New Drugs Can Shine for Shire ; Midas

Summary


TEN years ago, Shire was a small, relatively unknown drugs company with a valuation of [pounds]100 million. Times have changed and it is now valued on the stock market at about [pounds]5 billion.

The company has transformed itself in recent years. Back in 2004, it was something of a one-trick pony, dominated by a single market, North America and a single drug, Adderall, for the treatment of attention deficit disorder.

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Extract


New Drugs Can Shine for Shire ; Midas

Today, it has a range of speciality drugs, designed primarily for niche markets.

The group has been ex...

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