Hints and tips:
...The market was relatively robust over the summer on the back of a rise in infections....
...Pfizer will also have the opportunity to sell out of its consumer health joint venture with GlaxoSmithKline when it lists in London as Haleon this summer....
...Pfizer may have felt it had no choice. Merck was in talks last summer to acquire Seagen for about $200 a share, or $40bn. But negotiations ended after the two failed to agree on price....
...Merck had been in talks to acquire Seagen last summer, offering about $200 a share, according to people familiar with the matter....
...The biotech company’s Covid-19 vaccine finally received US regulatory approval only last summer....
...The US Covid death toll since the start of the pandemic passed 1mn earlier this summer, and the country continues to report almost 400 deaths and more than 5,000 new hospitalisations linked to coronavirus...
...Pfizer said the 60 microgram dose produced an immune response that was three times higher than the existing BioNTech/Pfizer vaccine....
...This means Pfizer will be paying nearly 13 times sales for the business. Just last summer, Biohaven was trading on a multiple of more than 70 times forward revenues....
...“Only a strong stance will get 70 per cent of the adult population vaccinated by summer,” the official added, referring to an EU target published by Brussels this week....
...Fast-forward to the early summer of 2022 and things look radically different....
...He added: “We will have 265,000 treatment courses of Pfizer available in January . . . and all 10m treatment courses delivered by late summer.”...
...the world”, he feels satisfied, he said this summer....
...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....
...As vaccines permitted some countries to reopen their economies over the summer, the Pfizer boss flew into Cornwall for the G7 summit in June, parking his private jet next to Prime Minister Boris Johnson’...
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Speaking at the start of the meeting, Fiona Havers, a doctor at the Centers for Disease Control and Prevention, said that infection rates among younger children had been rising through the summer....
...Pfizer and Moderna have not published most of their vaccine contracts with governments, but deals agreed with the EU in the summer showed Pfizer charged €19.50 a dose and Moderna charged $25.50 a dose, according...
...Get the latest worldwide picture with our vaccine tracker Latest news Covax programme cuts vaccine delivery forecasts by 25 per cent US air travel picks up as summer ends despite spread of Delta variant...
...Shares in Pfizer, which developed its vaccine in partnership with BioNTech, hit record highs this summer as the debate around the need for boosters intensified and countries including the US and UK planned...
...In a separate assessment of data from Pfizer’s vaccine, the FDA said waning antibody levels among vaccinated people might have been linked to the jump in cases seen over the summer as the Delta variant has...
...Pfizer and BioNTech started enrolling participants in their phase 1 study in September....
...When Bourla joined Biden at the G7 in Cornwall this summer, their show of bonhomie belied the fact that weeks earlier the president had said he would support efforts to force pharma companies to suspend...
...professor at Vanderbilt University in Nashville and liaison member of the CDC’s vaccine advisory committee, said the public’s confusion stemmed from the Biden administration’s initial announcement in the summer...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...WTO talks over the proposed waiver were suspended without progress at the end of July as delegates dispersed for the European summer holidays....
International Edition