Tag: Pharmaceuticals
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EU ministers reach consensus on Biotech Act directive
Amid Europe’s push to catch up in the biotechnology field, the EU health ministers agreed how to tweak rules on modified micro-organisms (GMMs) and the processing of organs.
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EU health chief to probe effects of Trump’s drug pricing push
The EU health ministers have tasked the European Health Commissioner to assess the impact of the US’ most-favourite-nation policy on the bloc.
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Biotech IPO window is opening but big pharma M&A still sets the pace, top bankers tell CNBC
Biopharma dealmaking is driven by pressure to top up drug pipelines ahead of major patent expirations later this decade.
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Centene to offer buyouts to some employees as health insurer cuts costs
The health insurer Centene did not indicate to how many employees were offered buyouts or how much it is aiming to reduce its workforce.
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The space race is coming for pharma: Why drug development is heading to lower Earth orbit
Companies see a commercial opportunity in creating new ways to administer drugs to patients – in space.
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GSK in talks to acquire Nuvalent for more than $9 billion in biggest deal in over a decade: FT
The deal comes at a time of biotech dealmaking frenzy, driven by looming patent cliffs, newly buoyant public markets and drugmakers’ race to bolster pipelines.
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Jim Cramer says he can’t sell Eli Lilly despite its massive run up. Here’s why
“I think the majority view is that Lilly is pulling away, kind of Secretariat-like,” Jim Cramer said Monday.
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Food supply ‘not at risk’ after new Texas screwworm cases, USDA secretary says
The U.S. will lean on the same playbook it did starting in the late 1950s, part of which involves releasing sterile insects to suppress the pest’s population.
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Weight loss drug maker sinks 25% after new safety data spooks investors
While the experimental drug met its key targets, analysts are concerned over the commercial opportunity due to side effects.
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