British Biotech hurt by results of drug trials

Article Abstract:

British Biotech PLC announced that its Marimastat cancer drug experienced another clinical trial. The pancreatic cancer drug's failure led to an approximately 40% decline in the company's value.

Product development, Abstract, British Biotech PLC, Marimastat (Medication)

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Alliance's pretax profit falls 9.5%, hurt by competition

Article Abstract:

Alliance and Leicester PLC posted a decline of 9.5% in pretax profits for the 2000 year. The company posted 446.7 million pounds (708.4 million euros) in pretax profits.

Commercial Banks, Commercial Banking, Sales, profits & dividends, Banking industry, Finance, Alliance & Leicester PLC

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Pharmacia cancer drug is approved by U.S

Article Abstract:

Pharmacia & Upjohn Inc. has been given approval for its breast-cancer drug in the US. The epirubicin drug has already been in use in other countries for several years now. The drug will be marketed under the Ellence name. It had sales of $177 million (170 million euros) in sales in 80 countries in 1998. The drug was approved by the US Food and Drug Administration.

Comment:

Given approval for epirubicin breast-cancer drug in the US

United States, Pharmacia and Upjohn Inc.

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