Cambridge Antibody

Article Abstract:

Cambridge Antibody Technology has undoubted technical abilities, and its Antibody Engine technology performs well, with potential to treat a number of diseases. A number of well-known partners, including American Home Products, have been attracted by the technology, but there is concern that there is no certainty the useful drugs will be developed. The company has services revenues of $4 million annually following an agreement with Wyeth-Ayerst, and further agreements of this kind could allow the company to introduce a new drug without needing a cash call.

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Zeneca

Article Abstract:

David Barnes, chief executive of Zeneca, has denied that the company could be involved in merger talks with SmithKline Beecham. The company has seen a drop in margins due to the cost of new product launches. Zoladex, an anti-cancer preparation, saw a 65% rise in US sales in 1st half 1996. Agrochemicals performed well during this period with a rise in profits of almost a half at 204 million pounds sterling. The company's profit is forecast at 1 billion pounds sterling for the whole of 1996.

Agricultural Chemicals, Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing, Chemical industry, Zeneca Ltd.

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Cambridge Antibody Technology

Article Abstract:

Cambridge Antibody Technology has seen a drop in its stock price and has been affected by a fall in investors confidence. The company may achieve a profit in 2005.

Biochemistry, Research and Development in the Physical, Engineering, and Life Sciences

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