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Pharma

Pharma

Icon plc boss says AI will be deployed within the year at the research giant

New technology is providing short-term opportunities for the Dublin-headquartered contract research giant
  • Ellie Donnelly
  • November 29, 2023
Companies

Biden’s inflation act will benefit SMEs in Ireland, says US company chief

The chief executive of Sterling Engineering says reshoring of manufacturing will create beneficial ‘ripple effect’ for small businesses in EU
  • Lorcan Allen
  • November 19, 2023

A Simply Better
Christmas

Delicious recipes by Neven Maguire

business

Pfizer to cut 100 jobs at Irish plant – but signals 230 new jobs in other locations

Pharma giant is laying off staff who work on manufacturing Covid drug, with impacted staff told they may be redeployed to other locations
  • Donal MacNamee
  • November 7, 2023
Companies

Moderna shares tumble as vaccine maker reduces revenue forecast

Moderna reported larger-than-expected loss in Q3 after registering a $3.1 billion charge to write down excess Covid shots
  • Business Post
  • November 2, 2023
Retail

LloydsPharmacy parent firm PHX to buy McCabes Pharmacy

Chemist chains will trade as combined retail entity under McCabes Pharmacy brand
  • Sarah McGuinness
  • October 23, 2023
Pharma

Swiss pharma giant Roche to acquire immunology firm Telavant for $7.1 billion

Telavant has developed a therapy for treating inflammatory bowel disease
  • Bloomberg
  • October 23, 2023
business

Pfizer staff expect word on Irish layoffs by end of month

Pharma firm intends cuts of $3.5 billion by the end of 2024 after $12 billion drop in revenue due to Covid ‘fatigue’
  • Donal MacNamee
  • October 23, 2023
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
  • Ellie Donnelly
  • October 8, 2023
Making it Work

Kerry testing lab to double turnover to €6m

Southern Scientific has seen business grow on the back of regulatory push for businesses to ensure safety of water, soil and pharma products
  • Emmet Ryan
  • October 6, 2023
Pharma

Ireland’s drug pricing rules harming sales, AstraZeneca says

Marketing arm of pharma giant says laws allowing pharmacists to substitute interchangeable medicine products is ‘negatively’ impacting trade
  • Donal MacNamee
  • October 5, 2023
Companies

‘Material uncertainty’ plagues state-backed Nektr Technologies as losses rise to €2.1m

2022 accounts for Sligo-based biotech firm, founded by Frank Boyle, ‘cast significant doubt’ on its ‘ability to continue’
  • Barry J Whyte
  • September 20, 2023
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
  • Business Post
  • September 20, 2023
Pharma

Astellas to invest €330m in new drugs manufacturing plant in Kerry and create 100 jobs

The 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
  • Lorcan Allen
  • September 14, 2023
Pharma

Hvivo raises full year sales and earnings guidance after ‘excellent’ start to 2023

The Dublin-headquartered pharmaceutical services company said it expects to generate full year sales of £55m and earnings margins of 19 per cent
  • Lorcan Allen
  • September 12, 2023
Health

Axis Consulting planning further expansion in Britain

The company assists businesses across the pharma industry
  • Ellie Donnelly
  • September 11, 2023
Pharma

Pfizer profits half amid decline in demand for Covid products

Firm generated $12.7 billion in revenue in Q2, down from $27.7 billion in the same period last year
  • Barry J Whyte
  • August 1, 2023
Health

Irish-listed healthcare firm Uniphar sees organic profits soar by 5%

Group accounts for over one fifth of the Irish retail pharmacy market
  • Sarah McGuinness
  • July 26, 2023
Companies

Hvivo reports double-digit sales and profit growth for the first half of the year

The pharmaceutical services company founded by businessman Cathal Friel said it is on track to deliver full year earnings of €9 to €12 million
  • Lorcan Allen
  • July 26, 2023
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
  • Catherine Sanz
  • July 11, 2023
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
  • Donal MacNamee
  • July 5, 2023

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