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InterviewCannabis industry
Cannabis grower Curaleaf weighs Europe listing after German legalisation
...medical cannabis treatment....
April 5, 2024
Drones
NHS to pioneer drone deliveries in bid to improve service
...Silicon Valley-based Zipline is to deliver medical supplies by drone for the UK’s NHS in a pioneering move that is meant to cut costs and improve services to hundreds of thousands of patients....
December 18, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
April 23, 2024
Biotech
Healthcare investor looks to cash in on pharma outsourcing trend with €1bn-plus sale
...It has also worked on drug development for US pharma company Johnson & Johnson, Danish biotech group Genmab and British biotech Iksuda therapeutics....
March 3, 2024
News updates from May 1: Fed signals that rates will remain higher for longer; Yen gains amid intervention speculation
CVS Health shares drop 11% after it warns of higher medical costs
...Other health insurance companies, such as Humana, have also warned of rising medical costs....
May 1, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
Spire Healthcare boosted by NHS waiting lists and medical insurance growth
...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
February 29, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News in-depthHealthcare costs
‘I don’t have a choice’: UK patients turn to medical loans for treatment costs
...Doctors and patients groups have sounded an alarm over the rise in medical loans....
May 4, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
CVS Health cuts guidance over high medical costs
...The group reported that revenue grew about 12 per cent to $93.8bn. Fourth-quarter earnings came in at $1.58 a share, missing analysts’ expectations of $1.63....
February 7, 2024
Novavax Inc
Sanofi licensing deal doubles value of vaccine group Novavax
...The partnership strengthens Sanofi, one of the world’s largest vaccine makers by sales, in the post-pandemic Covid jab market, where pharmaceutical groups are increasingly focused on combined shots against...
May 10, 2024
News updates from May 10: US says Israel’s use of its arms may have violated humanitarian law; Jim Simons dies
Risers and fallers in Europe
...Big share price moves in Europe today include Italian transport manufacturer Iveco Group, Swedish medical tech company Getinge, and British real estate portal Rightmove: Iveco Group: Shares in the Italian...
May 10, 2024
AstraZeneca PLC
AstraZeneca withdraws Covid-19 vaccine
...The announcement comes after the pharmaceutical group requested in March that the European Union marketing authorisation for Vaxzevria be withdrawn, a request that was granted on Tuesday....
May 8, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
Humana shares plunge after it warns of growing medical costs
...Earlier this month UnitedHealth Group also warned of growing costs....
January 25, 2024
News updates from January 18: US Congress passes bill to avert government shutdown, Pakistan strikes targets in Iran
Humana shares plunge 12% as it warns of higher medical costs
...Last week, UnitedHealth Group reported that medical costs in the last three months of 2023 were 16 per cent higher than in the same period a year earlier....
January 18, 2024
Deepmind Technologies Ltd
Google DeepMind unveils AI model for living cells
...A study by Boston Consulting Group published this week suggests that drugs discovered by AI have a higher success rate in early stage trials than those discovered by other methods....
May 8, 2024
Takeda Pharmaceutical Co Ltd
Takeda reaches $2bn deal to develop Alzheimer’s vaccine
...The Japanese group could advance the product to late-stage, phase 3 trials, AC Immune said, but regulatory approval could take several years....
May 13, 2024
FT Live
Funding Biopharma Innovation
Strategies for investing in drug development and commercialization
Wednesday, 26 June345 Park Avenue South, New York, NY, USA
Indian business & finance
Private equity targets India’s healthcare sector with record investments
...Global private equity executives from firms including Bain Capital and Blackstone Group, as well as KKR co-founder Henry Kravis, have visited India in recent months, talking up its economic potential and...
May 9, 2024
Live news: Three men charged by UK with assisting Hong Kong intelligence service
Risers and fallers in Europe
...moves in Europe today include London-listed distributor of industrial parts Diploma, Italian healthcare company DiaSorin and UK-based insurer Phoenix: Diploma: Shares in the FTSE 100-listed distributor of medical...
May 13, 2024
Medical science
Brain organoids target rare neurological disorder
...“Because organoids can be made from human cells, they can model aspects of human biology that cannot be captured in animal testing,” said Lancaster, group leader at the UK Medical Research Council Laboratory...
April 24, 2024
Eli Lilly & Co
Eli Lilly weight-loss drug found to address sleep apnoea in trial
...The Centers for Medicare & Medicaid Services said last month that Medicare Part D drug benefit plans will cover weight loss medicines when they are approved to treat a separate medical problem, such as heart...
April 17, 2024
Disease control and prevention
Prostate cancer rise sparks calls for overhaul of testing
...Countries should overhaul testing for prostate cancer to focus more on vulnerable groups, scientists have urged, as new research forecasts global deaths from the disease will almost double in 20 years....
April 4, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
UnitedHealth swings to loss after February cyber attack
...The February cyber attack has caused havoc for medical payments at the largest clearinghouse for medical claims in the US....
April 16, 2024
Royal Philips NV
Philips shares surge after $1.1bn settlement over sleep apnoea devices
...The Amsterdam-listed group said it had reached a deal with plaintiffs in the US to end “uncertainty” from the litigation, without admitting liability in personal injury claims and a medical monitoring class...
April 29, 2024
Michelle Mone
Tory peer Mone admits potential gain from Covid PPE contract
...Mone and husband Doug Barrowman said that the government was told of the Tory peer’s ties to a medical equipment company that won more than £200mn in state contracts during the pandemic....
December 17, 2023
LexRoyal Philips NV
Agnelli family’s bet on Philips now looks more than healthy Premium content
...A 29 per cent rise in Philips’ share price on Monday added €5.4bn to the group’s market value....
April 29, 2024
Medical science
Prostate cancer test fails to detect some aggressive forms, study shows
...Nearly seven men out of every 1,000 in the group invited for screening had died from prostate cancer, compared with nearly eight men out of every 1,000 in the group which had not....
April 6, 2024

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