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Healthcare
Eli Lilly drug slows Alzheimer’s progression
Experts in dementia have welcomed the latest milestone in treating Alzheimer's disease after Eli Lilly published trial results showing that its new drug significantly reduced memory loss and cognitive degeneration.
The US Pharmaceuticals…
Recruitment agency deal offers private equity stakes in NHS backlog
Fremman Capital has bought an agency that hires NHS doctors, nurses and other staff outside of their contracted hours. The firm is betting that the growing number of waiting lists will increase demand for specialized services and staff.…
Pfizer and GSK Shots against RSV get backing from older adults
A panel of US public advisors has approved the use of respiratory syncytial viruses shots from Pfizer Inc., and GSK Plc in older adults. This will allow the vaccines to be used by a vulnerable group.
After consulting with their doctors,…
UK medical cannabis group lures patients into buying the business
Isle of Man GLO is looking to sell 25% to clients and let them have a say in production.
Patients in the UK can now buy up to 25% of the equity of a British medicinal cannabis company located on the Isle of Man. This gives them a…
Aviva’s sales of private health insurance jump by 25% as NHS backlog is a problem
The UK insurer Aviva announced a record jump in its sales of private medical insurance on Wednesday. New data showed that patients are turning to private healthcare at an unprecedented rate, while the NHS is struggling due to long waiting…
Pfizer’s executive warns that the M&A crackdown is a disaster for the pharma industry
Pfizer's senior executive warned that antitrust regulators cracking down on mergers and purchases would be "a disaster" for the innovation system that supports the pharmaceutical industry.
William Pao said that M&A was an important…
Creditors lose out in the battle for former AstraZeneca sites
The liquidator for AstraZeneca’s former manufacturing plant near Bristol criticised the behavior of the group who acquired the facility, claiming that they "delayed and diminished" the returns to creditors.
Administrators were appointed…
GSK raises $1 billion selling shares in Haleon Consumer Spinoff
GSK Plc has raised £804 millions ($1 billion) by selling a stake Haleon Plc, its consumer health care division that it spun off last year as a separate firm.
The UK pharma company sold 240 millions shares at 335 pences, a discount of…
UK participation to EU Horizon Programme delayed due to cost talks
Britain complains that it has to pay too much for flagship research project
The UK accused the EU for asking it to pay for Horizon Europe too much, which undermined optimism that Britain would soon join the flagship research…
Babylon shareholders lose out on restructuring deal
The British healthcare startup will return to private ownership
Investors in Babylon, the British healthcare startup that gained popularity during the pandemic are about to lose their money as the main lender of the company is…
The healthcare system is rushing to release breakthrough AI models, despite profound questions.
CHICAGO - Industries grapple with the potential of ChatGPT - a breakthrough application that generates responses similar to those given by humans.
Healthcare is not an exception. ChatGPT, the underlying technology of ChatGPT, is being…
NHS patients are waiting over a year to get test results due to IT backlog
As a result of a failing IT infrastructure, the NHS has made patients wait more than one year to receive results for genetic illnesses tests.
Whole genome sequencing is a medical technology that can be used to diagnose rare genetic…