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Brazil
Brazil rolls out dengue vaccines as cases rise sharply
...This month Brazil started distributing a vaccine produced by Japanese pharmaceutical group Takeda....
February 25, 2024
Drug prices
US regulator approves Florida bid to import medicines from Canada
...Friday’s decision comes after the state of New Hampshire failed in its bid to receive FDA permission because it did not identify a pharmaceutical wholesaler which could deliver the drugs....
January 5, 2024
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
What to watch in North America today
...Moderna: The pharmaceutical group will hold its annual investor day, when shareholders will be keen to learn more about how it plans to grow its business beyond the Covid-19 pandemic....
March 27, 2024
Drug prices
Rare genetic disease therapy becomes world’s most expensive drug at $4.25mn
...Orchard, a UK-based biotech that was recently bought by Japanese pharmaceutical group Kyowa Kirin, argued that the lack of other treatments for MLD justified the price....
March 20, 2024
LexDrug prices
Innovation is the only defence against drug price crackdown Premium content
...The US market is the engine of the global pharmaceutical industry. Its exceptionally high drug prices help deliver as much as three-quarters of the sector’s global profits....
February 1, 2024
Biotech
US biotech fundraising boom ends 2-year deal drought
Drug developers raised $6bn in January, helped by a rebound in merger activity
February 12, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Manica Balasegaram
Antibiotic resistance is the greatest threat to cancer patients
...In contrast, pharmaceutical companies raised just $160mn for antibiotic research, a decline over the decade. Commercial activity and research in antibiotics have been in decline since the 1980s....
February 1, 2024
US-China relations
Chinese pharma group lobbies against US biotech crackdown
...WuXi AppTec is a major supplier of essential ingredients to many of the largest global pharmaceutical companies and conducts drug development for them....
March 19, 2024
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
What to watch in North America
...The pharmaceutical company’s market capitalisation recently overtook Tesla thanks to investor enthusiasm over Mounjaro’s success. Earnings are expected to decrease by three cents to $2.11 a share....
February 6, 2024
News in-depthEU economy
Ireland seeks to lure life science investment despite corporate tax rise
...The academic institutions are really important,” said Shane Ryan, general manager Ireland at Takeda....
August 27, 2023
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...It was unbelievable,” said Alisha Alaimo, Biogen’s North America head....
April 22, 2024
Pharmaceuticals sector
Novo Nordisk and Eli Lilly hoover up smaller obesity drug groups
...Until this year, the biggest obesity deal was worth up to $185mn, when Japan’s Takeda Pharmaceuticals sold the US rights to the weight loss drug Contrave to California-based Orexigen Therapeutics in 2016...
October 24, 2023
News updates from February 2: US adds 353,000 jobs in January, US hits Iraq and Syria after drone deaths
What to watch in North America today
...Pharma: Pharmaceutical groups Bristol Myers Squibb, Regeneron and AbbVie will also report earnings before the market opens....
February 2, 2024
The Big Read
The world’s broken market for medicines
...An unanticipated boom in demand from China, Latin America, the Middle East and north Africa for alteplase, an off-patent drug used to treat strokes, has led to a shortage of supplies, according to Torsten...
March 28, 2024
News updates from January 22: US and UK launch new strikes at Houthis, Arnault to tap sons to LVMH board
Risers and fallers in North America
...Gilead Sciences fell 10.5 per cent after the pharmaceutical company said its treatment for lung cancer failed to improve the survival of patients in its latest trial....
January 22, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Biotech
Gene-editing pioneer calls for big investment in Crispr technology
...It predominantly affects people of colour and is prevalent in sub-Saharan Africa, Latin America, the Middle East and India....
March 21, 2024
US equities
Biotech stocks undergo recovery after year of ‘wreckage’
...Large drugmakers have also underperformed, with the S&P 500 pharmaceutical sub-index heading for its worst performance relative to the broader S&P 500 in at least 20 years....
December 14, 2023
LexEli Lilly & Co
Eli Lilly’s heavyweight status looks set to last Premium content
...Eli Lilly was once considered something of an also-ran in the pharmaceutical industry....
January 16, 2024
Coronavirus
New Covid variant gains ground in US ahead of holiday season
Americans’ interest in vaccinations has flagged despite efforts to boost uptake of latest jab
December 24, 2023
GSK PLC
GSK’s new RSV jab set to achieve blockbuster status
...But with a HIV patent set to expire in 2028, a fifth of GSK’s sales were exposed to patent cliffs by the end of 2030, according to Bank of America analyst Graham Parry....
January 29, 2024
FT Magazine
Battle for the American West
...By the mid-1800s, the US bracketed the landmass called North America....
April 13, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
Haleon sells Chapstick lip balm to Yellow Wood for $430mn
...The London-listed company, which was spun off from pharmaceutical giant GSK in 2022, said cash proceeds from the sale would be used to pay down debt....
January 25, 2024
Argentine economy
Argentina’s Milei unveils sweeping decree to deregulate economy
...It also modifies rules for the airline, healthcare, pharmaceuticals and tourism sectors to encourage competition....
December 21, 2023
Rana Foroohar
Behold the Ozempic effect on business
...Bank of America expects 48mn Americans (about one-seventh of the population) to be on the meds by 2030....
November 20, 2023
Andrew Hill
Dear board directors, please don’t shoot the proxy messenger
...He lambasted advisers for having had the temerity to recommend a vote against chief executive Pascal Soriot’s pay package at the pharmaceutical company’s recent shareholder meeting....
April 22, 2024

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