pharmaceuticals
Temasek-backed Clover raises US$230m, plans vaccines for Covid-19 variants
[BEIJING] China's Clover Biopharmaceuticals, a developer of coronavirus vaccines, has raised US$230 million from...
Johnson & Johnson files for EU vaccine approval
[THE HAGUE] Pharmaceutical giant Johnson & Johnson has applied for authorisation for their coronavirus vaccine...
Bristol-Myers, Sanofi ordered to pay Hawaii US$834m over Plavix warning
[NEW YORK] Bristol-Myers Squibb Co and Sanofi SA were ordered by a US judge on Monday to pay more than US$834...
Pan-European consortium seeking big pharma partner for Covid-19 shot
A PAN-EUROPEAN consortium developing a Covid-19 vaccine is in talks with a big pharma group to support the late-...
Sanofi's mRNA Covid-19 vaccine candidate will not be ready this year, says CEO
A COVID-19 vaccine candidate developed by Sanofi and US group Translate Bio "will not be ready this year", the...
Merck in talks with governments, other drugmakers to produce Covid-19 shots
[BENGALURU] Merck & Co said on Wednesday it was in talks with governments and companies to potentially help with...
Bain, Cinven buy Lonza Specialty Ingredients in S$6.25b deal
[ZURICH] Bain Capital and Cinven are acquiring Lonza's Specialty Ingredients division in a deal worth S$6.25 billion...
Prestige Biopharma raises 453 billion won from Korean IPO
SINGAPORE-BASED biotech firm Prestige Biopharma has raised net proceeds of 453 billion won (S$539.9 million) from an...
McKinsey to pay US$573m to settle charges of fueling US opioid crisis
[WASHINGTON] Global consulting firm McKinsey will pay US$573 million to US states to settle claims it contributed to...
US pharmaceutical giant Merck to get new CEO
[NEW YORK] US pharmaceutical giant Merck said Thursday that chief executive Ken Frazier will retire on June 30.
Jazz Pharmaceuticals to buy GW for US$7.2b in cash, stock
[WASHINGTON] Jazz Pharmaceuticals has agreed to acquire GW Pharmaceuticals for $7.2 billion in cash and stock, the...
BREAKING NEWS
US bank regulators say pandemic drove up risk in leveraged lending
[WASHINGTON] The credit risk for large, syndicated loans, including leveraged loans, remains high and increased in...
Twitter aims to double revenue in three years; shares surge
[SAN FRANCISCO] Twitter wants to double its annual revenue to US$7.5 billion by 2023, and expects to increase its...
GameStop shares rise in early trade before being halted
[BENGALURU] GameStop shares shot higher in early trading on Thursday before a series of NYSE trading halts, a day...
Yangzijiang Shipbuilding reports higher profit for Q4 FY20; maintains dividend
YANGZIJIANG Shipbuilding's net profit for the fourth quarter ended Dec 31, 2020, rose 17 per cent year on year to...
China approves two more domestic Covid-19 vaccines, increasing number to four
[BEIJING] China's National Medical Products Administration said on Thursday that it had approved two more Covid-19...
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