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The world's biggest drug makers have for years enjoyed rich premiums for their medicines in the U.S. market. Those days may be coming to an end.Companies like Pfizer Inc and AstraZeneca have grown dependent on higher U.S. prices to generate profits as generic rivals to their best-selling medicines enter the world market, Europe's government-run health plans clamp down on spending and sales growth in emerging markets stutters.Now President Barack Obama's health reform law will bring more scrutiny of spending on drugs and medical care in the United States. As a result, healthcare experts say, downward pressure on drug prices will begin to mount within three to five years.That not only presents a risk to the robust profits generated by the industry, but could influence the amount of money companies chose to invest to develop innovative medicines.Drugmakers' reliance on the U.S. market "is the greatest risk to the sector," said Rajiv Kaul, portfolio manager of Fidelity Investments Select B...
AstraZeneca PLC (AZN.LN) Thursday reported pretax profit for first quarter of 1.3 billion dollars, down 36% from the same period last year and below analysts' expect...
AstraZeneca PLC (AZN.LN) Thursday reported pretax profit for first quarter of 1.3 billion dollars, down 36% from the same period last year and below analysts' expect...
The following is a summary of analysts' forecasts for AstraZeneca plc (AZN) first-quarter results, based on a poll of seven analysts conducted by Dow Jones Newswires...
Holding the keys to the future of health care and medicine is not something many children dream of doing.But Bahija Jallal, executive vice president of AstraZeneca's...
This week has been kind to income investors looking for new ETFs to consider as Northern Trust's (NASDAQ:NTRS) FlexShares unit has rolled out three new global divide...
A federal advisory panel said Wednesday a proposed lung drug from GlaxoSmithKline PLC (GSK, GSK.LN) was safe and effective at treating chronic obstructive pulmonary ...
U.K. stocks closed lower for a third straight day on Tuesday, with drug makers leading the charge south, while mining firms recouped some losses suffered in the prev...
Shares of Marks & Spencer Group PLC led U.K. stocks higher on Thursday after reporting fourth-quarter sales growth, while steelmaker Evraz tumbled after warning of r...
Two pharmaceutical companies that are among the biggest payers of fees to doctors reduced such spending last year by double-digit percentages, as greater transparenc...
Standard & Poor's cut its credit outlook for AstraZeneca to negative from stable on Monday in response to a major strategy update by the drugmaker's new chief execut...
AstraZeneca's (NYSE:AZN) rheumatoid arthritis pill fostamatinib failed to meet one of the end goals of a late-stage clinical trial, raising doubt in the pill and the...
AstraZeneca PLC (AZN.LN), a global, innovation-driven biopharmaceutical business, said Friday top-line results of OSKIRA-1--a Phase III study to assess the efficacy ...
Patent expirations on big-name drugs such as Lipitor and Plavix has resulted in modestly less spending on medicines in the United States for the first time in at lea...
Bristol-Myers Squibb Co. (BMY) and AstraZeneca PLC (AZN) said a year-long study of metreleptin showed it reduced average blood sugar levels in pediatric patients wit...
European stock markets posted their longest winning streak of the year on Thursday, after U.K. economic-growth data beat expectations, showing the nation didn't slip...
U.K. stocks climbed for a third straight day on Thursday, after better-than-expected growth data for the country, and with heavyweights British American Tobacco PLC ...
European stock markets erased earlier losses on Thursday, after U.K. growth data beat expectations, saving the country from sliding into a triple-dip recession.The S...
AstraZeneca PLC (AZN.LN) said Thursday profit and sales fell for a fifth-consecutive quarter as the drug giant continues to suffer patent expiries that leave some of...
Weak earnings from some of the U.K.'s heavyweights weighed on London's benchmark stock index on Thursday, offsetting better-than-expected growth data for the country...
