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...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....
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...Others in the sector were down more than 3 per cent, including Solventum, the healthcare group that was spun out from 3M earlier this week....
...Western pharma groups are seeking to diversify production for the US market away from Chinese contract manufacturers, in response to draft US legislation that would prevent some Chinese companies from receiving...
...“It’s going to have a very real impact on the ways companies behave and the expectations of individuals” regardless of whether it was legally put into effect, she said....
...The Group for Equity, made up of Asian, African and Latin American countries, wants firm rules in place....
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
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...US data analytics group Palantir has secured an NHS England contract worth £330mn to develop a new patient data platform, the health service announced on Tuesday....
...This would result in FDA action being delayed beyond the first quarter, the company said in its statement....
...Then apply the 2.7 times 2030 EV-to-sales multiple of a group of similar biotechs listed by Visible Alpha....
...The number of positions offered grew by 43 per cent annually across the top 10 pharmaceutical companies alone since 2018....
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