CSL targets $33bn asthma market with new drug
Australia’s biggest health company is trialling a potentially groundbreaking treatment for one of the world’s most common respiratory conditions.
Australia’s biggest health company is trialling a potentially groundbreaking treatment for one of the world’s most common respiratory conditions.
Australia’s vaccine powerhouse, CSL, is being accused of shifting $5bn to Switzerland to crush its tax bill at a time the company was tied up in giant government contracts.
The blood products and vaccine giant has opened a new $2bn headquarters in Melbourne, which will also house an incubator for 40 biotech start-ups.
It turns out one of the toughest decisions CSL chief Paul Makenzie had to make just weeks into his tenure was picking which AFL team to support.
Australia’s biggest health company says it has a suite of solutions to restore profit margins to pre-pandemic levels.
CSL, Pro Medicus, Cochlear lead health sector rally. AUD at US65c after lower quarterly wages growth. China reveals more economic weakness. NAB spikes on buyback. Seek tumbles.
Aegros has delayed a potential ASX float by another year as it completes a flurry of deals and investments to prove that it’s not just another ‘biotech gonna’.
The blockbuster new drug to cure haemophilia with one $3.5m shot has finally made its way to the first patient – boosting hopes for CSL’s $1bn franchise.
Another of rate cuts in China lifts dollar. IAG closes at three-year high. Australia sees first post-GFC bond inversion. ANZ ups rate peak after hot jobs data. DGL tanks on update.
Joy Linton, chief financial officer of the ASX-listed health titan, says it will be ‘some time’ before margins return to pre-pandemic levels.
Fortescue sees strongest gain this year. CSL hammered on foreign currency hit. Gas industry to increase supply. Citi warns on coal sector. Consumer confidence at three-year low.
Small cap health stocks commonly don’t pay dividends. But these ASX players have been handing out – not burning through – cash.
The only world-ranking ASX company that is not a bank or a miner has been drifting for months. Whether that’s good or bad, depends on what likely follows next.
A new factory in Melbourne’s northern suburbs will form the centrepiece of CSL’s arsenal in fighting future pandemics.
Nick Cater’s comparison of coal and wind turbines’ capacity to deliver a per megawatt of electricity, and the density that requires, is revealing.
More than 8 million influenza vaccines have hit public and private providers as Australia’s biggest health company CSL predicts the worst season in a decade.
It defies belief that the NSW government and Labor opposition think the lights will stay on without coal-fired power.
CSL has created a world-first cure that is also the globe’s most costly drug — flipping the traditional model of big pharma on its head.
Its founder has quit, it has $2bn in debt and big investors are worried about its financial future. So what went wrong for the Australian medtech firm once slated to be the next CSL?
With the Greens now demanding an immediate end to all gas projects, any semblance of a workable safeguard mechanism in this country has been hijacked by extremists.
As Paul Perreault prepares to leave his role as chief executive of CSL, he shares his recipe for success after more than a decade at the helm of Australia’s biggest health company.
At homegrown pharma giant CSL, medical innovation is about to really heat up.
All of the key divisions at Australia’s biggest health company have generated solid growth as plasma collections rebound from the pandemic.
Shares end losing streak. Sims jumps on consensus beat. Challenger up on reaffirmed guidance. Star crashes to new low. Ansell and Temple & Webster dumped on profit slumps.
ASX 200 less than 1 per cent off its record. Commonwealth Bank closes at all-time high. CSL hits 15-month best. IAG falls on perils blowout. Iron ore miners fall on China prospects.
Australian biotech Aegros has developed a TGA-approved plasma fractionation process that can double the yield of existing methods and make the country self-sufficient.
Paul Perreault will leave the $143.80bn biotechnology giant in March and hand over the reins to veteran Paul McKenzie.
Tech, banks lead ASX higher; Star’s Heap and Lahey to leave board, contest ASIC allegations; Bendigo Bank surges on cash profit; Woodside slams gas price cap and miners drag.
Despite rising costs, ongoing labour shortages and supply chain issues, business confidence is still growing, says Crown Resorts’ Ciaran Carruthers. CSL’s Paul Perreault disagrees.
CSL’s major new factory will fuel a nine-fold increase in its plasma processing capacity in Australia.
Original URL: https://www.theaustralian.com.au/topics/csl/page/3