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...Influencers affiliated with Ogilvy will need to clearly say when they are being paid by a pharma company....
...Credit card delinquencies are rising in the US. There is a proposed cap on how much card issuers can charge for late payments....
...Visa and Mastercard — the country’s two biggest card payment processors — have agreed to lower the fees that merchants pay to accept credit card payments....
...Even cards from the same issuer can carry different fees for merchants based on the rewards such as airline miles or cashback that the cards offer consumers....
...“I’d put Vertex in my pharma top three [to invest in].” This year, Vertex’s market capitalisation surpassed $100bn for the first time....
Company would have been better off following Roche’s route to market for anti-obesity treatment
...US President Joe Biden has put his fight against Big Pharma at the centre of his re-election campaign, championing his efforts to lower drug prices through the Inflation Reduction Act....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...Further evidence comes from the likes of Stash of the US, which has made 62mn stock awards to shoppers at eligible brands since launching its stock-back debit card....
...In 2021, freed from European rules after Brexit, the card giants had boosted debit card interchange rates between the UK and EEA for online transactions to 1.15 per cent from 0.2 per cent, and credit card...
...Clarifying which companies are responsible for innovations will be “even more important” as pharma companies explore uses for mRNA in cancer, autoimmune diseases and other viruses, said Anna Wolters-Höhne...
...Biotech business Redx Pharma this week blamed low liquidity on London’s junior market for its decision to delist its shares from Aim and re-register as a private company....
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
...Apple wanted to market the card as “the most secure credit card ever”, but cooler heads at the bank warned that superlatives would open the product up to lawsuits....
...rule that could cap the amount of late fees credit cards can charge consumers....
...The ditch surrounding the card networks is proving too broad for these techies to jump, though. Simply put, a payment is a transfer between two bank accounts....
...But some investors believe selling discipline against a shot is a losing game when big pharma companies are competing to meet the demands of the one in eight people worldwide who are classed as obese....
...The antitrust challenge may force big pharma groups to rethink “pure play” business models. The Lex team is interested in hearing more from readers. Is the FTC right to challenge pharma deals?...
...This started out providing small businesses with simple tech to take card payments. PayPal specialised in online purchases....
...Earnings: UK-based companies Alliance Pharma, drinks maker Barr, greetings card retailer Card Factory and financial services firm Close Brothers are all due to publish half-year results....
Swiss pharma group acquires rights to develop and manufacture bowel disease treatment
...The first three sources are not the exclusive realm of knowledge industries such as tech or pharma....
...But pressure is mounting on pharma companies to switch to synthetic substances as populations decline for horseshoe crabs and seabirds that eat the creatures’ eggs....
...It cites examples of Kassan using the fund to pay for an apartment for his personal driver, and allowing his wife to have a company credit card “so she could shop for extravagant luxury goods”....
...Horizon had also attracted interest from French drugmaker Sanofi and US pharma group Johnson & Johnson....
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