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Valneva withdraws application for standard US approval of its chikungunya shot
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Wednesday, October 22
by
SRN News
Health Rounds: mRNA COVID vaccines appear to make immunotherapy cancer drugs work better
(This is an excerpt of the Health Rounds newsletter, where we present latest medical studies on Tuesdays and Thursdays.) By Nancy Lapid (Reuters) -Cancer patients who received mRNA-based COVID vaccines within 100 days of starting treatment with widely used immunotherapies were twice as likely to ...
Wednesday, October 22
by
SRN News
Staar Surgical’s top investor calls shareholder meeting to remove directors
(Reuters) -Medtech firm Staar Surgical’s biggest investor, Broadwood Partners, is planning to call a shareholder meeting to remove several directors, it said on Wednesday, amid tensions over a proposed takeover by Swiss eyecare firm Alcon. Investment firm Broadwood has 27.5% stake and has actively opposed ...
Wednesday, October 22
by
SRN News
During cold and flu season, the youngest kids really are the germiest
Forget colorful leaves. Any caregiver knows that the real signs of fall are kids with coughs, sneezes and sniffles. Autumn marks the start of respiratory virus season, when colds, flu and other bugs start circulating — especially among the very young. A recent study confirmed what ...
Wednesday, October 22
by
SRN News
Thermo Fisher beats third-quarter estimates on strong demand for lab tools
(Reuters) -Medical equipment maker Thermo Fisher beat analysts’ estimates for third-quarter revenue and profit on Wednesday, owing to strong demand for its tools and technologies that are used to develop therapies. Contract research firms such as Thermo Fisher are seeing renewed demand as pharmaceutical companies ...
Wednesday, October 22
by
SRN News
Novo Nordisk shares fall as top investor drives board overhaul
(Reuters) -Shares in Novo Nordisk fell around 3% in early trading on Wednesday, extending their losses from a day earlier, after the Wegovy maker’s top investor proposed a sweeping board overhaul. The non-profit Novo Nordisk Foundation said that current chair Helge Lund and six other ...
Wednesday, October 22
by
SRN News
Analysis-Novo’s board bust-up to sharpen drugmaker’s focus on US consumers
By Bhanvi Satija and Maggie Fick LONDON (Reuters) -Boardroom drama at Wegovy-maker Novo Nordisk has laid bare the company’s biggest challenge: how to better tap into America’s mass market for weight-loss drugs. The Danish drugmaker that initially soared on the success of its obesity drug has ...
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Tuesday, October 21
by
SRN News
China’s Innovent signs $11.4 billion cancer therapy deal with Japan’s Takeda
(Reuters) -China’s Innovent Biologics said on Wednesday it had signed an $11.4 billion deal with Japan’s Takeda Pharmaceutical Co to accelerate the development of its immuno-oncology and antibody-drug conjugate cancer therapies. Under the agreement, Innovent is set to receive a $1.2 billion upfront payment from ...
Tuesday, October 21
by
SRN News
Alector shares plunge after dementia drug fails to slow disease progression
(Reuters) -Alector said on Tuesday its experimental drug failed to slow the progression of a rare form of dementia in a late-stage trial, prompting the company to end the study and cut nearly half its workforce. Shares of the company fell over 55% in extended ...
Tuesday, October 21
by
The Center Square
Illinois quick hits: Elections board splits on Harmon fine; busiest summer at O’Hare
Elections board splits on Harmon fine The Illinois State Board of Elections delivered a tied vote of 4-4 on state Senate President Don Harmon’s appeal of a ruling that ...
Tuesday, October 21
by
The Center Square
WATCH: Pritzker ‘absolutely, foursquare opposed’ to Chicago mayor’s head tax
(The Center Square) – The governor of Illinois says he is against the Chicago mayor’s plan to impose a head tax on employers. Mayor Brandon Johnson’s 2026 budget proposal ...
Tuesday, October 21
by
SRN News
Terns Pharma ends obesity drug program after mid-stage trial data
(Reuters) -Terns Pharmaceuticals said on Tuesday it will stop developing its experimental obesity drug after a mid-stage trial showed modest weight loss and raised safety concerns. Shares of the company were down about 14% in extended trading. The once-daily oral drug, TERN-601, helped patients lose up ...
Tuesday, October 21
by
SRN News
Factbox-Who’s on Novo Nordisk’s board after major shakeup?
(Reuters) -Novo Nordisk will replace chair Helge Lund and six independent directors next month in a major boardroom shakeup following a disagreement over strategy with its powerful controlling shareholder, Novo Nordisk Foundation. They will step down at an extraordinary general meeting on November 14. The ...
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