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...The US plaintiff’s lawyers are hoping future juries will be more likely to be swayed by grieving parents than a large corporation....
...Large pharma companies have warned that a sharp rise in a tax on drug costs, the increase in corporation tax and the difficulty of introducing innovative products into the NHS are all reducing the draw of...
...AstraZeneca has signed a deal worth up to $247mn with Absci Corporation of the US to design an antibody to fight cancer, the latest tie-up in fast-expanding efforts to use artificial intelligence for drug...
...Drug distributor AmerisourceBergen prioritised “profits over the wellbeing of Americans” by failing to report suspicious orders for painkillers that helped fuel an opioids epidemic across the US, federal...
...Novo bulks up to boost sales of weight-loss drugs The Danish pharma giant Novo Nordisk has become Europe’s most valuable corporation by making drugs that help people lose weight....
...A 2021 report by the Rand Corporation found Americans pay on average two and a half times more for prescription drugs than 32 comparable countries in the OECD....
...Next, consider anger about profiteering and the public’s growing distrust of big corporations and their influence over the political class....
...Shares in two of the biggest marijuana companies, Tilray Brands and Canopy Growth Corporation, increased by 10 per cent and 13 per cent respectively in early afternoon trading on Wall Street....
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...This is less than the nominal value of some corporation tax cuts announced last decade by George Osborne, one of Hunt’s predecessors....
...“A company can add several percentage points of margin into their acquisition [through group drug purchasing]....
...All the fentanyl needed to supply the US for one year weighs the equivalent of 5 tonnes and would easily fit into one lorry, according to researchers at Rand Corporation....
...The Danish corporation behind Wegovy and Ozempic weight loss treatments has vaulted into the number three spot after its shares climbed 85 per cent....
...Strong earnings fuelled by weight-loss drugs have pushed the stock up 32 per cent this year. Citi expects Nvidia and Eli Lilly alone will make up a quarter of S&P 500 earnings growth in 2024....
...The US Food and Drug Administration delayed an approval decision on Eli Lilly’s breakthrough Alzheimer’s disease drug, which was expected to be approved this month....
...Just as we do not permit drug companies to rule on the safety of medicines, AI risk evaluation cannot be left to the industry alone....
...Attention now turns to how Sternfels will respond to complaints that he has concentrated decision-making in too few hands and has run McKinsey more like a corporation than the collegial partnership of old...
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...The Wall Street bank has struck seven deals using cash from a $2.5bn private equity “partnership fund” it set up in 2017 with the sovereign wealth fund China Investment Corporation, according to multiple...
...Researchers at the Rand Corporation US think-tank said the new paper was an important attempt to capture cartel dynamics but its methodology had a number of shortcomings....
...Shortly before the 2021 ballot, McKinsey agreed to pay almost $600mn to settle allegations in the US that it helped drugmakers “turbocharge” drug sales and contributed to an epidemic of opioid addiction....
...drugs”....
...“American corporations that want to operate in Europe are going to have to abide by regulations around disclosure and reporting that they have been fiercely lobbying against in the US,” said Mark Campanale...
...And: Bayer chief executive Bill Anderson has ruled out a fresh capital increase as he battles investor scepticism over his plan to turn around the indebted and litigation-stricken German drugs and pesticides...
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