20 September 2017

Healthcare & Biotech

  • Bill Gates hopes proposed cuts in US government funding for global health and development will not be approved. Photo: Bloomberg

    Bill Gates: Progress in fighting global poverty, disease at risk

    Sep 14, 2017 9:03am
    Proposed US budget cuts could put in jeopardy great progress in reducing global poverty and disease and lead to 5 million more deaths from AIDS alone, the philanthropist Bill Gates warned. Gates, whose Bill and Melinda...
  • Drinks industry groups often present the relationship between alcohol and cancer as highly complex, implying there is no clear evidence of a consistent link, according to the study. Photo: Bloomberg

    Drinks industry distorting alcohol cancer risk, study says

    Sep 11, 2017 8:35am
    The alcohol industry uses denial, distortion and distraction to mislead people about the risks of developing cancer from drinking, often employing similar tactics to those of the tobacco industry, according to a study. Drinks industry organizations...
  • McDonald's is requiring suppliers of chicken meat to begin phasing out the use of antibiotics defined as "highest priority critically important antimicrobials" to human medicine. Photo: Reuters

    McDonald’s to cut global antibiotic use in chickens

    Aug 25, 2017 8:34am
    McDonald’s Corp. said it will begin curbing the use of the high value human antibiotics in its global chicken supply in 2018, as the fast-food giant joins a broad effort to battle dangerous superbugs. McDonald’s, in...
  • PepsiCo has set a target that by 2025 at least two-thirds of its drinks will have 100 calories or fewer from added sugar per 12 oz serving, up from about 40 percent. Photo: Bloomberg

    In health push, Singapore gets soda makers to cut sugar content

    Aug 22, 2017 8:51am
    Singapore’s prime minister has urged people to drink water, eat wholemeal bread and choose brown rice over white in a health push that began with an agreement from soda makers to reduce the sugar content in...
  • WebMD ran a five-month auction and solicited bids from more than 100 companies and private equity firms. Photo: Bloomberg

    KKR nears deal to acquire WebMD

    Jul 24, 2017 8:14am
    Private equity firm KKR & Co LLP  is nearing an all-cash deal to acquire WebMD Health Corp, a U.S. online health publisher with a market capitalization of US$2.1 billion, Reuters reports, citing people familiar with the...
  • Dow Chemical is selling the assets to meet conditions set by US regulators for its US$130 billion merger with DuPont. Photo: Bloomberg

    CITIC fund buys Dow corn seed assets for US$1.1 billion

    Jul 12, 2017 4:09pm
    A Chinese fund part-owned by congolomerate CITIC Ltd. has paid US$1.1 billion for some of Dow Chemical Co.’s corn seed business in Brazil, in a further sign of China’s fast-expanding role in the global seed sector....
  • Xiaomi founder Lei Jun is known for his warm personality and willingness to listen to others. Photo:

    Character lessons from Xiaomi’s Lei Jun

    - Jul 10, 2017 10:21am
    Unlike many founders of internet companies who have strong personalities, Xiaomi’s Lei Jun has been known for his mellow character. It is said that Lei has never yelled at his staff. When he encounters a problem,...
  • Henry Cai's AGIC Capital will acquire The Ritedose Corporation from US private equity firm Olympus Partners in a deal worth between US$600 million and US$800 million, including debt. Photo: HKEJ

    AGIC Capital to buy pharmaceutical firm Ritedose in US push

    Jun 26, 2017 4:02pm
    A Hong Kong-based private equity fund is making its first acquisition in the United States. AGIC Capital, a US$1 billion fund co-founded in 2015 by veteran China banker Henry Cai, said it will acquire The Ritedose...
  • Opioid drugs, including prescription painkillers and heroin, killed more than 33,000 people in the United States in 2015. Photo: Internet

    Ohio sues five drug companies over opioid addiction

    Jun 1, 2017 8:31am
    The US state of Ohio sued five major drug manufacturers, accusing them of misrepresenting the risks of prescription opioid painkillers that have fueled a sky-rocketing drug addiction epidemic. The suit, filed by Attorney General Mike DeWine,...
  • The WHO recommends that antiretroviral therapy be given as soon as possible after diagnosis to everyone with HIV. Photo: Internet

    New AIDS drugs add 10 years to patients’ life expectancy

    May 11, 2017 8:46am
    Life expectancy for young HIV-positive adults has risen by 10 years in the United States and Europe thanks to improvements in AIDS drugs known as antiretroviral therapy, Reuters reports, citing a study published in The Lancet medical...
  • Rising use of long-lasting insecticide-treated nets (LLINs) has helped reduce malaria cases in Senegal. Nearly 86 percent of the population now use LLINs. Photo: Reuters.

    Finishing off malaria

    - Apr 10, 2017 11:15am
    Malaria has long been one of the major killer diseases of our age. World Health Organization data show that as much as half of the world’s population is at risk. But roughly 90 percent of malaria...
  • The key question now is whether Donald Trump will be able to move forward on other items on the Republicans’ economic agenda. Photo: Bloomberg

    Lessons from Trump’s healthcare debacle

    - Apr 3, 2017 4:38pm
    US President Donald Trump’s domestic economic agenda suffered a major setback last week, when the House Republican leadership decided to withdraw their hastily drafted bill to repeal and replace the Affordable Care Act (ACA or Obamacare)....
  • A man prepares a cigarette mixed with marijuana at Cannatech 2017, an annual global cannabis industry event, in Tel Aviv, Israel, on Monday. Photo: Reuters

    Israel sees tech edge in US$50 bln medical marijuana market

    Mar 24, 2017 8:34am
    Israel, a leader in marijuana research and health technology, is attracting international investment as it tries to position itself as a cutting-edge exporter in the rapidly-growing market for medical-grade cannabis. With estimates that the global market...
  • Bayer is expected to potentially divest soybean, cotton and canola seed assets as well as LibertyLink-branded crops. Photo: Reuters

    Bayer, Monsanto begin asset sale to get merger clearance

    Mar 10, 2017 8:10am
    German drug and crop chemical maker Bayer and US seeds company Monsanto are launching asset sales worth roughly US$2.5 billion as they seek regulatory clearance for their US$66 billion merger, Reuters reports, citing people close to...
  • Drug-resistant bacteria, such as Staphylococcus aureus, have become a global health threat. Photo: NIAID

    WHO: New drugs urgently needed to fight 12 ‘priority pathogens’

    Feb 28, 2017 10:59am
    New antibiotics must be developed urgently to fight a dozen dangerous families of bacteria, the World Health Organization said, describing these “priority pathogens” as the greatest threats to human health. Many of these bacteria have already...
  • A Federal judge has ruled against Aetna's acquisition of Humana on Jan. 23. Photo: Bloomberg

    Aetna, Humana drop merger; Cigna wants to end Anthem deal

    Feb 15, 2017 8:01am
    Health insurers Aetna Inc. and Humana Inc. walked away from their US$34 billion merger while Cigna Corp. sought to end its deal with Anthem, shelving the industry consolidation they charted to address former US President Barack...
  • Fortacin treats premature ejaculation, one of the most common male sexual problems with prevalence higher than erectile dysfunction. Photo:

    How long can Regent sustain its share price rally?

    - Nov 25, 2016 6:02pm
    Small-cap mining stock Regent Pacific Group (00575.HK) acquired British pharmaceutical firm Plethora Solutions Holdings in November last year. Earlier this month the UK firm launched a drug that treats premature ejaculation, driving up its share price...
  • The deal has the potential to boost Novartis's blood disease portfolio in an area where new treatments could command high prices. Photo: Reuters

    Novartis buys US blood disease drugmaker in US$665 mln deal

    Nov 22, 2016 8:40am
    Novartis is buying US-based Selexys Pharmaceuticals in a deal worth up to US$665 million, expanding its pipeline of medicines to combat blood diseases. Novartis, which last week was reported to be in talks with US generics...
  • Palatin Technologies Inc., which makes drugs for women with low sex drive, has received offers regarding a sale or licensing deals. Photo: Fortune

    Female Viagra maker explores potential sale

    Nov 3, 2016 8:15am
    Palatin Technologies Inc., which is looking to dethrone Addyi as the primary drug treatment for women with low sex drive, has hired an investment bank to explore a sale or licensing deal. Cranbury, New Jersey-based Palatin...
  • Blockchain is a data structure that enables storage of data among a distributed network of computers. Photo:

    Unleashing the potential of blockchain

    - Nov 1, 2016 2:37pm
    Many ancient civilizations dedicated significant effort in registering the tax-paying portion of their populations to ensure income and sustain various social functions. The census can be deemed the mother of public data. The Ancient Roman Republic...

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