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...Despite splashing out nearly $55bn on two major acquisitions over the past two years, the pharmaceutical company is worth less than it was before the pandemic....
...“We see no FTC concerns, as Pfizer does not have an antibody-drug conjugate or even a major antibody-based oncology platform,” said Evan Seigerman, analyst at BMO Capital Markets....
...Altman shot to prominence last year when OpenAI rolled out its ChatGPT chatbot and received a major vote of confidence from Microsoft with a $10bn investment....
...It is under pressure because its US patent for Xtandi, a popular prostate cancer drug whose sales are shared with Pfizer, is expiring in 2027....
...The virus is one of the few major infectious diseases without a vaccine, although recent scientific advances have encouraged four large pharmaceutical companies — Pfizer, GSK, Johnson & Johnson and Moderna...
...Asset managers in general lag the national leaders, which include Amazon, Meta and Pfizer, according to the Open Secrets website....
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...This week, the ICCR unveiled a suite of shareholder proposals that its members will put to Pfizer and other major pharmaceutical companies next year....
...It agreed last year to sell off its tea division, which has been a drag on growth, for €4.5bn to private equity group CVC, but has yet to make a major acquisition under Jope....
...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....
...The move coincides with a push by non-governmental organisations, shareholder advocacy groups and the World Health Organization to address a major disparity in access to vaccines between rich and poor nations...
...Have your say JZ in USA comments on End of Covid-19 unemployment benefits poses test for US recovery I have always thought that one of the major differences between the left and the right is how they each...
...What’s missing is an integrated smartphone mount to aid with viewing the app, but you could add one yourself or wait for the V, which will include one....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Experts have pointed to the low vaccination rate and high level of unwillingness to receive the Russian jabs as a major reason behind the recent surge in infections....
...Annual jabs would increase the size of the Covid vaccine market across seven major markets — the US, Germany, France, Italy, Spain, UK and Japan — from $13.6bn in 2021 to $19.5bn in 2026, according to GlobalData...
...Under Gorsky’s tenure, J&J underwent massive growth and became a major player in the rare disease space, notably through the $30bn acquisition of Actelion....
...There was a March release date given for Gran Turismo 7 and the unfortunate slippage of Grand Theft Auto V from November to March. Axios has more....
...A refrigerated version would remove one of the jab’s major drawbacks compared with rival vaccine makers such as AstraZeneca and Johnson & Johnson, which can already be stored at warmer temperatures....
...On Friday, authorities granted emergency use authorisation for the Sputnik V vaccine after announcing Russia had agreed to send Turkey 50m doses....
...The AU will pay $6.75 a dose for the BioNTech/Pfizer vaccine and $10 for Johnson & Johnson’s, a single-dose product....
...At the Rambam Health Care Campus in north Israel, 91 per cent of the 1,800 doctors and nurses who received the two-dose vaccine showed a major presence of antibodies 21 days after their first shot and before...
...Health authorities in Hamas-run Gaza have received 20,000 doses of Sputnik V from the United Arab Emirates....
...The company expects to apply for approval in the third quarter and Glenn said the jab, which could be stored long term in a refrigerator, would “contribute in a major way to the unmet need” for doses across...
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