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AstraZeneca loses patent for Toprol XL, vows to appeal court ...

... AstraZeneca, affected by two late-stage product failures in 2004, seems to have contingency plans in place.

It has signed deals worth $1.6 billion in December alone to license in new drugs, and is buying up KuDOS, a cancer research firm.

AstraZeneca's shares fell 4 per cent Wednesday in reaction to the news, trading at 26.87 pounds.

Posted on : Thu, 19 Jan 2006 14:35 GMT | Business News By : Paula Jenkins Related AMD gets back to profit mode, snatches market share from Intel Pearson reports strong growth in 2005 sales Aga Foodservice hopes 2005 results to toe market forecasts Eurostar focus on business travellers yielding results Tesco all set to report bumper Christmas sales In the Know...

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