Article Abstract:
AstraZeneca's new ulcer treatment drug, called Nexium, has proven itself to be slightly more effective than Losec, the preparation AstraZeneca produced for ulcer treatment previously. AstraZeneca goes through financial turmoil, and it has high hopes for the new medication.
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Article Abstract:
Although both United Kingdom-based pharmaceuticals giants SmithKline Beecham PLC and Glaxo Wellcome PLC reported improved earnings, both companies' shares prices dropped.
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Article Abstract:
Shareholders of United Kingdom's pharmaceuticals company Zeneca Group PLC meet to approve merger with Sweden's pharmaceuticals giant Astra AB. If approved by both companies' shareholders, the $35 billion merger will produce the third largest pharmaceuticals company in the world.
Comment:
Shareholders of Sweden's Astra AB and U.K.'s Zeneca Group PLC consider merger of both companies.
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