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Borg shares Pfizer concerns with Osborne
pfizer

Borg shares Pfizer concerns with Osborne

Sweden's finance minister has recalled that Pfizer's old promise to keep Pharmacia in Sweden fell flat, which makes him worried as the US drugs giant moves in on Anglo-Swedish pharmaceuticals company AstraZeneca.
'AstraZeneca disappoints us': Pfizer
pfizer

'AstraZeneca disappoints us': Pfizer

US drugs giant Pfizer has said it was disappointed with Anglo-Swedish pharmaceuticals company AstraZeneca for not only rejecting its takeover bid, but refusing to discuss alternatives.
Swedes buy US cancer research firm
research

Swedes buy US cancer research firm

AstraZeneca said on Tuesday that it has agreed to buy US-based cancer drugs company Amplimmune, as the Anglo-Swedish pharmaceuticals group seeks to bolster its flagging pipeline of new products.
Sweden's drug testing industry plummets
drugs

Sweden's drug testing industry plummets

Sweden's once flourishing pharmaceutical testing industry has been decimated in recent years, suffering an 85-percent drop according to new figures that industry experts describe as "deeply troubling".
AstraZeneca hit by steep drop in profits
drugs

AstraZeneca hit by steep drop in profits

Anglo-Swedish pharmaceutical company AstraZeneca on Thursday said that its net profit tumbled 38 percent in the first quarter of the year to $1.0 billion after losing market exclusivity for some of its key drugs.
Wallenbergs give new life to Södertälje research
research

Wallenbergs give new life to Södertälje research

A year after Anglo-Swedish pharmaceuticals giant AstraZeneca announced the closure of its research facilities in Södertälje, south of Stockholm, officials are cheering plans to create a new research park financed in part by the powerful Wallenberg family.
AstraZeneca job cuts hit Södertälje hard
Jobs

AstraZeneca job cuts hit Södertälje hard

Anglo-Swedish pharmaceuticals giant AstraZeneca is closing its research facilities in Södertälje, south of Stockholm, as part of a major restructuring, resulting in the loss of around 1,000 Swedish jobs.