BRUSSELS, Oct 14 (Reuters) – GSK said on Wednesday it could cut as many as 1,217 jobs in Belgium, in the first sign that the British drugmaker’s three-year plan to save £1.9 billion ($2.50 billion) in costs is moving into action. CEO Luke Miels had launched the effort in July as part of a broader pu
By Foo Yun Chee BRUSSELS, Oct 14 (Reuters) – French pharmaceutical company Sanofi has staved off a potential hefty fine after European Union antitrust regulators on Wednesday said they had accepted its offer to stop disparaging a rival flu vaccine. The European Commission opened an investigation in
VATICAN CITY, Oct 14 (Reuters) – Pope Leo was diagnosed with lung adenocarcinoma after doctors removed the lower lobe of his right lung during surgery on Tuesday, the Vatican said. Here are some facts about the disease. WHAT IS IT? Adenocarcinoma is a type of cancer that forms in glandular cells, wh
Oct 14 (Reuters) – Swiss contract drug manufacturer Lonza set new mid-term targets and confirmed its 2026 outlook on Wednesday ahead of its capital markets day, while saying third-quarter performance was in line with expectations across its business areas. Lonza is seeking to become a pure-play drug
By Jayshree P Upadhyay and Gopika Gopakumar MUMBAI, Oct 14 (Reuters) – India’s Bank of Baroda on Wednesday said it will protect its interests, a day after UAE-based businessman and founder of NMC Health filed a $15 billion case against the lender and 25 other defendants in the Bombay High Court. NMC
Oct 14 (Reuters) – Australia’s New South Wales Court of Appeal on Wednesday rejected Cosette Pharmaceuticals’ bid to terminate its takeover of Mayne Pharma, upholding a lower court ruling that the US-based drugmaker had no valid grounds to abandon the deal. Here are some of the details: • Cosette bi
By Abigail Summerville NEW YORK, Oct 13 (Reuters) – Swiss skincare conglomerate Galderma has agreed to buy medical-grade skincare company ZO Skin Health for around $1.5 billion, according to two people familiar with the matter. A deal could be announced in the coming days, the people said. ZO and Ga
Oct 13 (Reuters) – Danish obesity-drug developer Zealand Pharma has partnered with US biotechnology company Generate Biomedicines to develop protein-based treatments for obesity and other metabolic diseases using AI, in a deal worth up to $1.2 billion. Generate will receive $30 million upfront and u
BISSAU, Oct 13 (Reuters) – Guinea-Bissau’s transitional government said Tuesday it has not approved a proposed clinical trial of a hepatitis B vaccine in newborns, denying reports that the study had been authorized. The denial followed news reports that the Trump administration-funded study to asses
By Nate Raymond Oct 13 (Reuters) – CVS Health has agreed to pay $315 million to resolve allegations that the pharmacy chain operator unlawfully filled medically unnecessary prescriptions for addictive opioid painkillers, the US Justice Department said on Tuesday. The settlement resolves a case the d
PARIS, Oct 13 (Reuters) – US chipmaker Nvidia has agreed to buy stakes in French technology startups Doctolib and Genesis AI, the two French companies said on Tuesday. Doctolib said that Nvidia had agreed to buy a minority stake without specifying the size of the stake or its value, though it said t
Oct 13 (Reuters) – The number of confirmed Ebola cases in the Democratic Republic of Congo has risen above 9,000, government data showed on Tuesday, as responders struggle to slow transmission in multiple hotspots. The latest situation report from Congo’s public health institute put the number of ca
Oct 13 (Reuters) – BioNTech said on Tuesday its experimental mRNA cancer immunotherapy failed to meet the first main goal of a mid-to-late-stage trial in patients with head and neck cancer. US-listed shares of the drug developer were down nearly 3% in early trading. • The trial tested the drug, BNT1
Oct 13 (Reuters) – Agilent Technologies said on Tuesday it would acquire pathology software maker Proscia for $240 million in cash, plus up to $30 million tied to future performance targets, as the laboratory equipment maker expands its push into AI-enabled diagnostics. Here are some more details: •
VATICAN CITY, Oct 13 (Reuters) – Pope Leo left the Vatican on Tuesday in a convoy of vehicles ahead of his expected admission to Rome’s Gemelli hospital for surgery to remove a small growth found on one of his lungs, the first major health issue of his 17-month tenure. Leo, 71, said on Sunday that t
By Michael Erman and Sriparna Roy Oct 13 (Reuters) – Johnson & Johnson reported sales in its medical devices business on Tuesday that fell short of Wall Street expectations, citing geopolitical issues including the Middle East conflict, and its shares fell more than 6%. The results marked the second
By Amina Niasse NEW YORK, Oct 13 (Reuters) – UnitedHealth Group raised its 2026 profit forecast on Tuesday and indicated that Wall Street’s current estimate for 2027 earnings was too low, saying it would build on restrained medical-cost spending in its health insurance business and improved margins
ZURICH, Oct 13 (Reuters) – Swiss drugmaker Roche entered a licensing agreement worth up to $1.16 billion with Rona Therapeutics for its investigational obesity drug candidate, the Chinese biotech firm said on Tuesday. Roche has been racing to break into the obesity drug market dominated by Eli Lilly
Oct 12 (Reuters) – Syndax Pharmaceuticals said on Monday it will stop developing a treatment for idiopathic pulmonary fibrosis, a chronic lung-scarring disease, after a mid-stage trial failed to meet its main goal. Shares of the cancer therapy maker fell about 17% in extended trading. • The company
Oct 12 (Reuters) – The US Drug Enforcement Administration has proposed emergency restrictions placing some products with synthetic opioid-like compounds derived from kratom under the strictest category of federal drug control, if they exceed certain concentrations. The DEA issued two notices of inte
(Miami, FL) — Efforts to restore power and assess damages are ongoing today after Isaias [[ ee-sy-EE-us ]] made landfall Friday night as a Category 2 hurricane along the western Florida Panhandle. Five deaths are blamed on the storm, two in Florida, two in Alabama and another in South Carolina. Mean
By Kunal Das Oct 12 (Reuters) – Bausch + Lomb said on Monday that CEO Brent Saunders will leave the eye-care company by mutual agreement with its board, sending its US-listed shares down more than 7%. The company did not disclose a reason for Saunders’ departure and did not immediately respond to a
By Christy Santhosh Oct 12 (Reuters) – Medical equipment maker Steris will buy privately held Xodus Medical for $2.1 billion, adding surgical products designed to improve safety for patients and operating-room staff to its healthcare consumables business. The acquisition strengthens Steris’ push int
By Siddhi Mahatole Oct 12 (Reuters) – Bristol Myers Squibb said on Monday its experimental radiopharmaceutical cancer therapy significantly delayed disease progression in patients with rare, advanced gastrointestinal and pancreatic tumors that had progressed after earlier treatment. Shares of the dr
By Padmanabhan Ananthan Oct 12 (Reuters) – Bristol Myers Squibb said on Monday a lower dose of its experimental drug slowed the progression of a serious lung-scarring disease, putting it on track to be a first-of-its-kind treatment if approved. The late-stage trial enrolled 1,255 patients with idiop
By Lori Ewing MANCHESTER, England, Oct 12 (Reuters) – Moves by Chelsea and the Spanish football federation to offer egg freezing to players are “incredibly progressive”, but safeguards are crucial to ensure women do not feel pressured to delay motherhood, FIFPRO’s Alex Culvin said. Chelsea became in
‘Israel Is a Uniquely Powerful Living Lab for the Future of Mental Health,’ Alma Ventures Founder Tells TML Matalon explained that advances in neuroscience, biomarkers, artificial intelligence, and real-world data are creating new possibilities to detect patterns earlier and understand which treatme
(Geneva) — The World Health Organization said Saturday that Russia’s state health regulator confirmed the death of a lab worker at a plague research facility in Siberia. The WHO says no case of plague had been registered. A laboratory worker at a plague research institute in Siberia got sick and lat
(Miami, FL) — Crews are working to restore power to over a half-million customers after the first hurricane of the Atlantic season slammed the Southeastern U.S. At least four deaths are blamed on Hurricane Isaias [[ ee-sy-EE-us ]] which hit the Florida Panhandle Friday night causing heavy damage. Mi
Oct 11 (Reuters) – Kenya has not recorded any new cases of Ebola after conducting 293 tests since a positive patient died on October 5, the Ministry of Health said on Sunday. The country confirmed its first imported case of Ebola on October 6 after a citizen who travelled from the Democratic Republi
