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The top companies in the world’s trailblazing industries came together for the 4th Annual Business Tabloid Awards on January 19, 2023, at Atlantis The Palm in Dubai, United Arab Emirates. The Annual Business Tabloid Awards recognizes excellence in various industries, including Banking, Finance, Insurance, Real Estate, Technology, Healthcare, Leadership and Logistics & Transportation. A panel […]
The U.S. Food and Drug Administration (FDA) on Wednesday announced that it had approved a meat product made from animal cells for ingestion by humans for the first time. In documents made public on Wednesday, the FDA stated that it had examined the company’s evidence and had no further concerns regarding the conclusion that its […]
The latest sector to ask for assistance as the energy crisis worsens is the pharmaceutical industry, which has warned that it may discontinue producing some affordable generic medications due to rising electricity prices and is appealing for a revision of their pricing. Before the extraordinary EU Council meeting on Friday, the generic drug industry’s lobbying […]
Burjeel Holdings, the top healthcare provider in the UAE, and the Ministry of Investment of Saudi Arabia have signed a memorandum of understanding (MoU). The private healthcare firm will partner and work with institutions and healthcare organisations in accordance with the agreement and will invest up to $1 billion in the kingdom by 2030. In […]
Microsoft’s Founder and philanthropist Bill Gates urged South Korea to do more to avoid infectious illnesses like COVID-19, emphasising the need for the world to be better prepared for the next pandemic. In a speech to South Korean parliamentarians in Seoul, Gates advocated for greater international collaboration, including attempts to create vaccines effective against a […]
Pfizer Inc agreed to pay $5.4 billion in cash for acquiring Global Blood Therapeutics to bolster its pipeline, as it seeks to capitalise on a boom in income from its COVID-19 vaccination and therapy and to counteract a projected slowdown in Covid-19 product demand as instances reduce. Pfizer said on Monday that it will pay […]
The fast-growing monkeypox outbreak is a global health emergency, according to World Health Organization Director-General Tedros Adhanom Ghebreyesus on Saturday. He stated that the danger of monkeypox, which spreads through close contact and causes flu-like symptoms and pus-filled skin lesions, was moderate internationally, with the exception of Europe, where the WHO has classified the risk […]
The US Food and Drug Administration (FDA) convened a meeting on Wednesday. The purpose of this meeting was to have a better understanding of the future of Covid-19 booster shots in light of the rapid mutation of the virus. Expert advisors at the FDA discussion will evaluate who would be eligible for future booster shots, […]
The multinational pharmaceutical corporation Pfizer has signed a deal worth $5.29 billion to supply 10 million Anti-Covid pills to USA. Paxlovid, the pill manufactured by Pfizer could change the fight against the virus, this pill can be provided by physicians to patients at home after infection. It is a highly effective at-home treatment which could […]
The multinational health care company Baxter to acquire medical technology leader Hillrom for $12.4 billion. Hillrom will bring complementing products and innovative pipeline that will enable Baxter to provide a broader array of medical products and services to patients and clinicians across the world. Both the companies will combine together and accelerate the expansion of […]
The German pharmaceutical company Bayer has announced to acquire Vividion Therapeutics for $2 billion. After the acquisition, Bayer will own full rights to Vividion’s proprietary discovery platform, which comprises three integrated, synergistic components: an integrated data portal, a novel chemoproteomic screening technology, and a proprietary chemistry library. The acquisition of Vividion will strengthen Bayer’s small […]
The Medical technological company CMR Surgical has announced that it has raised £425 million in Series D financing at $3B valuation. The round was led by SoftBank Vision Fund 2ii and co-led by Ally Bridge Group and will support the Company’s mission to make keyhole surgery accessible to more people worldwide. The funds will be […]
