What s happening?
It was hardly surprising that with a pandemic causing mayhem, anything and everything was pushed aside to make sure that we managed our way out of the crisis.
And so we are now beginning to see that waiting lists for other, vital treatments have become long and worrisome.
The direct effect of this was that any business involved in those delayed actions was going to suffer, and the pharmaceuticals world was no exception.
Looking ahead: Back in 2019 Clinigen purchased the exclusive rights for Proleukin, a well-regarded kidney cancer drug
Why Does It Matter?
I regard pharmaceutical development as a mug s game unless you happen to be someone like Beaker, Dr Bunsen Honeydew s assistant out of The Muppets.
Bitcoin could lose another third of its value having almost halved over the past two months, according to one of the world s biggest banks.
Analysts at JPMorgan – led by Wall Street titan Jamie Dimon – believe the crypto-currency could fall as low as $23,000.
In freefall?: Analysts at JPMorgan – led by Wall Street titan Jamie Dimon (pictured with wife Judith) – believe the crypto-currency could fall as low as $23,000
Bitcoin was trading at around $35,000 last night having peaked close to $65,000 in April.
It fell below $29,000 earlier this week. Dimon has long been sceptical about Bitcoin and in 2017 described the crypto-currency as a fraud , adding: It s worse than tulip bulbs. It won t end well. Someone is going to get killed.
Antonio Horta-Osorio is plotting an overhaul of scandal-hit Credit Suisse that could see it merge with arch-rival UBS.
The 57-year-old Portuguese took over as chairman at the Swiss giant in April after a decade as chief executive of British High Street lender Lloyds.
He is under huge pressure to turn the Zurich-based bank around following a string of crises including the heavy losses it suffered in the collapse of hedge fund Archegos this year.
Under pressure: Antonio Horta-Osorio took over as chairman at the Swiss giant in April after a decade as chief executive of British High Street lender Lloyds
The electrical goods seller which is changing name to Currys in October is expected to post £151m in profits and a doubling of online sales to around £4.5 billion for the past year.
Not only has the approach fuelled the controversy over private equity takeovers, it has also caused a reappraisal of the value of Morrisons, Marks & Spencer, Sainsbury s and Tesco.