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...Pfizer has also been rapidly investing its Covid cash in filling its drug pipeline, aiming to launch 19 new products over 18 months, most of which were discovered in-house, and to add at least $25bn in 2030...
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...Last week, first lady Jill Biden tested positive for the virus, while US president Joe Biden, now in India for the G20 summit, tested negative multiple times, according to the White House....
...But a senior White House official said the Biden administration was “not backing down” in the face of legal challenges....
...But the White House’s tough approach on antitrust makes large deals much riskier....
...Justice, intend to follow through on their mission to draw a tougher line on antitrust.Still outstanding are large contested deals, including Amgen’s planned $28bn takeover of Horizon Therapeutics and Pfizer...
...Illumina’s market capitalisation is roughly $33bn, about a quarter of Amgen’s and well below Pfizer’s $246bn valuation....
...Since investing in five of Japan’s trading houses three years ago, Buffett has increased his exposure twice. All five pay high dividends. Still, Lex questions their merits....
...Joe Biden has contracted Covid-19 and has started taking Pfizer’s antiviral pill to combat the disease, the White House announced.The 79-year-old US president tested positive on Thursday morning, according...
...Asset managers in general lag the national leaders, which include Amazon, Meta and Pfizer, according to the Open Secrets website....
...In this week’s episode, we hear from White House Covid coordinator Ashish Jha, professor of molecular medicine and cardiologist Eric Topol and the FT’s US pharmaceuticals correspondent Jamie Smyth on what...
...The White House has warned it will take more than six months to fulfil its initial order for Pfizer’s antiviral Covid-19 pill, as officials damped speculation the drug could immediately turn the tables on...
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...Rivals AstraZeneca, Johnson & Johnson, Russia’s Sputnik V and new entrants such as Novavax make up the remainder of the market, which is forecast to double in value to $124bn next year....
...Angelique Coetzee, chair of the South African Medical Association, on Tuesday addressed the UK House of Commons science and technology committee....
...Another critical element of an in-house team’s purpose is to maintain trust....
...The V&A in London is also in difficulties over treasures in its recent wonderful exhibition of Fabergé eggs, which ended some weeks ago....
...Pfizer’s strategy to keep more of its production in-house paid off....
...“While I understand your preference for in-house production, it appears that there are generic pharmaceutical firms with the technical capacity to measure up to the requirements of your production standards...
...In early March 2020, Pfizer’s chief scientific officer was summoned to the White House to discuss the disease that was sweeping across the world....
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...Biden is due to meet business leaders at the White House on Wednesday as he looks to drum up corporate support for his administration’s new vaccine mandates....
...Why can’t traditional lenders do this in-house? Today, the incumbent process is very manual. It’s very time-intensive. It’s very costly....
...So I would just say, it would be better to wait your turn in line,” the 78-year-old US president said in remarks from the White House on Friday, adding that he would get his own booster as soon as he could...
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