For Sourabh Ghosh, it was nothing less than a matter of life or death.
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Tuesday 12 April 2011
Thursday 17 March 2011
Thursday 17 March 2011
Novartis dealt a fresh blow to the pharmaceutical sector yesterday by unveiling moves to shed around 500 jobs at its Horsham site in West Sussex.
Tuesday 21 December 2010
Saturday 21 August 2010
Friday 04 June 2010
The record fine handed down to JP Morgan marked the latest stage in the FSA's attempts to crack down on the City, but the watchdog suffered a setback yesterday when two lawyers and a former finance director were acquitted of insider dealing charges that it had brought against them.
Wednesday 21 April 2010
Sales of swine flu vaccine helped the Swiss pharmaceutical group Novartis to sales of $2.95bn (£1.9bn) in the first quarter of 2010, the company announced yesterday. Total sales jumped by 25 per cent, to $12.1bn, sending the shares up by nearly 1.5 per cent on the Zurich stock exchange. Novartis said that it expects a strong performance this year from its pharmaceuticals division, after disclosing that drug sales were ahead of its own forecasts. "The strong sales and profit contributions in the first quarter of 2010 from fulfilment of agreed-upon government supply contracts for [H1N1] pandemic vaccines, with sales approximately $400m above the group's target at the beginning of the year, will further strengthen these prospects," Novartis said in a statement. The quarterly results were the first for the new chief executive, Joe Jimenez, and finance director, Jon Symonds.
Tuesday 20 April 2010
Two lawyers made nearly £80,000 in unlawful profits after using insider information to buy shares in a small biotech firm on the brink of a large corporate buy out, a court heard today.
Friday 19 March 2010
A round of bid talks and hopes of growth boosted BG as the FTSE 100, higher in the previous two sessions as recovery hopes drove sentiment, fell back last night.
Tuesday 16 March 2010
Tuesday 05 January 2010
Thursday 08 October 2009
Wednesday 30 September 2009
Housing stocks were in focus last night, after a broker highlighted the sector's "outstanding attractions" – for short sellers.
Friday 25 September 2009
The first swine flu vaccine was approved for use in the UK today - but it would not pass muster in America.
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