Astrazenec has announced it will close its pharmaceuticals business by the end of 2019, as part of a restructuring plan.The company’s annual results are due to be published in the company’s most recent quarterly report, which was published on Monday.Astrazenech is one of the UK’s largest pharmaceuticals companies.The plan was announced as part the Astrazenac’s…
U.N. Secretary-General Antonio Guterres said Thursday that the United States had approved a generic version of the hepatitis C vaccine that can be given to pregnant women and young children, and it has the potential to be used widely in other countries.Guterres spoke on the sidelines of the World Health Assembly, a gathering of leaders…
Astrazenec, one of the largest U.S. biopharmaceutical companies, said on Wednesday it will shutter two of its North Carolina facilities as part of a restructuring plan.The company will lay off about 1,200 workers, the largest such job cut in North America and the first since it began outsourcing some of its manufacturing operations to overseas…
With AstraZeoneca now listed on the New York Stock Exchange as an ETF, investors can take advantage of its ETF-like trading capabilities.This is a major change from its days as an unlisted pharmaceutical company, and a sign that Astra Zeneca has matured into a legitimate pharmaceutical company.The ETF-style trading is based on a model that…
Kalvilla Pharmaceuticals, the company behind the blockbuster Astrazeneca drug, could be facing financial challenges because the government granted a special exemption from a $5-billion-a-year drug-making licence.The federal government approved the Astrazenec drugs, including the new AstraZeneca blockbuster Kalvita, in January.In a statement issued Tuesday, the government said the exemption will help prevent Astrazenech from facing…
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