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Pharmaceutical
Walgreen, Boots’ owner, explores London listing for high-street chain
Boots, the US-owned high street pharmacy chain, is considering a £7bn UK IPO. This could give London's struggling stock market a needed boost.
Walgreens Boots Alliance, which abandoned its plan to sell Boots two years ago, is believed to…
Weight loss drug manufacturer plots a ‘buy Now, Pay Later’ offer
Novo Nordisk wants to help more people get Wegovy jabs, including those who are currently unable to access them.
Novo Nordisk, a maker of obesity drugs, said that it would offer countries the option to "buy now and pay later" for its…
Tonix Pharmaceuticals’ CEO Reveals Next-Generation COVID Vaccine Technology chosen for key…
The landscape of vaccine technology is witnessing a revolutionary change with the introduction of TNX-1800, a next-generation COVID-19 vaccine developed by Tonix Pharmaceuticals. Led by CEO Dr. Seth Lederman, the company has made…
Boots is the latest foreign takeover to fail of a British retailer
Boots reduces investment. It will close stores. It may have to face another complex corporate restructuring.
Boots should have a great decade, as the NHS is in a constant state of crisis. People are taking more responsibility for…
Merck opens a £1bn London research center with a plea for government support to industry
Merck's chief research officer has called for the UK government make the country more welcoming of pharma companies. This is ahead of next week, when the US-based company will break ground in London on a £1bn Research Centre.
Dean Li,…
Scandinavians are euphoric and terrified by the’miracle weight loss drug’
Mixed reactions have been received in Denmark by the sudden surge of interest in Wegovy
What happens when you find a weight-loss drug that is a "miracle", and may even be the best-selling medicine of all time. Of course, throw…
Pharma companies under scrutiny for using blue blood from horseshoe crabs
Environmentalists, as well as a major European investor, are putting pressure on pharmaceuticals companies to find alternatives to using the blood of horseshoe crayfish to test medical devices and vaccines.
Blood is used in millions of…
US Supreme Court stops $6 billion Purdue Opioid settlement, a blow to Sacklers
The Supreme Court has put Purdue Pharma’s bankruptcy settlement of $6bn on hold. This would have shielded members of the Sackler Family who own the company against future lawsuits related to the US opioid epidemic.
The court granted a…
Already, the Ozempic-killers are generating fat profits
A booming weight-loss drug market has investors scrambling for a piece of the action
After Copenhagen-headquartered Novo Nordisk published trial data this week suggesting its weight-loss jab Wegovy cut the risk of heart attacks…
AstraZeneca’s Strong Q2 2023 Performance and Positive Trial Results Reinforce Growth Story
AstraZeneca’s second quarter of 2023 has been successful, with eight different medicines generating over US$1 billion in sales. The company has also seen positive results in eight separate Phase III oncology trials, with more data expected…
Pharma giants pour millions into NHS to boost sales
Pharmaceutical giants are pouring tens of millions of pounds into struggling NHS services - including paying the salaries of medical staff and funding the redesign of patient treatment - as they seek to boost drug sales in the UK.
Drug…
Dechra warns of profit warning after £4.6bn Takeover Talks
Dechra Pharmaceuticals warned that its earnings would be lower than expected, as it negotiates with a Swedish firm for a £4.6billion takeover.
The company informed investors that its profits would be affected by American wholesalers'…