Tag: Novartis
Why fund managers rely on Europe
Stock exchange Euronext in Paris The Stoxx Europe 600 has clearly overtaken the S&P 500 since September. (Photo: Bloomberg) Frankfurt The Dax marked its highest level in twelve months on…
Credit Suisse posts its highest loss since the financial crisis
Zurich, Frankfurt Credit Suisse boss Ulrich Körner is combative: “Our employees in asset management are completely convinced that they can retrieve all lost customer funds.” The bank has started a…
Credit Suisse posts its highest loss since the financial crisis
CreditSuisse The Swiss bank has made a significant loss because of its corporate restructuring. (Photo: Reuters) Zurich, Frankfurt In 2022, the major Swiss bank Credit Suisse, which was plagued by…
Restructuring of the pharmaceutical division squeezes profits
Novartis Campus in Basel Restructuring costs depress the profit of the Swiss pharmaceutical company. (Photo: AFP) Frankfurt, Zurich Costs for the restructuring of the pharmaceutical division caused the profit of…
Hype or Lifesaver? Artificial intelligence is set to revolutionize drug searches
Frankfurt After the IT industry, the pharmaceutical industry is now also increasing its investments in artificial intelligence (AI). This is shown by a number of takeovers and alliances completed in…
Undercover biotech star expands into cell therapy
Frankfurt Novel cell and gene therapies have been causing a sensation in medicine for several years. German pharmaceutical companies do not yet play a major role here. But a biotech…
Undercover biotech star expands into cell therapy
Frankfurt Novel cell and gene therapies have been causing a sensation in medicine for several years. German pharmaceutical companies do not yet play a major role here. But a biotech…
After the Corona boom, the pharmaceutical industry is facing a dip in growth
Frankfurt In the past two years, the corona pandemic has given the pharmaceutical industry the strongest sales boost in decades. But the boom is abating and the industry will have…
Dax closes boosted by US jobs data – relaxation in the yield curve on the bond market
Dusseldorf The robust US labor market is causing unexpected price gains on the German stock market. After a weak start to trading, the leading index Dax was up around one…
Curevac is trying to restart staff
Curevac boss Franz-Werner Haas in August 2020 on the video facade of the Nasdaq in Times Square The company’s share price has plummeted since its IPO. (Photo: dpa) Frankfurt At…
Curevac is trying to restart staff
Curevac boss Franz-Werner Haas in August 2020 on the video facade of the Nasdaq in Times Square The company’s share price has plummeted since its IPO. (Photo: dpa) Frankfurt At…
Novartis drug against prostate cancer shortly before approval
Frankfurt In Europe, a novel drug against prostate cancer is about to be approved. The drug Pluvicto from the Basel-based pharmaceutical company Novartis promises improved therapy and longer survival times,…
Dax extends consolidation – which brands are now offering support
Dusseldorf The Dax expands its consolidation. The leading German index closes about 0.6 percent lower at 14,261 points. Both in the course of trading on Wednesday and on Tuesday, the…
Dax extends consolidation – which brands are now offering support
Dusseldorf The Dax expands its consolidation. Because for Jochen Stanzl from the online broker CMC Markets, “the reason that many have been looking for to take profits after the strong…
With antibodies to better cancer therapies
Biotech against tumors With the active ingredient in Catalym, cancer therapies should have a better impact. Frankfurt The biotech company Catalym from Martinsried near Munich has raised a total of…
Teva, Sandoz and Co: Generics industry sees growing supply bottlenecks
Frankfurt The industry association Pro Generika fears that manufacturers of imitation drugs (generics) will have to withdraw from the production of more and more drugs in the future because it…
Novartis focuses pharmaceutical business on USA
Frankfurt The Swiss pharmaceutical company Novartis intends to concentrate fully on the business with innovative medicines with the spin-off of the generic medicine division Sandoz next year. In the future,…
Sectors for the downturn and subsequent upswing
Meta (left), Amazon (middle) and Apple Are tech stocks attractive to investors again? (Photo: Reuters, AP (2)) Dusseldorf BMW, Mercedes and VW have lost more than ten percent since the…
Sectors for the downturn and subsequent upswing
Meta (left), Amazon (middle) and Apple Are tech stocks attractive to investors again? (Photo: Reuters, AP (2)) Dusseldorf BMW, Mercedes and VW have lost more than ten percent since the…
These are the winners of the Health-i Awards
Award Winner Endo Health Prof. Dr. Nadine Rohloff, medical director of Endo-Health, presents the start-up at the Health-i event in Berlin. (Photo: Dominik Butzmann) Berlin There is no shortage of…