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Pharmaceuticals

50-year-old transport firm John K Philips Group moves to carbon-neutral Warrington headquarters
BT
Business founded in 1974 after John Philips bought a truck to deliver paint
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Life sciences firm Gentronix set for ‘fantastic next step’ after it is acquired by Danish group Scantox
Tech
Gentronix 'well recognised for its high-quality genetic toxicology services'
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AstraZeneca: Treasury says ‘positive discussions’ ongoing over future of £450m vaccine plant
Pharmaceuticals
Company and Government repeat upbeat messages despite reports state funding could be cut
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Fusion Antibodies reports challenging year with revenue drop but sees growth in sales pipeline
By City AM
Shares in the AIM-listed firm sprung up 7.5 per cent when the market opened on Thursday
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Shield Therapeutics builds revenues as US prescriptions grow
Company Results
Interim chief executive Anders Lundstrom said the loss making firm had its 'cash burn' under control as it targets the stateside iron deficiency market
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GSK and Pfizer challenge expert testimony in Zantac cancer case at Delaware Supreme Court
By City AM
Delaware's top court is set to hear an appeal from GSK and other pharmaceutical giants to throw out over 70,000 lawsuits alleging that the now-discontinued heartburn drug Zantac caused cancer
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Shield Therapeutics to enter Canadian market following approval of iron deficiency drug
Pharmaceuticals
Shares rose on the news that Health Canada had approved the firm's Accrufer tablets
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Teesside pharma firm Fujifilm Diosynth Biotechnologies opens new £100m facility in Billingham
Pharmaceuticals
Business leaders and Government officials have attended a grand opening ceremony
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AstraZeneca's Imfinzi gains US approval, boosting treatment options for early-stage lung cancer
By City AM
Imfinzi, which is used alongside chemotherapy to treat early-stage non-small cell lung cancer, is given before and after surgery and is the first immunotherapy approved for this indication
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Newcastle biotech business Kerato strikes partnership with Canadian university
Deals
The two organisations will work together towards commercialising lab-grown corneas
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Northumberland's Piramal Healthcare sees revenues rise as order pipeline grows
Pharmaceuticals
The Morpeth business, which also has a Grangemouth site, also narrowed its losses
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GSK secures victory in latest Zantac trial: Jury dismisses claims linking drug to cancer
By City AM
The London-listed pharmaceutical giant has faced a barrage of lawsuits over whether or not Zantac - once the best selling drug in the world - was carcinogenic.
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Newcastle skincare innovator SkinBioTherapeutics lands £1.56m investment to support growth
Pharmaceuticals
CEO Stuart Ashman said it was rare for small cap companies such as his to be approached by larger investors
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GSK raises guidance after strong second quarter boosted by cancer and HIV portfolio
By City AM
Total sales in the second quarter of 2024 reached £7.9bn, an increase of 13 per cent year on year while core operating profit at the pharma company rose by 18 per cent
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Newcastle life sciences firm SkinBioTherapeutics sees sales growth following key acquisition
Company Results
The Newcastle Helix based life sciences firm says full year trading has been better than expected
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Boss of drugs firm Shield Therapeutics steps down as US prescriptions ramp up
Pharmaceuticals
Greg Madison had led the Tyneside pharma business for three years
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Milestone reached at Bristol Myers Squibb pharmaceutical lab and office complex in Wirral
Pharmaceuticals
Moreton building has now reached its highest point
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AIM-listed Alliance Pharma axes chief operating officer role
People
The Wiltshire-based pharmaceuticals company said the move would 'simplify' its management structure
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Professional and business services sector ‘has £500m growth potential’, new report shows
Professional Services
Edge Hill University report highlights 2,285 high-potential SMEs in city region
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Welsh medtech venture Aparito acquired by US firm Eli Lilly and Company
Deals
The deal provides a near three times profitable exit for the Development Bank of Wales
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Revenues rocket at Quantum Pharma following major capital investments
Pharmaceuticals
Profits also more than doubled at the County Durham medical manufacturer
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Sheffield software firm IntelliAM completes £5m acquisition of 53 North following admission to Aquis
Deals
The company signed heads of terms to acquire 53 North back in March
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Shield Therapeutics strikes £4.4m advance deal with investors AOP
Pharmaceuticals
The iron deficiency tablet firm has secured an advance from major shareholder, Austria-based AOP Health International Management
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Tech and green deals help Grant Thornton to strong first half in North despite pre-election ‘caution’
Grant Thornton
Northern corporate finance team advised on four deals worth more than £181m.
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