Merck to cut jobs and costs as demand for Gardasil in China remains weakMerck & Co revealed job and cost reductions to save $3 billion annually. This decision followed lower second-quarter results. Weak demand f...
29 Jul, 2025, 04.20 PM IST
European shares jump on hopes of easing tariff worries; ECB rate decision awaitedEuropean shares extended their gains on Thursday on hopes of easing trade tensions after U.S. President Donald Trump exempted automakers fr...
06 Mar, 2025, 02.14 PM IST
You thought only DeepSeek routed American titans? Wait, here's a little-known Chinese biotech company whose lung cancer drug could rattle big pharma; here's all about itChinese biotech company Akeso developed a lung cancer drug Ivonescimab, which outperformed Merck's Keytruda in trials. This breakthrough si...
26 Feb, 2025, 10.45 PM IST
Apple sells $5.25 billion in five-part dollar bond saleApple issued $5.25bn of bonds in a five-part sale as it looks to raise cash ahead of key inflation readings this week, and partly due to it...
09 May, 2023, 08.15 AM IST
S&P, Nasdaq hit record closing highs on earnings bullishnessDuring the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq an...
29 Oct, 2021, 09.17 AM IST
‘Pharma firms in 16 nations evading tax of $3.8 billion/year'The report explained how two Pfizer subsidiaries in Singapore, a tax haven, earned a profit of $2.1 million in 2014 on revenues of $4.3 bil...
19 Sep, 2018, 10.44 AM IST
10 smallcaps that defied market trend and doubled in six monthsThe BSE Smallcap index has been the worst performers in last six months.
21 Jun, 2018, 11.28 AM IST
Merck has much to gain under P&G, stock soarsThe Street welcomed the move, with the stock climbing 19 per cent higher than the offer price of Rs 1,500.36 per share.
20 Apr, 2018, 10.01 AM IST
Merck KGaA may sell consumer health businessMerck KGaA’s global consumer health business achieved net sales of €860 million (around Rs 6,555 crore) in 2016, according to the company’s...
06 Sep, 2017, 01.10 AM IST
Americans won’t go against Indian pharma because of Ranbaxy deeds: Kevin Ali, Merck Sharp & Dohme"The creative feel about this country is unlike any other I have in my regions, which includes pretty much the whole world, excluding the U...
03 Jun, 2013, 05.29 AM IST
- Stocks: The hits and misses
Shares of software exporters tumbled after US-based Oracle, the third biggest software maker, reported disappointing quarterly results.
23 Dec, 2011, 02.26 AM IST
- Merck Q1 sales rise but profit fall on charges
Drugmaker Merck & Co. says double-digit sales growth for a half-dozen of its top medicines fueled a 7 percent jump in first-quarter sales.
04 May, 2010, 05.20 PM IST
Indian business of MNCs performs well in latest quarterMost of Indian MNCs performed better than their parent entities, with many recording good performance in first 3 months of '09. Trends for ...
25 May, 2009, 03.29 AM IST
- Rosy report on business boosts Deutsche Bank
Deutsche Bank AG gained the most in two months in Frankfurt trading after a newsletter said Germany’s biggest lender had a “sensational” st...
29 Jan, 2009, 03.22 AM IST
- Cancer fears may spark decline in Vytorin sales
Sales of Merck & Co and Schering-Plough Corp’s Vytorin, falling after data earlier this year questioned its effectiveness against a cheaper...
23 Jul, 2008, 01.08 AM IST
- Mylan buys Merck’s generics unit
Mylan Laboratories agreed to buy Merck KGaA’s generic-drug unit for 4.9 billion euros ($6.7 billion) in cash to become the world’s third-la...
14 May, 2007, 12.20 AM IST
- Pfizer Q3 profit doubles to $3.4bn
Pfizer on Thursday said third-quarter earnings doubled from the year-ago quarter when it took a big merger-related charge, helped by strong...
21 Oct, 2006, 12.45 AM IST