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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...That is problematic given the amount of contested information and conspiracy theories about medicine and health services that is posted online, for example by members of the “anti-vaccine” movement....
April 23, 2024
News in-depthPfizer Inc
Covid vaccine winners suffer reversal of fortune
...She said if it controlled costs, the $27bn market capitalisation was quite attractive, given it had more than €17bn in cash and cash equivalents....
October 3, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Pfizer and BioNTech will dispute Moderna’s ability to withdraw the pledge when it did, given the World Health Organization did not declare the end of the “global health emergency” until March 2023....
April 22, 2024
Coronavirus treatment
Expired Pfizer Covid antiviral drugs set to cost Europe $2.2bn, data shows
...Paxlovid — designed to be given to patients shortly after they test positive for the virus — has been far easier to obtain in the US than in Europe, where access has often been restricted to the elderly...
January 1, 2024
Pfizer Inc
Pfizer to buy biotech group Biohaven for $11.6bn
...“We believe Pfizer is uniquely positioned to help the portfolio [Biohaven] reach its full potential given our leading scale and capabilities,” said Nick Lagunowich, head of internal medicine at Pfizer....
May 10, 2022
Banks
Mike Mayo ❤️ Citi
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
January 2, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Coronavirus treatment
Covid antivirals lose spark as regulatory scrutiny increases
...interactions in Paxlovid “if given with the wrong medication”....
October 9, 2023
Insider trading
Ex-Pfizer employee charged with insider trading over Covid treatment
...“Blinded” refers to the arm of a clinical trial in which participants are kept in the dark about whether they are being given a placebo. A lawyer for Bhiwapurkar did not reply to requests for comment....
June 29, 2023
Mergers & Acquisitions
M&A crackdown a ‘disaster’ for pharma sector, Pfizer executive warns
...“The FTC filing a lawsuit to block this deal will dampen M&A enthusiasm across the biotech sector, particularly given the lack of direct portfolio overlap between Amgen and Horizon,” said Matt Phipps, analyst...
May 17, 2023
Covid-19 vaccines
Brussels and Pfizer agree deal to cut supply of Covid vaccines
...The holdouts had complained that it was not a good use of stretched healthcare budgets, given the fading threat from Covid-19....
May 26, 2023
HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
January 19, 2024
Amgen Inc
Amgen resolves US regulator’s challenge to $28bn Horizon deal
...Shares in Pfizer added about 1 per cent on Friday, while Seagen was up about 0.9 per cent....
September 1, 2023
Pfizer Inc
Pfizer to buy oncology-focused biotech Seagen for $43bn
...Some analysts said a tie-up between Pfizer and Seagen would be unlikely to provoke a negative response from the Federal Trade Commission given there was limited overlap between the companies’ products....
March 13, 2023
Pfizer Inc
Pfizer pins hopes on record pipeline to recover from post-Covid hangover
...Most analysts have praised Pfizer’s selection of acquisitions but some say it is moving too slowly on M&A, given that it still needs to buy companies capable of generating an extra $15bn in annual revenues...
February 21, 2023
Coronavirus treatment
Merck struggles to win European approval for Covid antiviral pill
...According to European officials, national healthcare systems in Europe are favouring Pfizer’s Paxlovid, another Covid antiviral pill, whose efficacy in reducing death and hospitalisation has been confirmed...
February 16, 2022
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Pfizer Inc
Pfizer gears up to make Covid drug Paxlovid in China
...Other local remedies have received approval, but experts said Paxlovid remained the medical community’s preferred drug given the clinical evidence of its efficacy....
January 10, 2023
BioNTech
BioNTech faces hundreds of German compensation claims for Covid-19 jab
...Given that close to three-quarters of the 224mn vaccine doses administered in Germany were produced by BioNTech in collaboration with Pfizer, the vast majority of the claims are being brought against the...
June 11, 2023
Amgen Inc
FTC warns of ‘rampant’ pharma consolidation as it targets $28bn Amgen deal
...The oncology-focused biotech agreed a $43bn deal to be acquired by Pfizer....
May 16, 2023
Coronavirus treatment
China’s elite give Paxlovid to friends as demand soars for Covid drug
...The rest of the country, in particular under-equipped rural areas, have even dimmer hopes of acquiring the drug given the low import volumes....
December 28, 2022
Pfizer Inc
Pfizer lifts revenue outlook as Covid jab price rise boosts sales
...“While the bears will point to the massive Comirnaty beat as unsustainable, we’re not yet throwing in the towel given an emerging pipeline and significant balance sheet flexibility,” he said....
November 1, 2022
ETF Hub
Volatile markets increase appeal of ETFs with a buffer
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
April 24, 2023
Covid-19 vaccines
US approves Omicron vaccines from Moderna and BioNTech/Pfizer
...The Moderna shot is authorised for anyone aged 18 and over, while the BioNTech/Pfizer vaccine can be given to anyone aged 12 or older....
August 31, 2022
Covid-19 vaccines
Moderna accuses BioNTech/Pfizer of copying mRNA technology
...“Pfizer/BioNTech has not yet fully reviewed the complaint, but we are surprised by the litigation given the Pfizer/BioNTech Covid-19 vaccine was based on BioNTech’s proprietary mRNA technology and developed...
August 26, 2022
Mergers & Acquisitions
Pfizer in talks to buy Global Blood Therapeutics for roughly $5bn
...“Given management’s urgency to transact, we expect more deals over the balance of 2022 and into 2023,” he said. Pfizer declined to comment....
August 5, 2022
Pfizer Inc
Why Pfizer’s ‘living with Covid’ pill is not a miracle drug
...But he added that another important question was whether the drug works as well against Omicron, given it was mainly studied when the Delta variant was dominant....
July 13, 2022

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