Financials

Business briefs: Amgen and Omnicom Group

Amgen said they will continue to spread out their efforts on two different commercial models: biologics and biosimilars.

Business briefs: Novo Nordisk

Novo Nordisk promoted a quartet of US execs to SVP and announced sales growth of 18% for 2012.

Soriot's status update for AstraZeneca: It's complicated

Soriot's status update for AstraZeneca: It's complicated

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Sizing up his company amid a dismal annual results presentation, AstraZeneca CEO Pascal Soriot told analysts and investors: "We have become a little bit complicated and in many ways out of this, a bit conservative."

Company news: GSK, Salix

GlaxoSmithKline returned marketing rights on epilepsy drug Horizant to XenoPort effective April 30, 2013.

Company news: BMS goes over the patent cliff

Sales of Bristol-Myers Squibb's Plavix plunged 96% in the third quarter over the same period last year, contributing mightily to an overall 30% drop in sales of the company's products for the quarter, to $3.7 billion.

Amgen's Prolia, Enbrel get sales overhauls, DTC

Amgen's Prolia, Enbrel get sales overhauls, DTC

Sales of Amgen's Prolia are set to rise after a "soft" quarter, thanks to a sales force overhaul and an impending return to TV advertising, the company said in a third quarter results call.

Lilly sales dip 11% as diabetes drugs feel payer pressure

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Price increases and belt-tightening helped prop up Eli Lilly's third quarter, but loss of formulary positioning on two key products hurt sales.

Abbott, on track for split, posts strong Q2 numbers

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Abbott Labs reported strong second quarter sales that, though mitigated by an unfavorable exchange rate, cheered analysts and investors, with muscular growth in Humira sales a high point.

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