drugmaker
US FDA qualifies first AI tool to help speed liver disease drug development
Drug developers are increasingly adopting artificial intelligence technologies
Pfizer sues Metsera, Novo Nordisk over rival obesity drug bid
[BENGALURU] Pfizer on Friday (Oct 31) filed a lawsuit against Metsera and Novo Nordisk, saying Metsera breached its merger agreement obligations in declaring the Danish drugmaker’s US$8.5 billion bid ...
Pfizer’s drug price cuts yield three-year Trump tariff reprieve
The US president has repeatedly pressured companies to bring their US prices in line with what foreign countries pay
Drugmakers fall on report US to claim Covid shot killed kids
[WASHINGTON] Vaccine makers’ shares fell after a report that US President Donald Trump health officials plan to link Covid shots to the deaths of around two dozen children in a presentation to adviser...
Merck to cut jobs and costs as demand for Gardasil in China remains weak
The cost cuts include US$1.7 billion in annual savings from the elimination of certain administrative, sales and R&D positions
China biotech’s stunning advance is changing the world’s drug pipeline
Chinese’s biotech advances, the scale of which is slowly coming into view, risk becoming another realm of superpower rivalry such as artificial intelligence and electric vehicles
Merck nears US$10 billion deal for London-based lung therapy firm Verona, FT reports
The deal values Verona at about US$107 per American depository share
Sanofi to buy US biopharma group Blueprint for up to US$9.5 billion
The acquisition represents a strategic step forward in the French drugmaker’s rare and immunology portfolios
WeightWatchers files bankruptcy as GLP-1 drugs reshape market
Prepackaged bankruptcies generally allow companies to exit Chapter 11 quickly and without disruption to their business or unsecured creditors
China asks drugmakers, hospitals to find US import substitutes
The tit-for-tat escalation has seen both sides ratchet up tariffs on each other’s goods to over 100 per cent, threatening to wipe out commerce between the world’s two largest economies
