AstraZeneca PLC's blockbuster psychiatric drug Seroquel did not trigger diabetes in a Vietnam veteran, a jury ruled Thursday in the first trial out of thousands of cases alleging the powerful drug caused diabetes. The British drugmaker said a jury in Middlesex County Superior Court in New Jersey voted 7 to 1 in favor of the company, after deliberating for ...

AstraZeneca PLC announced a supply partnership with India's Torrent Pharmaceuticals on Thursday, its first such link with a generic drugmaker as it seeks to boost its presence in emerging markets and counter patent losses on blockbuster medicines. Under the deal, Torrent will supply AstraZeneca with a portfolio of 18 generic medicines, copies of previously patented medicines, which the Anglo-Swiss ...

Shares of biotechnology company Nektar Therapeutics Inc. jumped Wednesday as analysts brushed off the report of a fourth-quarter loss and focused instead on the company's pipeline of products. The stock rose $1.53, or 12 percent, to $14.06 in afternoon trading. Shares earlier reached a 52-week ...

Pharmaceutical company AstraZeneca PLC said Tuesday that it is reorganizing its global research and development operations and eliminating about 1,800 R&D jobs as part of a previously announced cost-cutting plan. About 550 jobs will be eliminated at AstraZeneca's U ...