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Canary Wharf Group PLC
Canary Wharf offices lose £900mn of value
...fears over the health of the office market....
April 25, 2024
AstraZeneca PLC
AstraZeneca shareholders urged to oppose pay plan for CEO Soriot
...Glass Lewis and ISS also recommended shareholders oppose that plan....
March 30, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Novo Nordisk AS
Novo to use Ozempic and Wegovy windfall to invest $7bn a year by 2030
...Novo Holdings, the controlling shareholder of Danish drugmaker Novo Nordisk, plans to invest up to $7bn annually by 2030, as dividend payments from the maker of diabetes drug Ozempic and weight loss treatment...
February 12, 2024
Biotech
Drugmakers race to find alternative suppliers as US cracks down on Chinese biotech
...“The companies’ management teams have an obligation to ask if the Biosecure Act gets approved what is their plan B?”...
April 11, 2024
Novo Nordisk AS
Novo Nordisk chief seeks more deals to cement weight-loss lead amid ‘hype’
...It recently acquired three sites from contract manufacturer Catalent for $11bn to enhance its ability to fill injection pens, as part of a three-way deal led by its controlling shareholder Novo Holdings....
March 8, 2024
News in-depthUK infrastructure
Cambridge innovation hub at risk from lack of infrastructure, warn businesses
...Subsequently, the Department for Levelling Up, Housing and Communities announced it was forming a Cambridge “growth company” to give central government a role in tackling development issues....
March 30, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...Cuban is targeting the 38 per cent of private sector employers who self-insure at least one of their health plans....
April 25, 2024
Roche Holding AG
Roche cuts drug pipeline in effort to revitalise business
...company’s biggest-selling drugs....
April 24, 2024
Jennifer Dixon
An election manifesto for the NHS — and a healthy economy
...The answer lies in shorter-term practical wins the public can get behind, plus medium to longer-term plans for overdue change. More investment is unavoidable....
April 18, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Przybelski, at UW Health, said about half his patients were initially refused by Medicare Advantage plans for PET scan coverage, adding that “it normally involves a long phone call” to get scans approved...
April 22, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
US health insurers plunge on disappointment with Medicare Advantage rate
...The latest number was unchanged from the government’s forecast in January, dashing hopes of an earnings boost for companies servicing that segment....
April 2, 2024
Biotech
Weight loss biotech plans IPO as demand builds for anti-obesity treatments
...An IPO could happen as early as late July as the company looks to cash in on investor excitement about the next generation of weight-loss drugs and a revival in the biotech IPO market....
March 29, 2024
LexBayer AG
‘Broken’ Bayer needs bolder action Premium content
...Bondholders who bought into a diverse group do not like the prospect of holding debt in a smaller company riddled with problems....
March 7, 2024
National Health Service
Sunak falls short of pledge to cut NHS waiting lists in England
...This meant A&E departments fell short of the interim target set out in the NHS recovery plan for 76 per cent of patients to be seen in four hours by March this year....
April 11, 2024
Eli Lilly & Co
Eli Lilly weight-loss drug found to address sleep apnoea in trial
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
April 17, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Healthcare
Investors eye opportunities in Labour pledge to boost private health sector
...“Labour’s plans will cost the taxpayer a lot more as very large profits are being made from NHS care by private companies,” he said....
February 20, 2024
LexJapan
Japan’s drug stores could benefit from activist investor treatment Premium content
...Beneficiaries from a valuation boost would include shareholders of Seven & i Holdings, Japan’s largest convenience store operator, which owns 7.8 per cent of Ain’s outstanding shares, according to the company...
March 7, 2024
National Health Service
Sunak urges ‘extreme caution’ after review criticises NHS gender identity care
...“We will set out a full implementation plan following careful consideration of this final report and its recommendations,” said NHS England....
April 10, 2024
Covid-19 vaccines
Moderna puts plans for African vaccine plant on hold
...Promises from governments and pharmaceutical companies to boost vaccine equity and pandemic preparedness in anticipation of the next global health crisis have fallen down the political agenda, while disputes...
April 11, 2024
Executive Pay
Ex-Smiths chief set for pay bump after quitting UK conglomerate for smaller US group
...However, his exit was seen as inevitable from early in his tenure when shareholders privately rebuffed a plan to offer him a $10mn bonus, according to people with knowledge of the plan....
April 22, 2024
Liberty Media Corp
Liberty Media plans US growth for MotoGP after €4.2bn deal
...“We’re going to keep the company independent. We’re certainly not going to be trying to merge and sell the product in the TV market as one,” he said....
April 1, 2024
UK Budget 2024
Chancellor sets out £3.4bn plan to boost NHS productivity
...The health service was “holding on by [its] fingernails” even to maintain current performance levels, he added....
March 6, 2024
ExplainerUK employment
Is Britain suffering from a ‘sick note culture’?
...In November, the OBR said that plans announced in the Autumn Statement to tighten incapacity benefits would save the Treasury £1bn a year but boost employment by just 10,000 — while an expansion of therapy...
April 25, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
JAB Holdings to sell nearly $3bn in Keurig Dr Pepper stock
...JAB will continue to own around 21 per cent of KDP’s stock after the sale, and said it plans to “continue to be a long-term anchor shareholder” in the company....
March 1, 2024
Accor SA
Accor in talks with Dubai Holding to fund Orient Express superyachts
...Dubai Holding would become the majority owner in the property company behind the yachts, if the deal goes ahead, providing Accor with the benefit of moving the assets off its balance sheet, the people said...
February 27, 2024

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