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...It has also worked on drug development for US pharma company Johnson & Johnson, Danish biotech group Genmab and British biotech Iksuda therapeutics....
...Johnson’s team has said he was acting as a diplomatic back channel for the UK with the “active support” of the Foreign, Commonwealth and Development Office....
...Roughly a quarter of the funding comes via an equity investment, with the remainder composed of research grants and commitments for joint business development that will not dilute shareholders, said people...
...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant puts cash to work from the spin-off of its consumer health arm to pursue acquisitions...
...Todd Rosenbluth, head of research at VettaFi, a consultancy, also believed the growth of model portfolios was a positive development....
...Former JPMorgan banker Maarten Petermann, co-founder of Merlyn Advisors, organised Johnson’s below-the-radar trip by private jet in February, the people said....
...Bryan Armour, director of passive strategies research, North America at Morningstar, broadly agreed with the findings....
...Johnson’s team have said he had acted as a “diplomatic back channel for the UK”, but the Foreign, Commonwealth and Development Office said he was “not acting on behalf of the UK government”....
...High demand for weight-loss drugs has helped Novo Nordisk become Europe’s largest company by market capitalisation, while Eli Lilly overtook Johnson & Johnson as the world’s largest pharmaceutical company...
...But she adds, “The whole ecosystem is costly, from the research and development phase to production.”...
...Concentration “is as high as it has been, certainly for the past three decades, potentially even longer”, said Dimitris Melas, head of index research and product development at MSCI....
...Others soon followed, such as PAVE, the Global X US Infrastructure Development ETF, and ROBO, the Global Robotics and Automation Index ETF. “A good ticker can go a long way in attracting investors....
...The results from the research, which involved 156 people, were a “major breakthrough”, said Olivier Rascol, a Toulouse University Hospital professor and a co-author of the research with Prof Wassilios Meissner...
...The property, designed by Hayhurst and Co, features a central atrium which provides natural ventilation — reducing the need for powered cooling....
...Hector McNeil, co-founder and co-chief executive of London-based HANetf, which lists six ETC Group crypto vehicles on its ETF white-label platform, said the FCA’s announcement was “a good step forward....
...Dementia Mission and chief executive of Alzheimer’s Research UK....
...In the past year, Novo Nordisk has become Europe’s largest company by market capitalisation, while Eli Lilly overtook Johnson & Johnson as the world’s most valuable pharma company, on the back of high demand...
...Matt Freund, co-CIO, added “the advantage that CANQ offers is that it gives you exposure to the most dynamic companies in the Nasdaq....
...Spravato, a nasal spray based on a molecule from the psychedelic drug ketamine used to treat depression, already ranks as Johnson & Johnson’s fastest-growing product....
...“There is an issue of duplication, where too many funds seem to be chasing similar prospects . . . without co-ordinating their investments,” said Bright Simons, vice-president of research at Ghanaian think-tank...
Breakthrough medicine will now be subject to further review by committee of independent experts
...lines, while deepening co-operation with Chinese suppliers....
...But pills are the holy grail of convenience, making them a key development in the next generation of weight-loss drugs....
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...Cern has international co-operation agreements with dozens more nations, including China, Iran, Saudi Arabia and South Africa....
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