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Roche to acquire Carmot Therapeutics for $2.7 billion

ZURICH (Reuters) -Roche agreed to take over obesity drug developer Carmot Therapeutics for $2.7 billion, joining a list global contestants seeking to challenge the dominant makers of weight-loss drugs Novo Nordisk and Eli Lilly. On top of the upfront purchase price of $2.7 billion, Carmot's equity holders will receive payments of up to $400 million if certain milestones are achieved, the Swiss drugmaker said in a statement on Monday. The takeover target's most promising drug candida...
United States Noele Illien Carmot Therapeutics Rachel More Drug Developer Eli Lilly
Source: yahoo.com

Roche to Buy Obesity Drug Maker Carmot for $3.1 Billion

(Bloomberg) -- Roche Holding AG agreed to pay as much as $3.1 billion for Carmot Therapeutics Inc., a developer of the new type of weight-loss treatments that’s sparked a pharma industry gold rush.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsBonds Retreat as Doubts Over Rate Cuts Creep In: Markets WrapBitcoin Surges Past $42,000 as Crypto Rally Gathers SteamHere’s How to Invest in Gold as It Hits an All-Time HighAlaska Air Agrees to Buy Hawaiian in ...
Hong Kong United States Shirley Zhao Bloomberg Businessweek Novo Nordisk Li Ka Shing
Source: yahoo.com

Bluebird bio to sell sickle cell gene therapy FDA voucher for $103 million if approved

The voucher, which is transferable, allows a drug developer to expedite the review process of its product even if it does not fit requirements for a quick process. This would be the third priority voucher sale for bluebird after selling two for a combined $197 million over the past one year. The FDA's decision is expected by Dec. 20 and the bluebird therapy could potentially be the second for the rare disease.
Leroy Leo Shilpi Majumdar Drug Administration Sickle Cell Disease Gene Therapy Priority Review Voucher
Source: yahoo.com

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Oyster Point's drug becomes first FDA-approved nasal spray to treat dry eyes

The condition -- characterized by stinging, sensitivity to light, blurred vision and eye fatigue -- affects about 38 million Americans, and is currently treated with over-the-counter artificial tear drops such as GenTeal and Refresh. Prescription eye drops, such as Novartis' Xiidra, AbbVie Inc's Restasis and Sun Pharmaceutical's Cequa are also used to treat dry eye disease. Oyster Point said Tyrvaya, a twice daily nasal spray, was tested in a late-stage and two mid-stage trials...
Oyster Point Dry Eye Disease Oyster Point Pharma Inc Nasal Spray Oyster Point Prescription Eye Drops
Source: aol.com

4 more Covid vaccines in different stages of trial: Serum Institute

Apart from Covishield, the Serum Institute of India (SII) is working on four more vaccines against the novel coronavirus, according to Suresh Jadhav, executive director at one of the worlds largest vaccine manufacturers. Jadhav informed during a webinar that the firm has been working on five vaccines against the novel coronavirus, including the Covishield which got approval for emergency use roll-out for mass immunization drive began on Saturday. "For one (vaccine) we have received emergency...
Suresh Jadhav Astrazeneca Oxford University World Health Organization Serum Institute Of India Novavax Inc Serum Institute

Detailed text transcripts for TV channel - KGO - 20150602:09:39:00

Drug developer and some womens groups. they are accusing the fda of gender bias and 257 other drugs out there to help men but they havent approved one for women. one drug has been rejected twice. its going to be reviewed again on thursday. a new treat for "50 shades of grey" fans. the author of the popular erotic novel announced her next book will be coming out next month. cant wait. this will be simply titled "grey." do what works. it tells a story from christian greys point of view. the author...
Drug Developer Gender Bias We Haven T 50 Shades Of Grey Cant Wait Point Of View

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