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...This month Brazil started distributing a vaccine produced by Japanese pharmaceutical group Takeda....
...Pfizer: The pharmaceutical company is expected to report that quarterly revenue declined 23.4 per cent from the same period last year to $14bn, according to LSEG, as the company faces weak demand for its...
Food and Drug Administration poised to call for outside assessment of Lykos PTSD therapy in test for psychedelics sector
...So effective is Vertex Pharmaceuticals’ blockbuster cystic fibrosis (CF) drug, Trikafta, that studies project it could extend the lives of some young patients by up to 45 years....
...Moderna: The pharmaceutical group will hold its annual investor day, when shareholders will be keen to learn more about how it plans to grow its business beyond the Covid-19 pandemic....
...It is struggling to raise enough funding for clinical trials, because metformin is a generic drug, so offers insufficient profit to pharmaceutical companies....
...In December last year, J&J moved the registered headquarters of the subsidiary from an address in North Carolina to one in Texas, changing the name of the subsidiary from LTL to LLT as part of the process...
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...California has taken a first step to push down pharmaceutical prices in the US state, striking a deal with the maker of a drug that can reverse opioid overdoses to purchase the medicine at a large discount...
...The Minneapolis-based packaged foods giant — whose brands include Cheerios and Wheaties — is reportedly looking to sell its North American yoghurt business in a deal that could be worth more than $2bn....
...We reveal today how 50 corporate winners from the pandemic have lost roughly $1.5tn in market value since the end of 2020, as investors ditch the ecommerce, home entertainment and pharmaceutical stocks that...
...The pharmaceutical company’s market capitalisation recently overtook Tesla thanks to investor enthusiasm over Mounjaro’s success. Earnings are expected to decrease by three cents to $2.11 a share....
...America....
...Pharma: Pharmaceutical groups Bristol Myers Squibb, Regeneron and AbbVie will also report earnings before the market opens....
...Friday’s decision comes after the state of New Hampshire failed in its bid to receive FDA permission because it did not identify a pharmaceutical wholesaler which could deliver the drugs....
...The US market is the engine of the global pharmaceutical industry. Its exceptionally high drug prices help deliver as much as three-quarters of the sector’s global profits....
...It was unbelievable,” said Alisha Alaimo, Biogen’s North America head....
...Gilead Sciences fell 10.5 per cent after the pharmaceutical company said its treatment for lung cancer failed to improve the survival of patients in its latest trial....
But the boost to liquidity can prove shortlived
Drug developers raised $6bn in January, helped by a rebound in merger activity
Investors favour index trackers over stock pickers as they make a tentative return to markets
Plus, CZ gets four months and outflows from bitcoin ETFs
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
...In contrast, pharmaceutical companies raised just $160mn for antibiotic research, a decline over the decade. Commercial activity and research in antibiotics have been in decline since the 1980s....
Also in today’s newsletter, a new twist in the Science-Based Targets initiative drama
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