Moderna vaccine more effective than Pfizer, study says

Moderna vaccine more effective than Pfizer, study says

By Anna Domanska - Sep 18, 2021

Moderna’s Covid-19 vaccine does a slightly better job of preventing coronavirus-related hospitalizations and emergency department visits.

Read More
Swedish drugmaker SOBI soars on $8 billion takeover bid from U.S. private equity

Swedish drugmaker SOBI soars on $8 billion takeover bid from U.S. private equity

By Christy Gren - Sep 03, 2021

Swedish drugmaker Orphan Biovitrum (SOBI) has agreed to an $8 billion takeover bid from US private equity firm Advent International Singapore’s sovereign wealth fund GIC.

Read More
Bain Capital gives up majority stake in South Korea Botox Company for $1.5 billion

Bain Capital gives up majority stake in South Korea Botox Company for $1.5 billion

By Christy Gren - Aug 26, 2021

South Korea’s biggest producer of botulinum toxin, Hugel is concerned about its expansion now as Botox Company is sold.

Read More
Bayer snaps up biotech firm Vividion Therapeutics for $2 billion

Bayer snaps up biotech firm Vividion Therapeutics for $2 billion

By Christy Gren - Aug 05, 2021

Bayer AG is in talks to buy Vividion Therapeutics in a roughly $2 billion deal, enforcing new IPO plans for Vividion.

Read More
Sanofi bets big on mRNA future with Translate Bio acquisition offer

Sanofi bets big on mRNA future with Translate Bio acquisition offer

By Anna Domanska - Aug 03, 2021

Sanofi’s CEO Paul Hudson is dead serious about mRNA technology and capabilities with a $3.2 billion acquisition offer to Translate Bio.

Read More
Tokyo Games organizing Committee head says cancellation of Olympics 2020 quite possible

Tokyo Games organizing Committee head says cancellation of Olympics 2020 quite possible

By Christy Gren - Jul 22, 2021

Tokyo Olympic Games 2021 face cancellation threat due to the rising number of Covid-19 cases, says organizing committee head.

Read More
Johnson & Johnson recalls sunscreen products due to benzene traces

Johnson & Johnson recalls sunscreen products due to benzene traces

By Anna Domanska - Jul 16, 2021

Johnson & Johnson (J&J) announced Wednesday it is recalling five of its sunscreen products after some samples were found to contain low levels of Benzene, a chemical that c

Read More
Corona variants and inequitable vaccine distribution worrying, say G20 nations

Corona variants and inequitable vaccine distribution worrying, say G20 nations

By Anna Domanska - Jul 13, 2021

The rise in new variants of the Coronavirus and poor access to vaccines in developing countries will derail the recovery of economies across the world, warn the finance ministers o

Read More
Flagship Pioneering, investor in Moderna raises $3.4 billion funds

Flagship Pioneering, investor in Moderna raises $3.4 billion funds

By Anna Domanska - Jun 15, 2021

Flagship Pioneering, the bioplatform company, and the venture capital investor in Moderna, today announced that it had raised additional funding of $2.23 billion, which brings its

Read More