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Covid-19 vaccines
EU delays approval of Novavax’s revised Covid jab
...Health authorities had also hoped it could help sway sceptics who preferred not to receive an mRNA vaccine, though demand has since collapsed....
October 15, 2023
NHS England
NHS data specialists oppose Palantir’s bid for £480mn contract
...“Only a small proportion of the [circa] 800 team members have used [Foundry], and there is some resistance to new ways of data usage,” the procurement documents state....
April 16, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...This was driven by a surge in prescriptions of Sandoz’s Hyrimoz, CVS’s preferred biosimilar, which was given to more than 10,000 patients in the week ending April 12, pushing biosimilars’ share of new Humira...
April 25, 2024
The Big Read
The dark side of the US sports betting boom
...David, a 51-year-old recovering addict from New Jersey, credits Williamsville with saving his life....
August 10, 2023
Palantir Technologies Inc
Palantir technology to help cut NHS elective care backlog
...The expansion will consolidate Palantir’s position as the preferred operating system for the NHS, following its use in the management of ventilators and PPE equipment during the pandemic, and the delivery...
March 2, 2022
Markets
Charlie McElligott, meat-powered market mystic
...Nomura’s offices are in downtown Manhattan, but McElligott’s home is about 30 miles away in New Jersey....
November 21, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Coronavirus treatment
Merck struggles to win European approval for Covid antiviral pill
...US health officials last week warned that some pharmacies were running out of storage space for the drug just weeks after distribution began because of tepid demand....
February 16, 2022
LexMerck & Co Inc
Merck/Prometheus: Big Pharma must swallow bigger premiums Premium content
...The New Jersey pharmaceutical titan’s share price has doubled in the past five years, well ahead of the wider S&P 500 index....
April 17, 2023
Johnson & Johnson Co Inc
Talcum powder cancer claims target J&J’s new consumer carve-out
...The case was filed in Middlesex county, New Jersey, and lawyers working for talc claimants say it could be the first of many claims filed against Kenvue and other J&J divisions not previously named in lawsuits...
April 27, 2023
Johnson & Johnson Co Inc
Johnson & Johnson reports loss after taking $6.9bn charge over talc claims
...J&J will today ask a bankruptcy judge in New Jersey to again place a stay on all the lawsuits to enable it to finalise a restructuring plan....
April 18, 2023
Bed Bath & Beyond Inc
Bed Bath & Beyond files for Chapter 11 bankruptcy
...Founded in New Jersey in 1971, the retailer joined the wave of so-called big box stores featuring extensive inventory of niche goods at low prices....
April 23, 2023
Japanese business & finance
Japan’s Astellas to buy US biotech group Iveric Bio for $5.9bn
...Astellas said on Monday that it would use cash and loans to buy the New Jersey-based company, formerly known as Ophthotech, for $40 a share, representing a premium of 22 per cent to the US company’s closing...
May 1, 2023
Victoria PLC
Victoria plc’s audit nightmare
...Supporters include the likes of Koch Industries, the sprawling US conglomerate, which has poured hundreds of millions of dollars into both Victoria’s common and preferred equity in recent years....
September 24, 2023
The Big Read
The teen mental health crisis: a reckoning for Big Tech
...‘Depression, eating disorders, self-harm’ Hackensack Meridian Health’s Carrier Clinic in New Jersey, a sprawling campus with a residential mental health unit for teenagers, is on the frontline of this crisis...
March 26, 2023
CureVac GmbH
Covid vaccine makers CureVac and Novavax appoint new chiefs
...Novavax’s vaccine, which uses a traditional type of technology, has been widely approved and had been seen as a desirable alternative for vaccine sceptics who preferred not to receive messenger RNA, or mRNA...
January 9, 2023
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Due Diligence
What comes next for Microsoft’s $75bn Activision Blizzard deal? Premium content
...Its largest exposures in the US include the state of New Jersey and the Port Authority of New York, public entities with different risk profiles to the UK’s largely privately held water companies....
July 13, 2023
FT Alphaville
Domino’s bosses buy an inconceivable amount of pizza
...Behavioral factors have to be considered....
March 13, 2023
Walgreens Boots Alliance Inc
Walgreens affiliate in $9bn deal for doctors’ group Summit Health
...Warburg later merged CityMD with Summit Health, a network of medical practices with more than 370 locations in New Jersey, New York, Connecticut, Pennsylvania and Oregon, according to its website....
November 7, 2022
Berkshire Hathaway Inc
Warren Buffett’s Berkshire Hathaway dumps billions of dollars of US stocks
...Operating earnings — Buffett’s preferred performance measure for Berkshire’s diverse group of businesses — rose 12.6 per cent from the year to $8.1bn....
May 6, 2023
Pfizer Inc
Pfizer gears up to make Covid drug Paxlovid in China
...Other local remedies have received approval, but experts said Paxlovid remained the medical community’s preferred drug given the clinical evidence of its efficacy....
January 10, 2023
Johnson & Johnson Co Inc
Johnson & Johnson bucks global M&A slowdown with $16.6bn Abiomed deal
...New Jersey-based J&J said the Abiomed deal would broaden its medical technology division and hone its focus on cardiovascular disease....
November 1, 2022
Pharmaceuticals sector
Merck defends tax approach against senator’s claims of avoidance
...In 2021 the Kenilworth, New Jersey-based company paid an effective tax rate of 11 per cent in 2021, almost half the US corporate tax rate of 21 per cent....
August 7, 2022
Pharmaceuticals sector
Merck in talks over $40bn deal for cancer biotech SeaGen
...The New Jersey-based pharmaceutical company has offered about $200 per share for SeaGen, one of the people said, a 15 per cent premium on Wednesday’s close....
July 7, 2022
Johnson & Johnson Co Inc
J&J tries to extend its ‘Texas two-step’ to halt two states’ talc cases
...A New Jersey court is set on Tuesday to consider a request by a J&J subsidiary to stop New Mexico and Mississippi from proceeding with their lawsuits against the parent company....
August 22, 2022
Asia-Pacific companies
Philippine call centres win battle to make remote work permanent
...A version of this article was first published by Nikkei Asia on September 16 2022. ©2022 Nikkei Inc....
September 18, 2022

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