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Ultragenyx shares crater after Angelman syndrome drug fails late-stage trial

By Kamal Choudhury Sept 3 (Reuters) – Shares of Ultragenyx Pharmaceutical plunged on Thursday after its neurodevelopmental disorder treatment failed a closely watched late-stage trial, dealing a major blow to one of its biggest growth bets. The drug, apazunersen, failed to meet both its main goal of

· SRN Health
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Transgene jumps 20% on positive cancer vaccine data in early trial

Sept 3 (Reuters) – Transgene shares surged 20% in early Paris trading on Thursday, after the French biotechnology company reported positive Phase 1 trial data on its vaccine candidate for head and neck cancer. Investors have rewarded encouraging data from other personalised cancer-vaccine programmes

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HUTCHMED (China) signs licensing deal with GSK for experimental solid tumour drug

Sept 3 (Reuters) – GSK subsidiary GlaxoSmithKline Intellectual Property (No. 4) Ltd will pay a unit of HUTCHMED (China) $110 million upfront for rights to an experimental drug for solid tumours, the Chinese drugmaker said on Thursday. Shares in Hong-Kong-listed HUTCHMED were up about 15% after the a

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HUTCHMED (China) signs licensing deal with GSK for experimental solid tumour drug
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Latest Indonesian free meal poisoning outbreaks affect 800, lawmaker says

JAKARTA, Sept 3 (Reuters) – Nearly 800 Indonesians have fallen ill in separate incidents of food poisoning linked to the government’s free meals programme, a member of a parliamentary commission overseeing health said, including more than 500 students in East Java province this week. President Prabo

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Latest Indonesian free meal poisoning outbreaks affect 800, lawmaker says
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Nestle to build infant formula plant in Brazil as part of $393 million investment

By Gabriel Araujo SAO PAULO, Sept 3 (Reuters) – Nestle will invest 2 billion reais ($392.73 million) in its nutrition and health division in Brazil through 2028, including 600 million reais for a new infant formula factory in Minas Gerais state, the company said on Thursday. • The nutrition and heal

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Nestle to build infant formula plant in Brazil as part of $393 million investment
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From hunger to obesity: Developing world faces growing threat to child health

By Jennifer Rigby, Ajeng Ulfiana, Stanley Widianto and Heru Asprihanto BOGOR, Indonesia, Sept 3 (Reuters) – Intan Permatasari’s mother simply couldn’t refuse her daughter’s pleas for food. By the time she was 4, Intan had outgrown all the kindergarten uniforms and had to wear home-sewn clothes to sc

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From hunger to obesity: Developing world faces growing threat to child health
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Ultragenyx’s rare disease drug fails in late-stage trial; shares plunge

By Christy Santhosh Sept 2 (Reuters) – Ultragenyx Pharmaceutical said on Wednesday its experimental drug for a rare genetic neurodevelopmental disorder did not meet the main goal in a late-stage trial, sending its shares down 45% in aftermarket trading. The drug, apazunersen, was tested as a treatme

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Novartis could cut about 130 jobs in Basel site relocation

ZURICH, Sept 2 (Reuters) – Novartis could cut about 130 jobs in Switzerland as it relocates laboratory activities and shuts down some production in Basel, the Swiss drugmaker said on Wednesday. The company said it plans to transfer laboratories for biological cell banks, analytical testing procedure

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Novartis could cut about 130 jobs in Basel site relocation
health

WHO’s Tedros says Ebola response must be scaled up to tackle Congo outbreak

By Olivia Le Poidevin GENEVA, Sept 2 (Reuters) – The head of the World Health Organization on Wednesday said the Ebola response needs to be scaled up to tackle the outbreak in the Democratic Republic of Congo, with tracking the chains of transmission still posing a challenge. “Until every chain is f

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WHO’s Tedros says Ebola response must be scaled up to tackle Congo outbreak
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As schools re-open, Congo drops remote learning plan in Ebola red zone

By Gradel Muyisa and Ange Kasongo BENI, Democratic Republic of Congo, Sept 2 (Reuters) – Schools reopened this week in areas of Democratic Republic of Congo hardest hit by Ebola, after authorities decided the risk of transmission was outweighed by the risk of pupils struggling with remote learning,

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As schools re-open, Congo drops remote learning plan in Ebola red zone
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uniQure seeks US approval for Huntington’s gene therapy after FDA reversal

Sept 2 (Reuters) – Dutch gene therapy developer uniQure said on Wednesday it had applied for U.S. approval of its experimental treatment for Huntington’s disease after the FDA reversed its earlier position on the drug, sending the company’s shares up 5% in premarket trading. Huntington’s disease is

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Bayer says Crop Science unit makes progress on product launches

Sept 2 (Reuters) – Bayer said on Wednesday its Crop Science business had introduced two out of 10 planned new products with peak annual sales of at least €500 million ($579 million) each and mapped out further market launches. Holding an investor event for the division, the German group also said it

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Bayer says Crop Science unit makes progress on product launches
health

Owkin signs AI drug discovery deal with Boehringer for cancer, immunology

By Sahil Pandey Sept 2 (Reuters) – AI company Owkin said on Wednesday it has signed a licensing deal with Germany’s Boehringer Ingelheim, giving the drugmaker access to its AI research platform and patient data to speed up discovery of drugs for cancer and immunity-related diseases. The deal adds Bo

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Owkin signs AI drug discovery deal with Boehringer for cancer, immunology
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Teva’s immune disorder drug meets main goal in mid-stage trial

Sept 2 (Reuters) – Israeli drugmaker Teva Pharmaceutical Industries, said on Wednesday its experimental drug helped prevent gluten-related intestinal damage in adults with celiac disease, meeting the main goal of a mid-stage trial. U.S.-listed shares of the company were up nearly 3% in early trading

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Teva’s immune disorder drug meets main goal in mid-stage trial
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Irish health service operator fined for storing data in disused bathroom, turf shed

DUBLIN, Sept 2 (Reuters) – Ireland’s health service operator was fined a record amount for an Irish public body by the country’s data regulator for storing medical records in “profound disarray” in areas including a turf shed and a disused bathroom that in some cases were contaminated by animal drop

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Aspen posts higher annual profit as Mounjaro boosts pharma unit

By Nqobile Dludla JOHANNESBURG, Sept 2 (Reuters) – South Africa’s Aspen Pharmacare reported a 22% rise in annual normalised earnings on Wednesday, helped by strong demand for obesity and diabetes treatment Mounjaro, which it distributes, and improving profitability in its manufacturing business. The

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Congo’s Ebola outbreak kills more than 3,000, government figures show

DAKAR, Sept 2 (Reuters) – The number of deaths in Democratic Republic of Congo’s Ebola outbreak has surpassed 3,000, government data showed on Wednesday, as the country’s worst-ever epidemic continues to spread across its northeast. The outbreak, caused by the Bundibugyo species of Ebola, became the

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Congo’s Ebola outbreak kills more than 3,000, government figures show
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Justice Department sues Kansas school system over policies on transgender students

WASHINGTON (AP) — The U.S. Department of Justice filed a federal lawsuit Tuesday against the school system in Kansas City, Kansas, over its policies on transgender students. The lawsuit comes more than a year after the Education Department first said it was investigating four districts in Kansas fol

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Justice Department sues Kansas school system over policies on transgender students
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UK pledges additional £50 million to help contain Ebola outbreak in Congo

Sept 1 (Reuters) – Britain said on Tuesday it would provide more than £50 million ($67.56 million) in new funding to support efforts to contain an Ebola outbreak in the Democratic Republic of Congo, where confirmed cases have surpassed 6,000 in the country’s largest-ever epidemic. • Britain allocate

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UK pledges additional £50 million to help contain Ebola outbreak in Congo
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Mead Johnson wins US federal bellwether trial over preterm infant formula Enfamil

By Dietrich Knauth NEW YORK, September 1 (Reuters) – A U.S. federal jury sided with Reckitt Benckiser’s Mead Johnson on Monday in a test trial over claims the company’s Enfamil infant formula for preterm babies caused necrotizing enterocolitis (NEC), a dangerous bowel disease. The Illinois jury conc

· SRN Health
Mead Johnson wins US federal bellwether trial over preterm infant formula Enfamil