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...The company said the decision was partly driven by huge demand for weight-loss drugs....
...The push into prescriptions and drug delivery is unusual for a pharmaceutical manufacturer, pitting Eli Lilly against US pharmacy chains such as CVS and Walgreens. Read more here...
...Walgreens Boots Alliance is an ailing company in desperate need of a new prescription for growth....
...Union organisers at companies including Starbucks and Amazon have so far struggled to secure new contracts....
...It could help the US company refocus on healthcare, such as weight-loss drugs....
...Here’s what else I will be keeping tabs on today: Earnings: Pharmacy group Walgreens Boots and consumer packaged food company ConAgra Brands report results....
...As a result, some companies, including Pfizer, have tried to turn to the emerging market for anti-obesity drugs, but have struggled with road bumps such as side effects....
...In this exclusive report, Nikkei Asia’s Cheng Ting-Fang and Lauly Li describe how construction of the company’s semiconductor factory in Phoenix, Arizona, is falling behind schedule, owing to a combination...
...Most generic companies rely on active pharmaceutical ingredients produced in lower-cost countries, mainly China and India, to make drugs....
...The details of the company’s decline are complex but essentially it overexpanded, an investor took over, and Cox left in 2007....
...Rosalind Brewer has resigned as chief executive of Walgreens Boots, the second top-level departure from the pharmacy chain in the space of five weeks....
...Walgreens said the settlements included no admission of wrongdoing or liability by the company....
...due to the misuses of drugs like oxycodone and fentanyl....
...Walls close in on Western businesses in Russia as companies looking to get out are struggling with a dearth of buyers and hardening Kremlin attitudes....
...I hope the US companies which need alternative supplies seek out private companies that are not linked so closely with the Modi apparatus like Ambani and Adani....
...More recently, Walgreens said its shrinkage fell from 3.5 per cent to 2.5 per cent during its fiscal first quarter....
...Walgreens was seeking £7bn for Boots. Its inability to sell the UK pharmacy chain will hit the company on two fronts....
...The largest commitments have come from semiconductor groups: Intel will expand a campus in Arizona and Taiwan Semiconductor Manufacturing Company will build a second fabrication plant in the same state;...
...Walgreens has restricted online customers to six per transaction to “prevent excess purchasing behaviour”....
...The FT revealed details of the unknown Indian company Gatik Ship Management, which has been shipping millions of barrels of Russian oil....
...In the US, Galleri tests are sold as “laboratory-developed” because they have not yet been approved by the US Food and Drug Administration....
...Of Gold, he wrote, “The notion that a non-profit company could take donated funds and pay them to a principal of the company to invest in a for-profit business is simply absurd.”...
...Patents also showed a decline: in “computers and communications”, the index fell from 0.30 to 0.06 between 1980 and 2010; patents in the “drugs and medical” category slipped from 0.38 to 0.03....
...Retailer Walmart added a telehealth provider last year, and Walgreens boosted its investment in Village MD, which runs primary care clinics....
...Brewer said its newly created Walgreens Health division was rolling out doctor-staffed clinics at its drug stores “at pace” and that the company was “in the final stages of welcoming a new leader” for the...
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