United Kingdom

British Prime Minister Tony Blair has hinted that the government will not accept new value-based pricing proposals as laid out recently by the Office of Fair Trading (OFT). Speaking... 2007-03-20

According to a report from the Association of the British Pharmaceutical Industry, the availability of more effective drugs with fewer side effects, coupled with a better understanding... 2007-03-16

UK retailer Alliance Boots is reportedly the target of a GBP9.7bn (US$18.84bn) bid from deputy chairman Stefano Pessina, backed by private equity firm Kohlberg Kravis Roberts ... 2007-03-12

US-based drugmaker Pfizer has won a key decision in the UK allowing it to supply its product through a single wholesaler. The High Court in London refused to grant an injunction... 2007-03-06

UK-based drugmaker GlaxoSmithKline (GSK) has announced that it is experimental cancer drug Tykerb (lapatinib) will shortly enter advanced clinical trials for the treatment of tumours... 2007-03-01

UK-based drugmaker is to purchase US-based New River Pharmaceuticals, in a deal worth US$2.6bn as it attempts to consolidate its position in the lucrative attention-deficit hyperactivity... 2007-02-21

The drug industry in the UK could be impacted by a planned overhaul of the drug-pricing regime. The Office of Fair Trading (OFT) has recently conducted an inquiry into the pharmaceutical... 2007-02-19

UK-based retailer Boots is planning to sell anti-impotence drug Viagra (sildenafil) over-the-counter (OTC), and is currently piloting the scheme at three stores in Manchester. Presently,... 2007-02-12

This was not always so, and in 2001 GSK found itself in a similar position of uncertainty and responded with a series of job cuts. Since that time, though, the company has implemented... 2007-02-09

Following on from US drugmaker Pfizer's decision to cut 10,000 jobs, Anglo-Swedish drug firm AstraZeneca is slashing 5% of its workforce, as a wave of cost cutting hits the industry.... 2007-02-02