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Healthcare
Active Biotech and Famar Health Care sign a manufacturing deal
February 07, 2021 11:45 AM AEDT| By Hina ChowdharySummary Both the healthcare sector companies have signed a contract on Thursday, 4 February. Under the agreement, Famar Health will be providing Active Biotech with clinical trial material. &nb.....
Astrazeneca’s Covid-19 Vaccine Efficient for Elders, Says UK Regulators
February 06, 2021 11:23 AM AEDT| By Kunal SawhneySummary The British-Swedish pharma major has come up with extra trial data which shows that vaccine is effective in the elderly group Some of the European nations have been doubting whether the vaccine is effective on elderly age group or not .....
Sensyne Health Unveils AI Algorithm for Real-Time Hospital Management
February 06, 2021 01:07 AM AEDT| By Hina ChowdharySummary Sensyne Health unveiled its first operational artificial intelligence algorithm SYNE-OPS-1 The SYNE-OPS-1 provides real-time operational decision-making support to healthcare managers. The company's CEO Lord Drayson plans to.....
Jazz Pharmaceuticals acquires GW Pharmaceuticals for £5.3 billion
February 05, 2021 12:58 AM AEDT| By Hina ChowdharySummary GW Pharmaceuticals has announced that Ireland’s Jazz Pharmaceuticals will be buying it out for £3 billion in a cash and stock deal. The deal is likely to close by the second quarter of this year. GW’s drug .....
McKinsey agrees to $573mn multi-state opioid settlement
February 04, 2021 10:20 PM AEDT| By Kunal SawhneySummary McKinsey has agreed to a multi-state settlement claim of at least US $573 million for its sales and marketing advice to Oxycontin maker Purdue Pharma. McKinsey’s settlement claims are with 43 states, the District of Columbia and t.....
Moderna Inc (NASDAQ: MRNA) initiates additional filling of vials containing Covid-19 vaccine
February 02, 2021 06:54 PM AEDT| By Team Kalkine MediaSummary The pharma company has proposed increasing of filling vials by up to five additional doses. The US FDA had initially purchased 200 million doses of Moderna vaccine, following which it ordered additional 100 million jabs. .....
Valneva shares jump 16% after UK government decides to procure 40 mn more vaccine doses
February 01, 2021 11:49 PM AEDT| By Kunal SawhneySummary Shares of Valneva jumped 16 per cent after the UK government procured 40 million additional doses of its Covid-19 vaccine. After the jump, the shares of Valneva SE hit a fresh all-time high on the .....
UK May Get Its Fourth Covid-19 Vaccine, Novavax Shows High Efficacy in Phase III Trials
January 31, 2021 11:01 AM AEDT| By Team Kalkine MediaSummary The new Novavax vaccine has an 86 per cent efficacy against the coronavirus. Novavax will be produced in association with Teesside University in England. The UK has sought 60...
Siemens Healthineers partners with British hospital trust MFT
January 29, 2021 12:24 AM AEDT| By Hina ChowdharySummary A 15-year long contract has been signed by both the parties for a financial consideration of EUR 140 million. Under the agreement, Siemens will provide MFT with an installation of 350 medical equipment. Germany-based&nbs.....
J&J’s (NYSE: JNJ) Former Talc Supplier Intends to File for Bankruptcy
January 13, 2021 09:34 PM AEDT| By Kunal SawhneySummary Imerys Talc America talc supplier of J&J is seeking bankruptcy to evade mass litigation matters J&J is awaiting phase 3 trial of its Covid-19 vaccine shortly, which would help in determining the efficacy and safety of the vaccin.....
What are the recent developments announced by Tiziana Life Sciences on its Covid-19 vaccine clinical trial?
January 12, 2021 03:31 AM AEDT| By Hina ChowdharySummary Tiziana Life Sciences had not reported any revenue since its inception. The Company had announced the completion of its clinical study in Brazil investigating nasally administered Foralumab. The Company had completed the demerger of St.....
Study suggests Pfizer-BioNTech vaccine is effective against new Covid-19 strain
January 10, 2021 11:05 AM AEDT| By Kunal SawhneySummary Scientists have found evidence that proves the Pfizer and BioNTech vaccine, BNT162b2, is effective on the mutated version of coronavirus The Pfizer and BioNTech vaccine was the first one to be rolled out in Britain on 8 December A .....
Covid-19 Vaccine: UK Authorise Moderna Vaccine for Mass Usage
January 09, 2021 06:35 PM AEDT| By Kunal SawhneySummary The UK Government has granted Moderna’s Covid-19 vaccine the Emergency Use Authorization for mass vaccination The Department of Health has said that the Moderna vaccine has met with the strict standards of safety, efficacy and qua.....
Study claims Roche’s Arthritis Drug can treat Covid-19 patients, UK government gives nod
January 09, 2021 02:29 AM AEDT| By Kunal SawhneySummary Two drugs manufactured by Roche’s arthritis drugs -- Tocilizumab and Sarilumab were investigated in a UK-led study The REMAP-CAP trial has indicated that these medicines are effective in treating severely ill coronavirus pat.....
Avacta (LON: AVCT) Group Enters Licence Agreement with Point Biopharma
January 07, 2021 11:41 PM AEDT| By Team Kalkine MediaSummary Avacta Group has joined forces with Point Biopharma Inc to accelerate the progress of tumour-activated radiopharmaceuticals The agreement will lead to proceeds of $9.5 million to Avacta Group, which comprises of an upfront fee and devel.....
AstraZeneca PLC’s (LON: AZN) Farxiga Secures US Priority Review
January 07, 2021 03:58 AM AEDT| By Kunal SawhneySummary AstraZeneca announced that it has been granted the Priority Review in the US foe Farxiga If approved, Farxiga (dapagliflozin) could be used in treating the patients of chronic kidney disease AstraZeneca PLC (LON: AZN) announce.....
What’s in store for Healthcare Stocks in 2021: Top 5 picks
January 01, 2021 11:27 AM AEDT| By Hina ChowdharyHealthcare companies are active all year round irrespective of the global situation; hence it is always considered good to have a decent exposure in the healthcare stocks if one is making a portfolio. It is also considered as a popular trend, particu...
After UK’s Approval, Mexico May Go Ahead with AstraZeneca-Oxford University Vaccine
December 31, 2020 09:49 PM AEDT| By Team Kalkine MediaSummary Britain's approval of Oxford University and AstraZeneca’s coronavirus vaccine candidate, which was developed in record time, was hailed by Mexico's government Latin American nations such as Mexico, Argentina, and Chile are very cl.....
Oxford University- AstraZeneca (LON: AZN) Covid-19 Vaccine Gets UK Regulator’s Nod
December 30, 2020 08:20 PM AEDT| By Kunal SawhneySummary MHRA has authorised Oxford University-AstraZeneca for emergency use of their COVID-19 Vaccine AstraZeneca’s vaccine achieved an overall efficacy level of 70 per cent The British drugmaker is closely working with the Public H.....
AstraZeneca (LON: AZN) Receives US Approval for Lung Cancer Treatment
December 22, 2020 07:30 PM AEDT| By Kunal SawhneySummary AstraZeneca plc’s (LON: AZN) Tagrisso (osimertinib) has received approval in the US for the adjuvant medication of adult patients. The approval was received under the US Food and Drug Administration’s (FDA) Real-Time Oncolog.....
AI on the Rise: A Look at Top AI Companies and Their Stocks