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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Carolyn Solan, head of external partnerships at consumer drugs group Haleon, which largely produces over-the-counter drugs that can be advertised more easily, said that “while partnering with expert patients...
April 23, 2024
News in-depthPfizer Inc
Covid vaccine winners suffer reversal of fortune
...Linden Thomson, lead manager of the AXA IM Framlington Biotech fund, compared the vaccine companies with others that have had a standout year because of a single drug, such as Gilead with its hepatitis C...
October 3, 2023
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
April 22, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
EU court rules drug kingpin Pablo Escobar cannot be trademarked
...The ruling came after Escobar Inc, the company set up by his brother, filed an application in 2021 with the European Union Intellectual Property Office (EUIPO) for registration of the word sign Pablo Escobar...
April 17, 2024
Pablo Escobar
‘Pablo Escobar’ cannot be registered as a trademark, EU court rules
...Escobar Inc, a company set up by his brother Roberto, had filed an application in 2021 with the European Union Intellectual Property Office (EUIPO) to register “Pablo Escobar” as a trademark for goods and...
April 17, 2024
News in-depthWeight Watchers International Inc
WeightWatchers faces an era when weight loss comes in a syringe
...Davis points to a long list of “more nimble” telehealth companies that also provide access to GLP-1 drugs, such as Noom, a direct-to-consumer weight-loss company with comparable subscription pricing to WW...
April 9, 2024
Behind the Money podcast17 min listen
Can WeightWatchers survive the Wegovy era?
...Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded....
April 10, 2024
LexPfizer Inc
Pfizer: pharma group needs weight loss drug to secure post-Covid future Premium content
...Contributions from the company’s acquisitions — notably the $43bn purchase of cancer biotechnology company Seagen — have yet to move the needle....
December 13, 2023
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
April 5, 2024
Coronavirus treatment
Expired Pfizer Covid antiviral drugs set to cost Europe $2.2bn, data shows
...The US government arranged with Pfizer to return 7.9mn Paxlovid courses at the end of 2023, at an estimated cost to the company of $4.2bn....
January 1, 2024
LexFood & Beverage
Pepsi/obesity drugs: snack pack will withstand economies of scales Premium content
...Investor worries about the impact of weight loss drugs on snack companies are overdone. Cigarette makers and oil and gas drillers are surviving bigger existential threats remarkably well....
October 10, 2023
Drugs research
Roche agrees $7.1bn deal for Telavant to boost drug pipeline
...Roche plans to buy immunology company Telavant from Roivant Sciences and Pfizer for more than $7bn, as the drugmaker’s new chief executive seeks to replenish its drug pipeline....
October 23, 2023
Disrupted Times
Brussels blasts Big Tech
...know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight loss drugs...
March 25, 2024
Corporate bonds
Reading small print for fun and profit
...Avid Bioservices, a small-cap company that helps develop and manufacture drugs for pharmaceutical companies, filed this with the SEC yesterday: On February 29, 2024, Avid Bioservices, Inc....
March 7, 2024
US equities
Magnificent Seven’s grip on markets slips as investors look past AI hype
...Eli Lilly’s strong performance in particular — its stock has almost doubled over the past year on the back of strong demand for new weight-loss drugs — highlights the fact that there are at least some themes...
February 4, 2024
Pfizer Inc
Pfizer drops plan for twice-daily obesity pill due to side effects
..., the company said....
December 1, 2023
Coronavirus treatment
Covid antiviral drug linked to ‘transmissible’ mutations, research finds
...Yet Merck recorded sales worth more than $6bn between 2021 and 2022, and the figure does not include sales in poorer markets where licensed companies make generic versions of the drug....
September 25, 2023
Merck & Co Inc
Merck to open £1bn London research centre with plea for government support of industry
...MSD helped transform cancer care with its drug Keytruda, which harnessed the immune system to tackle tumours....
October 15, 2023
Coronavirus treatment
Covid antivirals lose spark as regulatory scrutiny increases
...The Cypriot government allowed stocks to be used to treat cats suffering with another coronavirus in the Mediterranean country, though the company said it was not approved for veterinary treatment and no...
October 9, 2023
US politics & policy
US targets 10 drugs for pricing negotiations in crackdown on costs
...“The drug companies are running to court to try to accomplish through the courts what they couldn’t get in Congress, which is block negotiation from happening.”...
August 29, 2023
Medical science
UK approves Crispr gene editing therapy in global first
...The drug could be used to replace bone marrow transplants....
November 16, 2023
US & Canadian companies
The Proxies 2023: Where are they now?
...Mr Smith’s compensation barely made it past the Floridian cancer drugs testing company’s shareholders, with 52.8 per cent of votes in favour and 2.8 per cent abstaining. What’s happened since?...
March 27, 2024
Tobacco
FDA issues ban on RJ Reynolds menthol-flavoured vapes in US
...The Food and Drug Administration said on Thursday that it had issued marketing denial orders for six vaping products sold by BAT-owned RJ Reynolds Vapor Company under its Vuse Alto brand....
October 12, 2023
Dementia
US regulators approve first drug to slow progression of Alzheimer’s
...Lecanemab was discovered by Swedish start-up BioArctic, which then partnered with the larger companies....
July 6, 2023
Amgen Inc
Amgen resolves US regulator’s challenge to $28bn Horizon deal
...The California-based pharmaceutical company agreed to the acquisition in December last year, winning a three-way race to add a new pipeline of drugs for rare autoimmune and inflammatory diseases....
September 1, 2023

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