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AstraZeneca beats first-quarter profit estimates, retains 2020 forecast

AstraZeneca on Wednesday beat analysts' estimates for first-quarter profit and reiterated its outlook for 2020, as demand for the company's newer medicines remained steady......»»

Category: topSource: reutersApr 29th, 2020

Cipla receives final approval for generic version of AstraZeneca"s Nexium

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 27th, 2020

Dow Jones Newswires: AstraZeneca profit misses forecasts and warns outlook hinges on COVID-19

The FTSE 100-listed drug maker reported that core operating profit slid 29% to $1.55 billion......»»

Category: topSource: marketwatchFeb 14th, 2020

Yum Brands disappoints on Pizza Hut weakness

Yum Brands shares fell after its quarterly same-store sales and profit missed analyst expectations Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States. Fred Katayama reports.....»»

Category: videoSource: reutersFeb 6th, 2020

Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop

Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States......»»

Category: topSource: reutersFeb 6th, 2020

Yum Brands misses same-store sales, profit estimates as Pizza Hut battles rivals

Yum Brands Inc reported quarterly same-store sales and profit that missed market expectations on Thursday, as sales at its Pizza Hut chain in the United States were hurt by stiff competition......»»

Category: topSource: reutersFeb 6th, 2020

The Daily Biotech Pulse: Amgen Hurt By Generic Competition, Nanoviricides Confirms Working On Wuhan Virus, Arcutis IPO

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling The Peaks (Biotech Stocks Hitting 52-week highs on Jan. 30) 0 read more.....»»

Category: blogSource: benzingaJan 31st, 2020

The Daily Biotech Pulse: Amgen Hurt By Generic Competition, Nanoviricides Confirms Working On Wuhan Virus, Arcutis IPO

Here's a roundup of top developments in the biotech space over the last 24 hours. Sc.....»»

Category: earningsSource: benzingaJan 31st, 2020

Dow Jones Newswires: Roche profit, sales rose in 2019, sees further growth in 2020

Roche Holding AG said Thursday that sales and profit increased in 2019, and it guided for further growth in the year ahead despite biosimilar competition......»»

Category: topSource: marketwatchJan 30th, 2020

Blues health insurers fund U.S. non-profit"s generic drug expansion

A group of Blue Cross Blue Shield insurers is investing $55 million in a new venture with a non-profit generic drug manufacturer to try to offer cheaper prices on pharmacy drugs to their members, the companies said on Thursday......»»

Category: topSource: reutersJan 23rd, 2020

Why price of Humira keeps rising despite FDA approval of generic competition

Manufacturer AbbVie raised the drug’s cost by more than 7 percent at the start of 2020......»»

Category: topSource: washpostJan 8th, 2020

Why Humira"s price keeps rising despite FDA approval of generic competition

Manufacturer AbbVie raised the drug’s cost by more than 7 percent at the start of 2020......»»

Category: topSource: moneycentralJan 8th, 2020

Why Humira’s price keeps rising despite FDA approval of generic competition

Manufacturer AbbVie raised the drug’s cost by more than 7 percent at the start of 2020......»»

Category: topSource: washpostJan 8th, 2020

Roche and Gilead Losing Patent Protection on Top Sellers

Seven pharma companies face generic competition for medications that generated high U.S. sales in 2018Related Stocks: RHHBY, GILD, PFE, AMGN, GSK, INDV,.....»»

Category: blogSource: gurufocusDec 27th, 2019

Mylan tops profit estimates on drug launches

Generic drugmaker Mylan NV beat Wall Street estimates for third-quarter profit on Tuesday, benefiting from drug launches such as Wixela and Fulphila, sending its shares up 2% before the opening bell......»»

Category: topSource: reutersNov 5th, 2019

Mylan third-quarter profit rises 7% on new drug launches

Mylan NV reported a 7.4% rise in third-quarter profit on Tuesday, as the generic drugmaker benefited from new product launches......»»

Category: topSource: reutersNov 5th, 2019

Dow Jones Newswires: LG Electronics profit falls 31% on year

The consumer-electronics maker said it expects intense price competition from its rivals to be a drag, as the shopping season for some of its flagship products approaches......»»

Category: topSource: marketwatchOct 30th, 2019

Amgen stock rises after company"s profit, revenue beat

Shares of Amgen Inc. rose less than 1% in the extended session Tuesday after the pharma company beat third-quarter adjusted profit and revenue expectations even as its sales fell due to more competition. Amgen said it earned $1.97 billion, or .....»»

Category: topSource: marketwatchOct 29th, 2019

Amgen third-quarter revenue falls 3%, biosimilar sales rise

Amgen Inc on Tuesday said competition for older off-patent drugs sent third-quarter revenue down 3%, but share repurchases and biosimilar sales helped it achieve higher-than-expected profit, and the company raised its full-year outlook......»»

Category: topSource: reutersOct 29th, 2019

Beyond Meat to offer more store discounts as competition heats up; shares fall

Beyond Meat Inc reported its first ever net profit and raised its full-year sales forecast, but shares tumbled 6.5% in extended trading as the vegan burger maker said it would need to offer more store discounts or promotions as competition heats up......»»

Category: topSource: reutersOct 28th, 2019