Hints and tips:
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
...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....
...“You swallow the tablet, it gets into your intestine, makes the protein of interest [then] tricks your body into thinking it’s been infected and makes an immune response,” said Sean Tucker, founder and chief...
...The AU will pay $6.75 a dose for the BioNTech/Pfizer vaccine and $10 for Johnson & Johnson’s, a single-dose product....
...After such strong reads from the first two releases (three if we count Russia’s Sputnik V), the disappointing AZN figures were perhaps bound to prompt downward pressure on the company’s shares....
...In August, Russia became the first country to approve a Covid-19 vaccine — named Sputnik V — for civilian use, but western experts cast doubt on its efficacy and safety....
...PJ TUCKER: There's no shortage of fans, of people that want this stuff now....
...The possibility of a Pfizer/AstraZeneca deal still has the politicians talking (the chief executives of both were hauled before the UK parliament this week)....
...beyondbrics India v China: a new race in biopharmaceuticals, beyondbrics...
...Lawyers rank the Pfizer ruling as among the most significant to date by China’s commerce ministry....
...Pfizer, the largest US drugmaker by market value, inched down 0.7 per cent to $14.54 as the stock being removed from the “conviction buy” list at Goldman Sachs....
...The parties agreed that Pfizer would divest specified swine vaccine brands within six months, to ameliorate competition concerns....
...Last week’s US jobs report has knocked investor confidence, and those predicting a V-shaped recovery are finding it harder to justify their positions....
...This spurred groups such as Pfizer of the US and Roche of Switzerland to strike multi-billion-dollar deals during the first half of this year....
...Prudential lost 4.9 per cent to 622p as Mark Tucker, chief executive, appeared to rule out a spin-off of the life assurer’s fast-growing Asian operation....
...However, it was hardly a classic David v Goliath battle, given that the victor was Citigroup, the US banking giant, which is no stranger to struggles with regulators across the world....
...Kingdom Holding also owns the Hotel George V, Paris, and has real estate and banking interests across the world....
...Kindler, Chairman and CEO, Pfizer Inc., USA Klaus Kleinfeld, President and CEO, Siemens AG, Germany Mustafa V....
...The bank has hired V....
...Given the smallish size of the local market and the country’s small population, it is difficult to see how Australia could foster a technology or pharmaceuticals giant such as Microsoft or Pfizer....
...Mr Harrigan was upset that Peggy Foran, company secretary of Pfizer, the pharmaceuticals group, was poised to become the first business person on the governing council, a move that Mr Ross Goobey supported...
...He was born in 1954, the year, as he points out, of the famous Brown v Board of Education case which paved the way for US desegregation....
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