Pharma Icon plc boss says AI will be deployed within the year at the research giantNew technology is providing short-term opportunities for the Dublin-headquartered contract research giant
Companies Biden’s inflation act will benefit SMEs in Ireland, says US company chiefThe chief executive of Sterling Engineering says reshoring of manufacturing will create beneficial ‘ripple effect’ for small businesses in EU
business Pfizer to cut 100 jobs at Irish plant – but signals 230 new jobs in other locationsPharma giant is laying off staff who work on manufacturing Covid drug, with impacted staff told they may be redeployed to other locations
Companies Moderna shares tumble as vaccine maker reduces revenue forecastModerna reported larger-than-expected loss in Q3 after registering a $3.1 billion charge to write down excess Covid shots
Retail LloydsPharmacy parent firm PHX to buy McCabes PharmacyChemist chains will trade as combined retail entity under McCabes Pharmacy brand
Pharma Swiss pharma giant Roche to acquire immunology firm Telavant for $7.1 billionTelavant has developed a therapy for treating inflammatory bowel disease
business Pfizer staff expect word on Irish layoffs by end of monthPharma firm intends cuts of $3.5 billion by the end of 2024 after $12 billion drop in revenue due to Covid ‘fatigue’
Stock Take Irish manufacturing feels impact of British and EU slowdown AIB’s latest purchasing managers index shows that orders to Irish firms have fallen sharply; sluggish British and eurozone economies are partly to blame
Making it Work Kerry testing lab to double turnover to €6mSouthern Scientific has seen business grow on the back of regulatory push for businesses to ensure safety of water, soil and pharma products
Pharma Ireland’s drug pricing rules harming sales, AstraZeneca saysMarketing arm of pharma giant says laws allowing pharmacists to substitute interchangeable medicine products is ‘negatively’ impacting trade
Companies ‘Material uncertainty’ plagues state-backed Nektr Technologies as losses rise to €2.1m2022 accounts for Sligo-based biotech firm, founded by Frank Boyle, ‘cast significant doubt’ on its ‘ability to continue’
Pharma Equity fund forecasts weight-loss drug market frenzy far from finish line Capital Group fund says it sees long-term opportunity in the development of drugs like Novo’s Ozempic
Pharma Astellas to invest €330m in new drugs manufacturing plant in Kerry and create 100 jobsThe Japanese pharmaceutical giant will expand its workforce in Ireland to more than 500 employees once the new, state-of-the-art fill-finish plant is operational in 2028
Pharma Hvivo raises full year sales and earnings guidance after ‘excellent’ start to 2023The Dublin-headquartered pharmaceutical services company said it expects to generate full year sales of £55m and earnings margins of 19 per cent
Health Axis Consulting planning further expansion in BritainThe company assists businesses across the pharma industry
Pharma Pfizer profits half amid decline in demand for Covid productsFirm generated $12.7 billion in revenue in Q2, down from $27.7 billion in the same period last year
Health Irish-listed healthcare firm Uniphar sees organic profits soar by 5%Group accounts for over one fifth of the Irish retail pharmacy market
Companies Hvivo reports double-digit sales and profit growth for the first half of the yearThe pharmaceutical services company founded by businessman Cathal Friel said it is on track to deliver full year earnings of €9 to €12 million
Pharma Novartis in court bid to block commissioner from releasing inspection information Drug giant claims disclosing findings will have a ‘chilling effect’ on relationship between regulator and firms, and that it will not benefit the public
BP Exclusive Pfizer warns state new EU pharma plans will damage Ireland’s competitiveness Pharma giant wants Irish government to oppose new plans that aim to make access to medicines more secure and affordable
