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US biotech has been struggling to overcome fall in demand for coronavirus jabs
...Future sales for Pfizer will depend on the wild card of new variants that evade previous protection....
...Born in 1947 in New Jersey like Auster himself, the story of Archibald Ferguson is determined and redetermined....
...Avid Bioservices, a small-cap company that helps develop and manufacture drugs for pharmaceutical companies, filed this with the SEC yesterday: On February 29, 2024, Avid Bioservices, Inc....
Advocate general of bloc’s top court says decision against world’s biggest gene sequencing group should be annulled
...The sale of Catalent comes after the New Jersey-based company had faced calls from activist investor Elliott to shake up its board and improve the performance of its shares....
...The Medicines and Healthcare products Regulatory Agency has approved the therapy, called Casgevy, which was developed by Vertex Pharmaceuticals and Crispr Therapeutics....
...New York-listed shares lost 8.2 per cent shortly after the open, after losing 49 per cent this year....
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
...The cases that settled were being fought in New Jersey and Delaware. AstraZeneca said the specific terms of the agreement remained confidential....
Millions of Paxlovid pills have gone unused as tight controls restrict access
...Shares in Pfizer fell 5 per cent in in New York on Friday after the group said more than half of the participants in its clinical trial for the new drug had dropped out because of side effects....
...The DoJ’s case, he said, “avoids some of the vulnerabilities” from Epic’s fight, and the case law governing the New Jersey federal court where the lawsuit was filed may be more favourable to the government...
...“Merck and Pfizer did not conduct new clinical trials to check that their drugs were still effective,” he said, with original trials only showing “marginal benefits”....
...Spirit had also committed to let go of gates and other facilities in airports including Newark, New Jersey. The offers, however, did not sway Young: “Spirit is a small airline....
...Media will be a strong theme here with results from Fox, News Corp, Disney, Thomson Reuters and The New York Times Company....
...Lipton at the time wondered out loud about blue-chips ditching their Delaware domiciles — where the majority of large, listed American companies choose to incorporate — for the likes of New Jersey and Pennsylvania...
...The New Jersey pharmaceutical titan’s share price has doubled in the past five years, well ahead of the wider S&P 500 index....
...Roche plans to buy immunology company Telavant from Roivant Sciences and Pfizer for more than $7bn, as the drugmaker’s new chief executive seeks to replenish its drug pipeline....
...Illumina has appointed Jacob Thaysen as its new chief executive, as the biotech group seeks to rebuild its leadership team following a bruising battle with activist investor Carl Icahn....
...New York-listed Illumina and Brussels have been locked in a legal fight since 2021 when the San Diego-based company completed the purchase of Grail even as EU regulators were still examining whether the...
...Shares in BioNTech, which have fallen more than 70 per cent since their peak in August 2021, dropped 6.5 per cent to $96.78 in pre-market trading in New York....
...The world’s top global tech and pharmaceutical companies have set up in the country and are major contributors to state coffers via their taxes....
...Yet, with Boots’ parent WBA desperately seeking a new growth prescription, the time to restart a sale process is inching closer....
...and create new drugs....
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