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US Stocks: Wave Life Sciences shares plunge 58% as data for high dose of obesity drug disappointsWave Life Sciences shares plunged 58% on Thursday after a higher dose of its experimental obesity drug failed to show a clear improvement a...
Moderna plans to lay off 10% of workforce to cut costsModerna is set to reduce its global workforce by roughly 10%, aiming for under 5,000 employees by year's end, as it accelerates cost-cuttin...
Moderna layoffs: U.S. Pharma giant announces massive job cuts, to have less than 5,000 employees, MRNA stocks sinkModerna had said earlier this year it expects operating costs to be between $4.7 billion and $5 billion for 2027. MRNA stock, which has los...
Semiconductor company Arm to open second office in Bengaluru“In Bangalore, we have about 2,000 people and we're just acquiring a new building to grow and make that even bigger and better,” said Peter...
Moderna can make vaccine for Omicron by early next year“We should know about the ability of the current vaccine to provide protection in the next couple of weeks,” Burton said.
BioNTech to build mRNA manufacturing site in SingaporeThe biotech company said the Singapore production facility will have an estimated annual capacity of several hundred million doses of mRNA-...
Serum Institute to invest 240 million pounds in UK; leads cross-sector Indian investmentsThe Pune-based vaccine manufacturer is among a list of nearly 20 Indian companies across sectors such as healthcare, biotech and software s...
Tata in talks to launch Moderna vaccine in IndiaTata Medical & Diagnostics, a newly formed subsidiary of Tata Sons, is said to have started initial discussions with US company Moderna for...
Moderna mania draws bitcoin comparisons while shorts bleedModerna jumped as much as 17% in New York Tuesday. The stock has surged about 73% and added more than $28 billion in market value over the ...
India in dialogue with Moderna, other biotech firms over progress in COVID vaccine development: SourcesModerna on Monday said the independent National Institutes of Health-appointed Data Safety Monitoring Board (DSMB) for the Phase 3 study of...
This $5 billion startup made its first Cancer vaccine - for just one personNovel cancer drugs often come with six-figure price tags, so success could be lucrative. Numerous companies are chasing a cancer vaccine. O...
Biotech startups: Govt steps in where investors fear to treadA flagship government-funding programme has provided a springboard to India's biotechnology industry by backing innovative and risky projec...
Are India’s life sciences startups turning a corner?A life sciences or medical product company is yet to make it big anywhere in India, despite a startup culture that is 15 years old.
India signs biotech pact with Cambridge UniversityIndia has signed a pact with the UK's prestigious Cambridge University to create a new programme of early-career fellowships in the field o...
- Jeremy Levin named as next CEO of Teva Pharmaceutical Industries
Teva Pharmaceutical Industries Ltd named Jeremy Levin of Bristol-Myers Squibb Coto to replace Shlomo Yanai as chief executive officer.
- Dr Reddy's relocates Chirotech Tech Centre to Cambridge in UK
India's leading pharmaceutical firm Dr Reddy's Laboratories has moved its UK subsidiary,Chirotech, to a new purpose built lab facility at t...
- Genzyme board rejects Sanofi $69-a-share offer
Biotech firm Genzyme Corp. says its board of directors is rejecting Sanofi-Aventis SA's $69 a share offer and recommending Genzyme sharehol...
- Japan's Takeda in $8.8 billion bid for US biotech firm
Japan's Takeda Pharmaceutical Co has agreed to pay about $8.8 billion for US biotech company Millennium Pharmaceuticals Inc, the two firms ...
- Long queue for GE Money business
The race to acquire the personal and home loan portfolio of General Electric’s consumer finance company, GE Money Financial Services is hot...
- Big Pharma seeks biotech dose to spur growth
Vincent Aita of Kilkenny Capital Management says he picks biotechnology stocks on their potential as takeover targets.