Tag: US Food and Drug Administration
Schott Pharma is aiming for a valuation of 4.3 billion in its IPO
Frankfurt The Mainz-based glass packaging manufacturer Schott Pharma expects a valuation of 3.7 to 4.3 billion euros for its initial public offering (IPO) planned for the end of September. As…
Lilly drug clearly works in early-stage Alzheimer’s patients
US pharmaceutical company Eli Lilly The data underscores that earlier detection and diagnosis can really change the course of Alzheimer’s, said Anne White, Lilly’s board member, responsible for neuroscience. (Photo:…
Leqembi fully approved in the US for the first time
Frankfurt The US Food and Drug Administration (FDA) has granted full approval for the first time for a therapy that slows the progression of Alzheimer’s disease. This was announced by…
Is AI existentially dangerous or not?
Mr. Bostrom, Mr. Socher, ChatGPT moves the public, but also stirs up fears. You, Mr. Bostrom, already warned nine years ago in your book “Superintelligence” that AI could become more…
Musk’s brain implant company announces approval for human trial
neural link Elon Musk’s company is allowed to conduct studies on humans. (Photo: Reuters) The company Neuralink, founded by Elon Musk, has apparently received the green light from the US…
Potential billion-dollar drug beckons accelerated approval in the USA
Bayer pharmaceuticals site in Wuppertal The group needs high-revenue supplies in the drug business. (Photo: dpa) Dusseldorf Bayer AG has achieved another important success in the development of one of…
Ozempic, Wegovy, Mounjaro: Diet drugs create stock hype
Ozempic and Mounjaro The drugs for diabetics are also prescribed as a means to lose weight. (Photo: Reuters) Frankfurt Lose weight without starvation diets or exercise? This is probably a…
The good years are over for Merck
Merck in the balance sheet check In 2022, Merck generated sales of more than 20 billion euros for the first time. (Photo: dpa [M]) Frankfurt The Darmstadt-based Merck Group is…
mRNA vaccine significantly reduces risk of skin cancer recurrence
Frankfurt Vaccines based on mRNA brought the breakthrough in the fight against the corona pandemic. Now the technology is also intended to decisively advance cancer therapy. Promising data are now…
Inflarx’s Covid drug approved in the US – stock rises sharply
Niels Riedemann The founder and CEO of Inflarx sees hope in the drug for seriously ill Covid patients. (Photo: InflaRx) Frankfurt An approval success that many investors no longer expected…
Biontech decides billion dollar deal for new cancer drugs
Biontech Just two weeks after the multi-million dollar deal with the US cancer specialist OncoC4, the Mainz-based company agreed on another partnership. (Photo: dpa) Frankfurt Biontech is stepping on the…
Diabetes drug ensures Boehringer’s growth leap
Frankfurt Strong growth in the diabetes drug Jardiance and positive currency effects brought the pharmaceutical company Boehringer Ingelheim 2022 the largest increase in sales in a good two decades. For…
Healing cancer with immune cells – the miracle therapy becomes possible for everyone
Frankfurt Emily Whitehead has celebrated her birthday twice a year for the past ten years. Once for the anniversary of her birth and once because she is another year cancer…
Biontech secures new cancer drug with deal worth millions
Biontech founder Ugur Sahin The company is currently also growing through acquisitions. (Photo: imago images/photothek) Frankfurt With one of its largest deals to date, Biontech is expanding its product development…
Start-up Mirai Foods breeds fillet of beef in a bioreactor
Beef from the bioreactor Mirai Foods grew an arm-thick center piece of tenderloin in 25 days. So far, competitors have only been able to get thin steaks out of the…
Netflix gives US stocks a boost – Wall Street closes in positive territory
new York Strong numbers from Netflix put investors on Wall Street in a buying mood on Friday. The Dow Jones index of standard values closed one percent higher at 33,375…
FDA grants preliminary approval for new Alzheimer’s drug
Frankfurt On Friday evening, the American drug agency FDA granted preliminary approval for the new Alzheimer’s drug lecanemab, thereby raising hopes for further progress in the fight against dementia. The…
Biotech stocks are interesting for investors
Blood cancer cells and immunoglobins The biotech company Amgen develops therapies against cancer. In late August, Amgen’s stock rose 7 percent after it acquired another biotech company. (Photo: obs) Cologne…
Hope for better therapies for seriously ill Covid patients
CEO Niels Riedemann According to Inflarx boss and founder Niels Riedemann, previous talks with the US authorities were very encouraging. (Photo: InflaRx) Frankfurt With two new developments from the biotech…
Who should get vaccinated with the new Omicron vaccines?
Covid vaccine doses The manufacturer Moderna should initially deliver 1.65 million doses of BA.1 vaccine in the first week and 2.38 million doses in the second week. (Photo: IMAGO/Sylvio Dittrich)…