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pharmaceuticals

Feb 23, 2021 03:40 PM

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...

Feb 17, 2021 12:56 AM

Johnson & Johnson files for EU vaccine approval

[THE HAGUE] Pharmaceutical giant Johnson & Johnson has applied for authorisation for their coronavirus vaccine...

Feb 16, 2021 10:50 AM

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...

Feb 16, 2021 05:50 AM

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-...

Feb 15, 2021 05:50 AM

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...

Feb 11, 2021 11:16 AM

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...

Feb 9, 2021 11:51 AM

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...

Feb 8, 2021 10:09 PM

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...

Feb 5, 2021 07:13 AM

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...

Feb 4, 2021 10:05 PM

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.

Feb 3, 2021 10:30 PM

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...