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...AbbVie and Eli Lilly have withdrawn from the deal after the German conglomerate Bayer’s pharmaceutical chief executive told the Financial Times on Monday that it was reducing its UK footprint and cutting...
...Eli Lilly, Amgen, Pfizer and Regeneron are among the companies aiming to compete with market leader Novo Nordisk in a category which analysts say is rapidly becoming a healthcare priority and could produce...
...Bayer shuns ‘innovation unfriendly’ Europe The German pharmaceutical company has said it is shifting the focus of its drugs business to the US and away from Europe, where governments are making “big mistakes...
...Paul Hastings O: 6; L: 7; I: 7; Total: 20The firm advised South Korean pharmaceutical company SD Biosensor and South Korean private equity fund SJL Partners on the acquisition of US-listed pharmaceutical...
...This month, it became the first US-approved drug that will not be routinely covered by government healthcare schemes....
...The UK Medicines and Healthcare products Regulatory Agency could approve the Pfizer/BioNTech vaccine as early as this week, while US regulators are due to rule this month on both the Moderna and Pfizer/BioNTech...
...It marks the first green light for molnupiravir, an easy-to-administer oral treatment that halved the risk of hospitalisation or death for people with mild to moderate Covid during clinical trials....
...Such interactions were “alarmingly overlooked in the setting of the Covid-19 healthcare crisis”, the authors of the study concluded....
...Merck said it would apply for emergency use authorisation for the drug in the US within the next two weeks and seek a green light in several other countries....
...“We have a traditional way of doing a potency assay that takes x amount of time that can be used in the [UK’s Medicines and Healthcare products Regulatory Agency] filings and there’s a second generation...
...Some critics argued the approval was a sign the FDA is too close to the pharmaceutical industry....
...Complicating the debate is a growing chorus of anger over the FDA’s decision to green light the drug in the first place, given the scant evidence of its efficacy....
...MyHealthChecked, the consumer home testing healthcare company, posted a £3.7m annual loss on revenues of £49,480....
...“It’s very rare and very difficult for healthcare professionals to recognise these cases,” Straus said, adding that spotting cases early can prevent complications....
...Biogen’s decision to price its newly approved Alzheimer’s treatment at $56,000-a-year has reignited the debate over the high cost of drugs in the US, the world’s largest and most profitable healthcare market...
...It was given the green light after Eli Lilly received an EUA for a similar antibody treatment....
...ESG concerns about healthcare companies are not going away....
...over, and poorer countries whose governments are stretched to secure doses for healthcare workers and the most vulnerable....
...Bayer, the German pharmaceutical group, also said it would donate 3m of its malaria tablets, but as they are not approved in the US, they need an emergency authorisation from the FDA....
...The prospect of much lower bond yields — and, crucially, the expectation that central banks will contain any sharp rise — has encouraged investors to boost their exposure to the technology and healthcare...
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...Considering our ageing population, investments in healthcare and pharmaceutical companies must also form part of our portfolio....
...In April last year, BlackRock refused to back the board of German pharmaceutical group Bayer at the company’s annual meeting, in a largely symbolic protest over its handling of a merger with pesticides-maker...
...Their concentrated ownership of industries such as airlines and pharmaceuticals may push up travel and drug prices, some academics argue....
...The pharmaceutical and healthcare sectors have been among the most active with $479bn worth of transactions announced....
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