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Illumina Inc
Illumina accused by Brussels of ‘delay tactics’ on Grail divestiture
World’s biggest gene sequencing company rejects EU’s fast- track application
May 27, 2023
Centerview Partners LLC
US boutique adviser Centerview names first co-presidents
...Tokat, 46, joined Centerview in 2009 with a group from Merrill Lynch that specialised in pharmaceutical and biotech companies....
April 21, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
The crisis in European equities
Flight risk? London listings are the most vulnerable to New York’s allure
...Activist investors want to split the group’s pharmaceuticals business from its crop science unit to optimise its valuation....
May 26, 2023
Credit Suisse Group AG
UBS to enter talks with Michael Klein to terminate First Boston deal
...Hamers also wants to retain bankers specialising in pharmaceuticals, media and telecoms, which UBS believes will provide a pipeline of wealthy customers for its private bank....
March 21, 2023
Disease control and prevention
First mass malaria vaccination campaign begins in Africa
...Children in Cameroon will begin receiving malaria vaccines as part of a rollout of the medicine developed by UK pharmaceutical company GSK in up to 12 countries across sub-Saharan Africa....
January 22, 2024
Mergers & Acquisitions
EU wrong to block Illumina’s $8bn takeover of Grail, says court adviser
Advocate general of bloc’s top court says decision against world’s biggest gene sequencing group should be annulled
March 21, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
The Big Read
The next pandemic is coming. Will we be ready?
...But the proposal has run into opposition from the pharmaceutical industry....
April 4, 2024
Disease control and prevention
Case study: how sharing risks can save lives
...Gavi then established a funding mechanism, and deployment has since expanded significantly....
October 15, 2023
Disease control and prevention
WHO approves second malaria jab for children
...Eighteen countries had expressed interest in procuring the vaccine through Gavi, the global vaccine alliance, the highest-ever demand for any jab in the first year after applications were opened, said Mary...
October 2, 2023
Disease control and prevention
Oxford vaccine developer criticises WHO’s mid-2024 target for malaria shot
...We expect the vaccine to be rolled out [by global vaccine alliance Gavi and Unicef] by the first or second quarter of next year.”...
October 6, 2023
Illumina Inc
EU regulators to order Illumina to sell $8bn cancer treatment group
Rare step comes after Brussels fined US biotech for buying Grail without approval
October 9, 2023
LexPharmaceuticals sector
23andMe: DNA testing kit company needs drug discovery Premium content
Money for research will be required but salvation may come from a partnership with GSK
August 22, 2023
Illumina Inc
Glass Lewis backs Carl Icahn’s push to oust Illumina’s chief and chair
Proxy adviser says the two executives failed to take responsibility for destructive deal for Grail
May 10, 2023
Illumina Inc
Illumina faces record fine over purchase of Grail without EU approval
World’s biggest gene sequencing group closed deal with cancer screening start-up despite ongoing investigation
July 4, 2023
Novavax Inc
Cash-strapped Novavax urges governments to honour Covid jab deals
...Current liabilities are almost $2bn, which include the Gavi arbitration process....
May 14, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexMergers & Acquisitions
Pharma: M&A strategy gets dose of bitter medicine Premium content
Antitrust challenge may force big pharma groups to rethink ‘pure play’ business models
June 12, 2023
Illumina Inc
Illumina hit with record €432mn fine for ignoring EU concerns over Grail deal
US gene sequencing company proceeded with acquisition of cancer test developer even as regulators were probing deal
July 12, 2023
Biotech
Grail sued by three female ex-employees over ‘toxic work culture’
Illumina-owned cancer testing group allegedly failed to deal with accusations of inappropriate behaviour and racism
July 13, 2023
The Art of FashionThe Art of Fashion: the Literary issue
Novelist Ottessa Moshfegh finds joy in simple clothes
...In her hit 2018 novel My Year of Rest and Relaxation, Moshfegh’s narrator — a rich, depressed young woman with a face like Amber Valletta’s and a plan to ingest as many pharmaceuticals as it takes to sleep...
August 22, 2023
Health sector
More than 400 Grail patients incorrectly told they may have cancer
Error prompts life assurance customers to pause or review relationship with early detection biotech
June 2, 2023
Medical science
Oxford malaria vaccine wins first regulatory approval from Ghana
...at the US-based Center for Global Development think-tank, said the regulatory approval for R21 was “very exciting”, while stressing that it did not mean donors or international vaccine procurers such as Gavi...
April 13, 2023
Mergers & Acquisitions
Buffett’s favoured advisory firm takes stake in Italian machinery maker IMA
...Founded in 1961, IMA designs and manufactures machines for the processing and packaging of pharmaceuticals, cosmetics and food, among other things....
July 31, 2023
Illumina Inc
Carl Icahn says Illumina directors demanded extra insurance for Grail deal
Activist investor steps up battle over ‘disastrous’ acquisition by world’s biggest genome sequencer
March 24, 2023
Illumina Inc
Carl Icahn takes aim at genome sequencer Illumina over Grail deal
Company’s shares jump after activist investor launches proxy battle
March 13, 2023
The Big Read
Transformers: the Google scientists who pioneered an AI revolution
...The company has already delivered AI-designed molecules for infectious disease vaccines to a large pharmaceutical company....
July 23, 2023

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