Nikki’s Blog
Women-focused health startup Maven valued at $1.7 billion in funding round
By Arasu Kannagi Basil and Niket Nishant (Reuters) - Women-focused healthcare firm Maven Clinic was valued at $1.7 billion after it raised $125 million in its latest funding round led by private markets investment firm StepStone Group, it said on ...
Oct 08, 2024
Danco Lab to seek expanded use of abortion pill to manage miscarriages, WSJ reports
(Reuters) -Danco Laboratories plans to ask the U.S. Food and Drug Administration to approve its abortion pill regimen for management of miscarriages, the Wall Street Journal reported on Tuesday. Some doctors and women already use the pill, called Mifep...
Oct 08, 2024
Fresenius looking to boost production after hurricane damage at Baxter
FRANKFURT (Reuters) - Germany's Fresenius said it is checking options to start new infusion-solution production lines faster than planned at a North Carolina facility to help mitigate potential shortages due to the impact of Hurricane Helene on riv...
Oct 08, 2024
WeightWatchers adds compounded version of Novo's obesity drug to weight-loss program
(Reuters) -WeightWatchers said on Tuesday it would offer compounded form of Novo Nordisk's popular obesity drug Wegovy as part of its weight-management programs, sending its shares up 13% in early trading. Soaring demand for weight-loss drugs such as W...
Oct 08, 2024
Sage Therapeutics scraps Alzheimer's drug development after trial fails; shares tank
(Reuters) -Sage Therapeutics said on Tuesday it would discontinue the development of its experimental drug for Alzheimer's disease as it did not meet the main goal in a mid-stage trial, sending its shares down about 12% to $5.89 in premarket trading. I...
Oct 08, 2024
GSK RSV shot 43% effective against severe disease in third year
(Reuters) - GSK said on Tuesday that its Arexvy respiratory syncytial virus vaccine was 43.3% effective in preventing severe illness in its third season after patients received the shot. That compares with 94.1% effectiveness in preventing severe R...
Oct 08, 2024
Analysis-GSK, Pfizer RSV vaccine sales fall in US as millions fewer people line up
By Michael Erman (Reuters) - U.S. sales of RSV vaccines from GSK and Pfizer are down significantly after regulators narrowed the targeted age group and said it was a once-in-a-lifetime shot for now, excluding millions of people who got one last yea...
Oct 08, 2024
Siga Technologies to supply mpox therapy in Morocco
(Reuters) -Drugmaker Siga Technologies said on Tuesday it would supply its therapy for mpox in Morocco as part of a contract in response to a request from the country's health ministry for protection against any potential outbreak of the disease. Altho...
Oct 08, 2024
In final rule, EPA requires removal of all US lead pipes in a decade
(Reuters) - The Biden administration finalized a landmark rule on Tuesday that would require water utilities to replace virtually every lead pipe in the country within 10 years, tackling a major threat that is particularly dangerous to infants and ...
Oct 08, 2024
Pfizer, BioNTech win bid to invalidate CureVac's UK COVID vaccine patents
LONDON (Reuters) -Pfizer and its German partner BioNTech on Tuesday won their attempt to invalidate two of rival CureVac's patents at London's High Court. Pfizer and BioNTech had filed their lawsuit in September 2022 over patents relating to messenger ...
Oct 08, 2024
WHO warns of possible Lebanon disease outbreaks as hospitals shut
GENEVA (Reuters) - A World Health Organization official warned on Tuesday of disease outbreaks in Lebanon due to crowded conditions in displacement shelters and hospital closures as medics have fled Israel's assault. Israeli forces have begun groun...
Oct 08, 2024
Zealand, Boehringer win FDA breakthrough status to treat fatty liver
FRANKFURT (Reuters) - Denmark's Zealand Pharma and German partner Boehringer Ingelheim have won the U.S. Food and Drug Administration's Breakthrough Therapy for the review of their experimental weight-loss drug for the treatment of a type of fatty ...
Oct 08, 2024
One mpox case found in Uganda prison, official says
By Elias Biryabarema KAMPALA (Reuters) -A case of mpox has been found in Nakasongola jail in central Uganda, a prison spokesperson said on Tuesday, adding that the patient had been isolated and was receiving treatment. The World Health Organization dec...
Oct 08, 2024
Andrew Ng's fund makes first India investment with AI healthcare firm Jivi
(Reuters) - Computer scientist Andrew Ng-led AI Fund said on Tuesday it has invested in an Indian artificial intelligence healthcare firm named Jivi, the fund's first such investment in the country. India's booming AI segment is expected to grow mo...
Oct 08, 2024
WuXi AppTec to raise $500 million in convertible bond sale as US restrictions loom
By Scott Murdoch and Himanshi Akhand (Reuters) - China's WuXi AppTec will raise $500 million in a convertible bond sale, according to a regulatory filing on Tuesday, a month after the U.S. passed rules to restrict business with the firm on national...
Oct 08, 2024
