The global pharmaceutical industry held up well during the pandemic, with 10 of the largest businesses only seeing a roughly –3% drop in revenue in 2020. Eight of the 10 even came out ahead. That’s one of the big takeaways from our sister publication Drug Discovery & Development’s inaugural Pharma 50, a compilation of data…
The top 5 pharma firms by reputation
Recent research from reputation data specialist RepTrak (Boston) indicates that the pharma industry had the largest year-over-year reputational improvement of any sector, according to its roundup of top 100 corporations. The sector saw significant gains in consumers’ perception of its citizenship and governance. Now ranked eighth overall, the pharma industry came in just ahead of…
Roche to spend $500M on new operations center in Canada
Roche (SWX: RO, ROG) recently announced that it will create a Global Pharma Technical (PT) Operations site at its Canadian pharmaceutical headquarters in Mississauga, Ontario. The new operations site, announced, Oct. 16, involves a $500 investment over five years, with 200 people hired for skilled jobs by the end of this year. Roche plans to hire 300 more…