GSK intends to sell its remaining stake in Haleon
(Reuters) - British drugmaker GSK said on Thursday it plans to sell about 385 million shares, representing its entire shareholding, in spun-off consumer healthcare business Haleon. The latest offload will mark the fourth set of disposal GSK has had...
May 16, 2024
Properly cooked hamburgers pose no bird flu risk, US study finds
CHICAGO (Reuters) -No bird flu virus was found after cooking ground beef to medium to well done, the U.S. Department of Agriculture said on Thursday after conducting a study as it addresses concerns over an outbreak of the disease in dairy cattle. The ...
May 16, 2024
CVS Health launches new snack brand called Well Market
(Reuters) - CVS Health launched a new packaged food brand called Well Market on Thursday, encompassing varieties of popcorn, cookies and almond. The brand will have 40 new snacks, beverages and groceries that will be sold at more than 9,000 CVS pha...
May 16, 2024
Novo Nordisk building site hit by fire, Danish TV2 reports
COPENHAGEN (Reuters) - A fire broke out at a Novo Nordisk construction site in the Danish city of Kalundborg on Thursday, TV2 News reported, citing local police. A Novo Nordisk spokesperson confirmed there was a fire but declined to comment further...
May 16, 2024
Biogen, Ionis will discontinue development of their ALS drug
(Reuters) - Biogen and Ionis Pharmaceuticals said on Thursday they will terminate the development of their treatment for amyotrophic lateral sclerosis (ALS) based on results from an early-stage study. (Reporting by Christy Santhosh; Editing by Son...
May 16, 2024
Johnson & Johnson to acquire Proteologix for $850 million
(Reuters) - Johnson & Johnson on Thursday said it would acquire privately held Proteologix for $850 million in cash, with potential for an additional milestone payment. (Reporting by Sriparna Roy in Bengaluru; Editing by Anil D'Silva)
May 16, 2024
Lilly's weekly insulin succeeds in late-stage studies
(Reuters) - Eli Lilly said on Thursday that its once-weekly insulin efsitora met the main goals in two late-stage trials evaluating it in people with type 2 diabetes. (Reporting by Bhanvi Satija in Bengaluru; Editing by Shilpi Majumdar)
May 16, 2024
Thai cannabis groups urge government to rethink plan to re-criminalise marijuana
BANGKOK (Reuters) - Dozens of Thai cannabis advocates urged the government on Thursday to abandon its plans to re-list marijuana as an illegal narcotic, a week after it announced its dramatic policy U-turn just two years after de-criminalising it. ...
May 16, 2024
Roche shares gain on obesity drug results from early-stage trial
(Reuters) - Roche shares gained 4.7% at the market open on Thursday after an early-stage trial showed that the obesity drug candidate by newly acquired Carmot Therapeutics led to significant weight loss. The Swiss drugmaker said the study in the fi...
May 16, 2024
AstraZeneca's investigational COVID drug meets primary goals in late-stage study
(Reuters) - AstraZeneca said on Thursday its investigational drug, sipavibart, met primary goals in preventing COVID-19 in immunocompromised patients in a late-stage trial. (Reporting by Eva Mathews in Bengaluru; Editing by Sherry Jacob-Phillips)
May 16, 2024