AstraZeneca’s battle against cancer knocks on door of EU with three new drugs November 14, 2022 AstraZeneca, the pharmaceutical giant behind one of the world’s first Covid-19 vaccines, has had three new cancer drugs recommended for approval in the European Union. The FTSE 100 pharma firm said its drug Imfinzi – for uses against biliary tract cancer alongside chemotherapy, gastric cancer medicine Enhertu and prostate cancer treatment Lynparza, in combination with [...]
US pharma giants to merge under $145m deal to tackle opioid overdose epidemic November 14, 2022 Indivior, a US pharmaceutical heavyweight, has bought addiction and overdose treatment competitor Opiant Pharmaceuticals for $145m (£123m) The FTSE 250 pharma firm is coughing up some $20.00 per share in cash upfront, Indivior said in a statement today. Plus, a further $8.00 a piece should revenue milestones be achieved over the next seven years. Both [...]
Roche shares dip as hope for long-awaited Alzheimer’s drug quickly fades November 14, 2022 Shares in Swiss pharmaceutical giant dipped today after disappointing results from its late-stage Alzheimer’s drug. The drug, known as Gantenerumab, was seen as a high-risk but high-reward drug, according to Sebastian Skeet, senior healthcare analyst at investment research firm Third Bridge. However, the treatment failed to slow the progression of dementia across two ongoing trials. [...]
Home working with poor broadband costs UK £60bn per year November 14, 2022 Working from home with a poor broadband connection is costing the UK’s economy £60bn per year, according to a recent research. Figures from software company Actual Experience showed that technical issues with broadband – including delays and call dropouts – have led to an average loss of £1,000 per worker. IT issues created problems especially [...]
Twitter’s blue tick ‘probably’ coming back next week as fake accounts boom November 13, 2022 Twitter’s $8 (£6.99) blue tick feature will “probably” come back at the end of next week, according to chief executive Elon Musk. The serial entrepreneur announced the decision earlier today after being asked about it by Paul Jamil, chief executive of SEO platform Whatsmyserp. Twitter – which announced the paid feature’s introduction days after Musk’s [...]
Exclusive: Closing the gap between stakeholder expectations and corporate behaviour November 13, 2022 City PM revealed two weeks ago that six firms agreed to merge into a new stakeholder solutions entity that is backed by Falfurrias Capital Partners. The relatively unusual merger, given that six separate firms managed to reach a merger deal, involved Ballast Research, Hamilton Place Strategies, Flag Media Analytics, alva, Gotham Research Group, and Decode_M. The [...]
Deep dive with DreamWorks’ former CTO: ‘Forget social media, the Metaverse tracks people much more intimately’ November 12, 2022 The novel Snow Crash has had the privilege of coining a term that would later become one of the most important words of the 21st century: metaverse. Google search trend data for the term shows an explosion from relative obscurity with a search volume score of 4/100 in early October 2021, to an all-time global high by search [...]
Help someone drive safe this winter with a premium dash cam November 11, 2022 | Sponsored Nextbase’s award-winning dash cams could be the perfect — and most responsible — gift this Christmas. The cameras serve as a guardian on the road and drivers could save up to 30% on their insurance just by having one installed. This helps support them from false liability claims, while protecting their no claims bonus. The [...]
The Inaugural Peer2Peer Finance Awards! November 11, 2022 | Sponsored The inaugural Peer2Peer Finance Awards take place on Tuesday 6 December 2022 at the Hurlingham Club in London, commemorating the best platforms, individuals and service providers in the peer-to-peer lending sector. The awards are being held by Peer2Peer Finance News magazine, the UK’s only title dedicated by the peer-to-peer lending industry. Here’s what you need [...]
Exclusive: Expedia doubles down on London as it hunts for 120 new tech brains in the capital November 10, 2022 Travel tech firm Expedia Group is planning to expand its UK operations by recruiting candidates for around 120 predominantly tech-focused roles at its London base as the travel industry rebound continues, City PM can reveal. London is one of the group’s tech hubs outside the US, with close to half of all employees in the [...]
