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Faced with patent herve leger expires on once best-selling medicines and a thin pipeline of new drugs, the former Roche executive, who joined on October 1, needs to re-focus operations and step up the hunt for acquisitions, analysts believe.Soriot told reporters on Thursday that buying in products would be an important way of rebuilding the pipeline, adding there was also scope for the recently launched heart drug Brilinta to do "far better,One of the critical things we need to do in the mid-term is to bolster our pipeline and that will rely on business development activities, there is no question about it, he said.In his first day in office, Soriot suspended the group's share buyback program, giving him increased financial flexibility as the group undergoes a strategy review that Soriot confirmed would be presented to investors at the end of January.Soriot said innovation would remain core to operations and his priority was to "restore the company to growth and scientific leadership" at a time when some rivals are embracing increased karen millen outlet diversification.In the search for promising new drugs, bankers believe AstraZeneca may look at potential acquisitions ranging from small and mid-sized biotech firms to specialty pharma companies like Forest Laboratories and Shire.GAIN ON OTC NEXIUMIn addition to generic competition, the strength of the dollar was a drag on results, although this was offset by lower spending and a one-off gain from Pfizer's purchase of rights to an over-the-counter form of stomach acid drug Nexium.As a result, "core" earnings, which exclude certain items, were down by only 12 percent at $1.51 a share, which helped lift the shares by 0.9 percent by 0945 GMT.Industry analysts, on average, had forecast sales in the quarter of $6.75 billion and earnings of harve leger dress $1.44 a share, according to Thomson Reuters I/B/E/S.Britain's second-largest drugmaker reiterated its forecast for a fall in full-year core earnings to between $6.00 and $6.30 a share, against $7.28 in 2011.AstraZeneca is a pure pharmaceuticals group, without the cushion of alternative revenue streams found at more diversified rivals, increasing its need to find new prescription drugs - something its labs have struggled to do in recent years.One of its few new drug launches recently has been Brilinta
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Faced with patent herve leger expires on once best-selling medicines and a thin pipeline of new drugs, the former Roche executive, who joined on October 1, needs to re-focus operations and step up the hunt for acquisitions, analysts believe.Soriot told reporters on Thursday that buying in products would be an important way of rebuilding the pipeline, adding there was also scope for the recently launched heart drug Brilinta to do "far better,One of the critical things we need to do in the mid-term is to bolster our pipeline and that will rely on business development activities, there is no question about it, he said.In his first day in office, Soriot suspended the group's share buyback program, giving him increased financial flexibility as the group undergoes a strategy review that Soriot confirmed would be presented to investors at the end of January.Soriot said innovation would remain core to operations and his priority was to "restore the company to growth and scientific leadership" at a time when some rivals are embracing increased karen millen outlet diversification.In the search for promising new drugs, bankers believe AstraZeneca may look at potential acquisitions ranging from small and mid-sized biotech firms to specialty pharma companies like Forest Laboratories and Shire.GAIN ON OTC NEXIUMIn addition to generic competition, the strength of the dollar was a drag on results, although this was offset by lower spending and a one-off gain from Pfizer's purchase of rights to an over-the-counter form of stomach acid drug Nexium.As a result, "core" earnings, which exclude certain items, were down by only 12 percent at $1.51 a share, which helped lift the shares by 0.9 percent by 0945 GMT.Industry analysts, on average, had forecast sales in the quarter of $6.75 billion and earnings of harve leger dress $1.44 a share, according to Thomson Reuters I/B/E/S.Britain's second-largest drugmaker reiterated its forecast for a fall in full-year core earnings to between $6.00 and $6.30 a share, against $7.28 in 2011.AstraZeneca is a pure pharmaceuticals group, without the cushion of alternative revenue streams found at more diversified rivals, increasing its need to find new prescription drugs - something its labs have struggled to do in recent years.One of its few new drug launches recently has been Brilinta
Aslo like:
http://www.king-ranch.com/overview.html