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Pfizer Inc
Pfizer plans direct-to-consumer platform for Covid and migraine treatments
...“They can go to [the] website, they can get the information they need, they can be linked to a prescriber and then a pharmacy, and do all those things independent of a primary care provider.”...
May 1, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...WPP’s Ogilvy advertising agency is creating a division specialising in online “health influencers” to help pharmaceutical companies tap a trend towards personalised health and combat misinformation....
April 23, 2024
FT Live
Managing Operational Risk in M&A Transactions
Examining the value of business licensing and property tax in the deal cycle
Thursday, 20 JuneDigital Conference
Travel & leisure industry
CitizenM owners explore potential sale of hotel group
...GIC took a 25 per cent stake in CitizenM five years ago in a deal that valued the business at €2bn including debt....
March 27, 2024
Live news: Tesla’s China market share shrinks in April
Moderna’s second vaccine hit by approval delay
...A long-awaited approval decision on Moderna’s second commercial product after its Covid-19 jab has been delayed by several weeks, the US biotech said on Friday....
May 10, 2024
News updates from May 6: Hamas said to accept ceasefire proposal, US regulator opens new Boeing investigation
MDMA-based mental health treatment faces wary US regulator
...The first mental health treatment using schedule-1 drug MDMA faces a significant regulatory hurdle as the US Food and Drug Administration is poised to ask outside experts to scrutinise the treatment for...
May 6, 2024
Pharmaceuticals sector
‘Pfizer for All’ consumer platform aims to provide post-Covid boost
...“With a fairly small investment and minimal risk, Pfizer can open up this channel and then all of a sudden it has a way to interact with patients directly,” said Timothy Calkins, a marketing professor at...
May 12, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News updates from May 7: White House tries revive ceasefire talks; Stormy Daniels gives graphic account of encounter with Donald Trump at criminal trial
MDMA-based mental health treatment faces wary US regulator
...The first mental health treatment using schedule-1 drug MDMA faces a significant regulatory hurdle as the US Food and Drug Administration is poised to ask outside experts to scrutinise the treatment for...
May 6, 2024
Live news: Tesla’s China market share shrinks in April
Novavax shares surge in pre-market trading on Sanofi licensing deal
...Novavax’s US-listed shares were trading at $10.31 before the New York open, a rise of more than 130 per cent, giving it a market value of about $1.4bn....
May 10, 2024
Novavax Inc
Sanofi licensing deal doubles value of vaccine group Novavax
...The vaccine maker has undertaken a $1.1bn cost-cutting drive in the past year to stave off a possible bankruptcy and has faced pressure from an activist investor for a board shake-up....
May 10, 2024
Drugs research
MDMA-based mental health treatment faces wary US regulator
...Cybin will also initiate its late-stage trial looking at a psilocybin analogue as a treatment for major depressive disorder....
May 6, 2024
News updates from May 1: Fed signals that rates will remain higher for longer; Yen gains amid intervention speculation
UnitedHealth chief apologises to US Senate for cyberattack
...UnitedHeath’s chief executive has told a US Senate committee that he is “deeply sorry” for the impact of a massive cyberattack that continues to roil the company’s Change Healthcare division....
May 1, 2024
News updates from April 30: Former Binance chief sentenced to prison; BlackRock to launch Saudi investment firm
FTC challenges ‘bogus’ pharma patents, including for Ozempic
...The antitrust regulator wrote to 10 pharmaceutical manufacturers to inform them the agency had disputed their patents with the Food and Drug Administration, giving the companies a 30-day window to respond...
April 30, 2024
Eli Lilly & Co
Eli Lilly lifts guidance on strong sales of diabetes and weight loss drugs
...Eli Lilly last week announced a deal to buy a Wisconsin-based production facility for filling its injectable pens from Nexus Pharmaceuticals....
April 30, 2024
Johnson & Johnson Co Inc
Johnson & Johnson proposes $6.5bn deal to settle talc cancer lawsuits
...The first bankruptcy case was dismissed for a similar reason. J&J announced plans for a third attempt at a bankruptcy process last October....
May 1, 2024
US politics & policy
Biden administration plans to loosen marijuana rules
...Joe Biden’s administration is planning to reclassify cannabis as a less harmful drug with a smaller legal penalty, in a historic shift for US drug policy, said people familiar with the matter....
April 30, 2024
FT Live
Funding Biopharma Innovation
Strategies for investing in drug development and commercialization
Wednesday, 26 June345 Park Avenue South, New York, NY, USA
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
UnitedHealth swings to loss after February cyber attack
...The health insurer said it recorded a net loss of around $1.53 a share in the three months to the end of March, compared with a profit of $5.95 a share during the same period last year....
April 16, 2024
News updates from May 1: Fed signals that rates will remain higher for longer; Yen gains amid intervention speculation
Johnson & Johnson proposes $6.5bn settlement to resolve talcum powder lawsuits
...J&J is seeking a “pre-packaged” bankruptcy, allowing the company to expedite the Chapter 11 process if 75 per cent of plaintiffs back the move....
May 1, 2024
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Biogen beats profit expectations but Alzheimer’s drug sales lag behind
...Biogen posted higher than expected profits in the first quarter as a $1bn cost-cutting drive began to pay off, but sales of its novel Alzheimer’s drug Leqembi lagged behind expectations....
April 24, 2024
News updates from May 2: Apple’s revenue hit by falling China sales; Gazprom plunges to $7bn loss
Amgen shares jump after CEO praises progress on anti-obesity drug
...Bradway added that the company was actively planning a late-stage trial for the drug, and was working to ramp up manufacturing capacity....
May 2, 2024
News updates from April 30: Former Binance chief sentenced to prison; BlackRock to launch Saudi investment firm
Walmart to close US health centres as costs render business ‘unsustainable’
...“This is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at...
April 30, 2024
News updates from April 26: US PCE rises 2.7% in March; Anglo American rejects BHP takeover bid
US regulators approve Pfizer’s gene therapy for rare blood clotting disorder
...Pfizer is gearing up to launch its first-ever gene therapy at a list price of $3.5mn, after US regulators approved the treatment for a rare blood clotting disorder on Friday....
April 26, 2024
Eli Lilly & Co
Eli Lilly weight-loss drug found to address sleep apnoea in trial
...Tirzepatide is part of a new class of weight-loss drugs, known as GLP-1s, which includes Novo Nordisk’s Wegovy and Ozempic drugs, that are projected to expand to a $100bn market by the end of the decade,...
April 17, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Johnson & Johnson buys device maker Shockwave for $13bn
...Joaquin Duato, J&J’s chief executive, said the acquisition “provides a unique opportunity to accelerate our impact in cardiovascular intervention”....
April 5, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
Eli Lilly reports weight-loss drug ‘significantly’ reduces sleep apnoea
...Eli Lilly’s weight-loss drug tirzepatide significantly reduced sleep apnoea problems in a late-stage clinical trial, the pharmaceutical group said on Wednesday, adding to evidence that could encourage more...
April 17, 2024
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Bernie Sanders to lead US Senate probe of Ozempic’s ‘outrageously high prices’
...A US senate committee chaired by Bernie Sanders has launched an investigation into the steep prices charged by Novo Nordisk for its blockbuster diabetes and anti-obesity medications Ozempic and Wegovy....
April 24, 2024

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