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...The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer....
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...Walmsley plans to use proceeds from the spin-off to bolster the pharma and drugs business’ lacklustre pipeline....
...(Bloomberg) Open to suggestion Activists swarming corporate Japan have found an ally in Tokyo Stock Exchange boss Hiromi Yamaji, who says more vocal investors could be exactly what Japan Inc needs....
...It still has its doubters, with about a 10 per cent short interest placing it in the top five pharma or biotech shorts by value, according to S3 Partners....
...The lockdowns imposed to contain the virus are likely to have hit sales of drugs that need a doctor to administer them, while the delay in non-essential surgeries has hurt others including Smith & Nephew...
...The US administration has committed to spending $1.95bn on 100m doses of a potential Covid-19 vaccine being developed by Germany’s BioNTech and US pharma giant Pfizer....
...This month Royalty Pharma sold $2.2bn of stock and Warner Music raised $1.9bn in the two biggest deals of the year....
...Online education start-up Yuanfudao led the way with a $1bn raise from investors that included Chinese technology company Tencent, while biotech and pharma emerged as the most popular sector....
...If you understand the law, it pays to be stubborn, writes the FT’s Rob Smith. (FT) What’s in a name?...
...Chris Hite, Citigroup’s top healthcare dealmaker, is leaving the US bank to join Royalty Pharma, Bloomberg reported. WeWork has named former Baker Hughes executive Kimberly Ross as its CFO....
...As you can see above, Upsher-Smith sold its entire position between autumn 2017 to 2018....
...Sam Smith, a privacy activist at Med Confidential, says the question is whether consumers are happy with a big company like Google, Facebook or Amazon doing everything....
...Separately, Merck, the US pharma group, announced results from an early trial for a new treatment for HIV at the conference....
...This can only be Avantor, whose debt-funded takeover of much larger publicly traded peer VWR saw the pharma group take on eye-watering leverage to pay $1.4bn of dividends to New Mountain Capital....
...Scott Smith, who had been promoted from head of its inflammation and immunology unit, stepped down as chief operating officer and president on Monday....
...She had worked for him before, as a non-executive director at Proximagen, a biotech company Mr Mulvany sold to drugmaker Smith Upsher in 2012....
...Last year, the Osaka-based drugmaker completed a $1.1bn acquisition of the generic drug business of US-based Upsher-Smith Laboratories, its first overseas purchase....
...Gilead Sciences recently reached an $11.9bn agreement to acquire Kite Pharma for a 50 per cent premium to its monthly average stock price....
...third-biggest outbound Japanese drug acquisition this year behind Takeda Pharmaceuticals’ $5.2bn purchase in January of Boston-based cancer drugmaker Ariad, and Sawai Pharmaceuticals buying generics maker Upsher-Smith...
...Pharma companies were under the spotlight over pricing during the US presidential campaign, partly after Martin Shkreli, the “bad boy” of pharma, raised the price of a life-saving cancer and Aids drug from...
...Drug price scandal alters outlook for biotech groups Tens of billions of dollars were wiped off the value of biotech and pharmaceuticals companies this week after Hillary Clinton pledged to tackle “profiteering...
...James Beck, an attorney at Reed Smith, described the FDA’s U-turn as “remarkable” and said he could not recall a previous occasion when the agency had rescinded a warning letter....
...Is Smith & Nephew the one that got away? The UK medical device maker has long been seen as a potential target for bigger US rivals....
...The chief executive of pharmaceuticals company Actavis had taken to the stage to address the salesforce at Allergan, one of his first big outings after his group had said it would buy the maker of injectable...
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