Hints and tips:
...Merck has been on the hunt for acquisitions over the past year as it seeks to diversify its pipeline ahead of the potential loss of exclusivity on its blockbuster cancer drug Keytruda....
...“From a public health point of view I think we’re doing important things and I think that will translate to revenues and a return to Pfizer,” William Gruber, senior vice-president of Pfizer vaccine clinical...
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...Moderna and BioNTech/Pfizer are on the hunt for partners that can help them sustain manufacturing, especially for production of lipid nanoparticles, the people said....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...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....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Pfizer, AbbVie and Bristol-Myers Squibb all have blockbuster drugs due to lose exclusivity soon and have recently sealed multibillion-dollar deals....
...Pfizer last month paid $2.3bn to acquire Trillium Therapeutics, which is developing a therapy that it hopes will be transformative for treating blood cancers....
...The AU will pay $6.75 a dose for the BioNTech/Pfizer vaccine and $10 for Johnson & Johnson’s, a single-dose product....
...Among over-70s, protection against developing any Covid-19 symptoms four weeks after the first dose ranged between 57 and 61 per cent for the BioNTech/Pfizer and between 60 and 73 per cent for the Oxford...
...3 trial still has to be completed and the data submitted to regulators for approval, but the initial results for the shot, which uses groundbreaking mRNA technology, were a significant milestone in the hunt...
...After such strong reads from the first two releases (three if we count Russia’s Sputnik V), the disappointing AZN figures were perhaps bound to prompt downward pressure on the company’s shares....
...Days later, it had signed deals with Pfizer and China’s Fosun to help the company — which had roughly 1,300 staff — with clinical trials and mass production....
...In August, Russia became the first country to approve a Covid-19 vaccine — named Sputnik V — for civilian use, but western experts cast doubt on its efficacy and safety....
...A version of this article was first published by Nikkei Asia on October 19 2021. ©2021 Nikkei Inc. All rights reserved....
...Those who have followed the dealings of AstraZeneca’s chief executive will know he’s been on the hunt for a target....
...“This is not going to be a V-shaped recovery from here given the many months [or] years it will take for full repair, but it feels good now.”...
...Pets at Home shares trade at 26 times Peel Hunt’s 2021 adjusted earnings estimates of 14.7p, ahead of its recent history....
...Here’s Peel Hunt: Another very strong update regarding customer numbers and activity. New customers in Q2’20 to date is already an impressive 110,574, following on from 82,951 in Q1....
...That an mRNA approach (also favoured by Pfizer and BioNTech) can produce antibodies is a decent proof of concept that the accelerated development pathway might, just might, work....
...Qatar Investment Fund cuts out the middleman Qatar’s sovereign wealth fund is joining its Gulf counterparts in the hunt for deals....
...Tristram Hunt, director of the V&A, said Dundee would continue to have access to its best collections. “You’ll see with upcoming exhibitions that they get the prime cuts....
...In December, GSK said it was hiving off its consumer division and debt into a joint venture with Pfizer....
...This explains why pharma executives are engaged in a perpetual hunt for new medicines to replenish their pipelines and replace revenues from drugs that fall off the “patent cliff”....
International Edition