Pharmaceuticals weigh on Singapore&#39;s August factory output
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SINGAPORE: Singapore manufacturing output growth slowed to 5.3 percent in August from 19.1 percent in July due to a sharp contraction in pharmaceuticals production, the government says.
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U.S. manufacturing expanded more slowly in August, according to a survey published on Tuesday.
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Generic drug wars and speculation on who will head Merck &amp; Co. next started to turn drug makers&#39; stocks around after the sector&#39;s benchmark index fell 4 percent and hit a 52-week low last week.
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QLT announces sales results for its lead drug.
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Monthly reports from factory purchasing managers reveal a slower than expected growth rate in August.
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NEW YORK - Merck &amp; Co.&#39;s decision to pull its Vioxx anti-arthritis drug from the markets because of severe side effects left the pharmaceutical sector mixed Thursday.
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A day late and possibly several millions of dollars short. That's the scenario facing one drug manufacturer unless it can get a helping hand from Congress.
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SHANGHAI -- Looking at the facts, the past year seems to have been disastrous for Worldbest Pharmaceutical.  First, there were reports of accounting irregularities and exaggerated profit. Half the managers were fired. Then, in the summer, six people died and at least 80 fell ill after receiving an antibiotic injection manufactured by a subsidiary. Most recently, the company warned investors that it was likely to report its third consecutive year of losses....
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The world's largest drug company reports strong third-quarter profits but warns that next years profits will be hit by the expiry of  patents.
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Manufacturing output climbed in June, official data has shown, but at a slower pace than had been forecast by analysts.
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New orders at U.S. factories showed  strength in August, even though a drop in aircraft orders  pulled the overall indicator lower, the U.S. Commerce  Department reported on Monday.
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Charging workersâ out-of-pocket costs for medicines may be more than offset by reduced productivity, study finds.
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Expansion in the U.S. factory sector slowed in August as higher costs for energy and raw materials squeezed manufacturers, a report showed on Wednesday, but analysts said growth remained relatively robust.
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Japanese industrial production grew in August for the first time in three months, official data has shown. Although only a month-on-month rise of 0.3%, and below some forecasts, the news saw Japan&#39;s leading shares rise for the first time in nine days.
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Expansion in the U.S. factory sector  slowed in August as higher costs for energy and raw materials  squeezed manufacturers, a report showed on Wednesday, but  analysts said growth remained relatively robust.
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Singapore says it hopes to double manufacturing output in 15 years even as regional competition heats up from lower-cost rivals such as fast-growing China and India.
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Singapore's exports expanded by 17 percent to a record high last year, reflecting strong demand from China for oil and commodities and solid sales of electronics and pharmaceuticals to the United States and European Union.