astrazeneca plc-spons adr (AZN) Key Developments
AstraZeneca Announces Executive Changes
Jun 25 15
AstraZeneca announced the departure of its respiratory and inflammatory medicines head James Ward-Lilley to become chief executive of Vectura. His departure follows the exit earlier June 2015 of Briggs Morrison, the company's former chief medical officer and head of latestage drug development, who moved on to become CEO of Syndax.
AstraZeneca Launches Research and Development Respiratory Centre in Spain and Plans to Invest USD 613 Million in R&D to Extend Respiratory Portfolio
Jun 22 15
AstraZeneca has launched a research and development (R&D) respiratory centre in the Spanish city of Barcelona. AstraZeneca plans to invest EUR 540 million (USD 613 million) during the next three years in R&D to extend its respiratory portfolio. This new R&D centre and the future investment in it will be for developing former Almirall respiratory portfolio - mainly, the production of leading respiratory products Eklira (aclidinium) and Duaklir Genuair (aclidinium + formoterol fumarate dihydrate). Additionally, AstraZeneca plans to continue with the clinical development of some promising treatments began by Alrmirall, such as once-daily, long-acting beta2-agonist (LABA) AS100977 (abediterol) currently undergoing Phase II development, and an M3 antagonist beta2-agonist (MABA) platform - comprising LAS191351, LAS194871, in pre-clinical development, and LAS190792, in Phase I development.
Roche And Johnson & Johnson Eyes Stake In GlaxoSmith
Jun 22 15
Swiss-based Roche Holding AG (SWX:ROG) and U.S.-based Johnson & Johnson are eying the U.K. company for approximately $143 billion. Moreover, there is also a rumor that Pfizer Limited (BSE:500680) was considering acquiring GlaxoSmithKline plc (LSE:GSK) a year after it failed to acquire AstraZeneca PLC. As per the poll conducted by BioSpace, AstraZeneca PLC could also be in the race to acquire struggling GlaxoSmithKline.
Roche, Pfizer, Johnson & Johnson And AstraZeneca In Race To Acquirer GlaxoSmithKline
Jun 22 15
Roche Holding AG (SWX:ROG) and Johnson & Johnson (NYSE:JNJ) are looking to buy GlaxoSmithKline plc (LSE:GSK) ('Glaxo') for approximately $143 billion. There is rumor that Pfizer Limited (BSE:500680) may also be considering acquiring Glaxo. As per the poll conducted by BioSpace, AstraZeneca plc (LSE:AZN) could also be in the race to acquire struggling GlaxoSmithKline.
AstraZeneca plc Announces Results from Type 2 Diabetes Analysis
Jun 19 15
AstraZeneca plc has announced results from an observational, retrospective analysis which found no evidence of increased risk of hospitalization for heart failure, or hHF, with saxagliptin, compared with sitagliptin, both of which are dipeptidyl peptidase-4, or DPP-4, inhibitors, in patients with type 2 diabetes. A similar finding was obtained when comparing the overall DPP-4 class to sulfonylureas. The analysis included patients with and without prior cardiovascular disease (CVD), and among those patients without prior cardiovascular disease (CVD), DPP-4 treatment was associated with statistically significant lower risk for hHF compared to treatment with sulfonylureas. These new data provide valuable real-world information regarding the cardiovascular safety of the DPP-4 inhibitor class in patients with type 2 diabetes.