UK to probe Unilever's environmental claims as part of greenwashing crackdown
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5M ago
Britain's competition watchdog said on Tuesday it would scrutinise environmental claims made by UK consumer goods giant Unilever about certain household essential items, amid a wider crackdown on greenwashing ..read more
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Walgreens mulls IPO for UK Boots pharmacy chain - Bloomberg News
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Walgreens Boots Alliance is in early talks over separating its UK-based Boots drugstore chain, including the possibility of an initial public offering in London, Bloomberg News reported on Tuesday ..read more
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Health insurer Centene raises 2024 profit forecast
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U.S. health insurer Centene Corp on Tuesday raised its 2024 adjusted profit forecast, bringing it broadly in line with Wall Street expectations, mainly due to higher premiums and expansion of its Medicaid business in two states ..read more
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Eisai to launch Alzheimer's drug Leqembi in Japan on Dec 20
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Eisai said on Wednesday its Alzheimer's drug Leqembi will launch in Japan on Dec. 20 following its inclusion on the National Health Insurance price list ..read more
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Sigma Healthcare posts record jump on $5.8 bln merger with Chemist Warehouse
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Shares in Australia's Sigma Healthcare surged more than 76% on Wednesday to post a record intraday jump, after the company said on Monday it would merge with Chemist Warehouse Group to form an A$8.8 billion ($5.77 billion) entity ..read more
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US consumer group seeks stronger warnings on Botox, similar treatments
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5M ago
Consumer advocacy group Public Citizen on Tuesday filed a petition with the U.S. Food and Drug Administration seeking to require makers of Botox and several similar injections to include stronger warnings about the risk of a potentially fatal muscle-paralyzing disease ..read more
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Moderna commercial officer steps down, CEO to look over vaccine sales
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Moderna said its Chief Commercial Officer Arpa Garay has stepped down from the role and CEO Stephane Bancel will look over sales and marketing, sending the shares of the vaccine maker down 5% on Tuesday ..read more
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AstraZeneca buys respiratory vaccine developer Icosavax in $1.1 bln deal
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5M ago
AstraZeneca said on Tuesday it had agreed to buy respiratory syncytial virus (RSV) vaccine developer Icosavax in a deal valued at up to $1.1 billion ..read more
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Pfizer shares sink after weak 2024 forecasts
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Pfizer on Wednesday forecast 2024 revenue and profit below Wall Street expectations, sending its shares down 7% in premarket trading even as it raised cost-cut target by $500 million ..read more
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EU watchdog seeks more data from GLP-1 drugmakers on suicidal thoughts
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5M ago
The EU's drug watchdog will request more data from makers of a class of diabetes and weight-loss drugs including Novo Nordisk's popular therapies Ozempic and Wegovy to further investigate suicidal thoughts in some patients taking them ..read more
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