Johnson & Johnson Exceed Q1 Estimates

Johnson & Johnson have announced positive results for the first quarter of 2015, beating earnings expectations. However, the company has been forced to lower their full-year expectations for 2015 from $6.12-$6.27 per share to $6.04-$6.19, as a result of exchange rates with a strong US dollar.  The negative currency effect is expected to continue to

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Takeda Signs Oncology Biotech Deal

Takeda has announced that they have signed a deal with ImmunoGen for two anticancer targets. Takeda signed the agreement with ImmunoGen through its subsidiary Millennium Pharmaceuticals. The agreement, which grants Takeda exclusive rights to use ImmunoGen’s ADC technology for anticancer therapeutics, could be worth up to $230m. Specifically, the Japanese pharmaceutical company has licensed exclusive

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Bristol-Myers Squibb Acquires Cancer Specialist, Flexus, for $800m

Bristol-Myers Squibb have announced that they will be acquiring Flexus Biosciences in an agreement worth up to $1.25 billion. Flexus are a biotechnology company which specialises in the discovery, development, and commercialisation of small-molecule cancer immunotherapies targeting regulatory T cells. The acquisition will involve an $800 million upfront payment, giving Bristol-Myers Squibb full rights to

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Roche Acquires Signature Diagnostics

Roche has today announced that they have acquired Germany’s Signature Diagnostics. Signature Diagnostics were a privately-held translational oncology and genomics company, based in Potsdam, Germany. The acquisition is the fifth deal that Roche has made within the past year, aimed at building their molecular diagnosis business. Signature Diagnostics focuses on developing large blood plasma and

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Only Medics Referral Scheme

Only Medics, part of the Clinical Professionals Group, have launched a new online referral form, allowing people to easily refer a friend or colleague who may be looking for a new job within life sciences. The Clinical Professionals Group offers a generous referral scheme of £250 vouchers (or the European equivalent) for anyone who refers

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Physician2Pharma Event a Success

Earlier this month Only Medics, part of the Clinical Professionals Group, held their annual Physician2Pharma recruitment event for NHS medics looking to transition into the pharmaceutical industry. The event was invite only and attended by 40 people comprising of hand picked GMC registered physicians looking to make the transition from the NHS into the pharmaceutical

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AstraZeneca Confident of Reaching $45bn Sales by 2023

AstraZeneca have confirmed that they remain confident of generating annual sales of over $45 billion by 2023. The increase is expected as a result of accelerating growth momentum from both AstraZeneca’s existing products and those currently awaiting market approval. Five current growth platforms (diabetes, Brilinta, respiratory, Emerging Markets and Japan) currently account for over half

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AstraZeneca Acquires Definiens

AstraZeneca has announced that they are acquiring tissue sample specialist, Definiens, increasing their oncology efforts. AstraZeneca’s MedImmune unit is paying an initial $150 million, followed by additional predetermined milestone payments, to acquire Definiens.  AstraZeneca noted that Definiens has “pioneered a world-leading imaging and data analysis technology, known as Tissue Phenomics, which dramatically improves the identification

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