Drugmaker Novo Nordisk reaches market value of $500 million

[ad_1] Demand for obesity drugs has pushed Novo Nordisk’s share price to new highs. ADVERTISEMENT The rush on weight loss drugs has sent Danish drugmaker Novo Nordisk’s market value to…

Scientists discover first new antibiotics in over 60 years using AI

[ad_1] A new class of antibiotics for drug-resistant Staphylococcus aureus (MRSA) bacteria which was discovered using more transparent deep learning models. ADVERTISEMENT The use of artificial intelligence (AI) is proving…

Fujifilm Diosynth Biotechnologies Unveils Strategic Customer-Focused Business Structure

[ad_1] FUJIFILM Diosynth Biotechnologies, a contract development and manufacturing organization (CDMO) for biologics, vaccines, advanced therapies, and oncolytic viruses, disclosed a new strategic business unit (SBU) structure to provide tailored…

Denmark’s Novo Nordisk invests €2.1 billion in France

[ad_1] Danish pharmaceutical giant Novo Nordisk has announced major investment in a French production site to expand the capacity and manufacturing of its blockbuster anti-obesity drug. ADVERTISEMENT In a landmark…

Five hundred new jobs coming in Chartres, south of Paris

[ad_1] On Thursday, Danish pharmaceutical giant Novo Nordisk announced a major investment in a French production site to expand the capacity and manufacturing of a blockbuster anti-obesity drug. ADVERTISEMENT On…

AstraZeneca announces new anti-obesity drug deal and positive profit

[ad_1] AstraZeneca’s share price climbed on Thursday after it announced a multi-billion dollar deal with Chinese biopharmaceutical company Eccogene to produce a new anti-diabetes and obesity drug. ADVERTISEMENT In an…

Growing drugs shortage is leaving pharmacists and patients in the dark

[ad_1] Shortages of common older medicines are increasing. Experts say it’s in part because pharmaceutical companies are de-incentivised from producing them. ADVERTISEMENT At a pharmacy in eastern Paris, there’s a…

Denmark’s Novo Nordisk and South Africa’s Aspen to produce insulin for African patients

[ad_1] Last year, the World Health Organization estimated that there are 24 million adults living with diabetes in Africa, saying the number is expected to rise to 55 million by…

Denmark’s economy boosted by anti-obesity treatments

[ad_1] Over the first six months of the year, Danish GDP rose by 1.7% year-on-year, according to national statistics, but without the contribution of the pharmaceutical industry, it would have…

Bayer investor Artisan urges company split amid growing calls for reform

[ad_1] Bayer is facing a need for significant transformations, which involve the “de-merging” of two out of its three main business divisions, according to statements made by investor Artisan Partners…