting lower-than-expected earnings, with the sales decline in an ol(...)

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