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Boehringer Ingelheim faces second hung jury in Chicago Zantac trial

UPDATE 1-Boehringer Ingelheim faces second hung jury in Chicago Zantac trial Hung jury in latest Zantac cancer trial in Chicago Boehringer Ingelheim only defendant after settlements with GSK, Pfizer FDA pulled Zantac in 2020 over NDMA carcinogen concerns Updates Sept 18 story with statement from Boehringer Ingelheim in paragraph 5 By Brendan Pierson Sept 18 (Reuters) - The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as j
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Boehringer Ingelheim faces second hung jury in Chicago Zantac trial

UPDATE 1-Boehringer Ingelheim faces second hung jury in Chicago Zantac trial Hung jury in latest Zantac cancer trial in Chicago Boehringer Ingelheim only defendant after settlements with GSK, Pfizer FDA pulled Zantac in 2020 over NDMA carcinogen concerns Updates Sept 18 story with statement from Boehringer Ingelheim in paragraph 5 By Brendan Pierson Sept 18 (Reuters) - The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as j
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A second Zantac cancer trial ends with hung jury

A second Zantac cancer trial ends with hung jury Hung jury in latest Zantac cancer trial in Chicago Boehringer Ingelheim only defendant after settlements with GSK, Pfizer FDA pulled Zantac in 2020 over NDMA carcinogen concerns By Brendan Pierson Sept 18 (Reuters) - The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as jurors in Chicago were unable to agree on whether Boehringer Ingelheim must pay damages to an Illinois man
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GSK settles two California lawsuits related to heartburn drug Zantac

UPDATE 1-GSK settles two California lawsuits related to heartburn drug Zantac Adds background and context Sept 18 (Reuters) - British drugmaker GSK GSK.L said on Wednesday it had agreed to settle two lawsuits in California that claimed its discontinued heartburn drug Zantac caused cancer. GSK does not admit to any liability in either settlement, it said in a statement.
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Novo says Ozempic 'very likely' to be on 2027 Medicare negotiation list, Bloomberg News reports

Novo says Ozempic 'very likely' to be on 2027 Medicare negotiation list, Bloomberg News reports Sept 17 (Reuters) - Danish drugmaker Novo Nordisk NOVOb.CO expects its diabetes drug Ozempic will "very likely" be on the U.S. government's 2027 list of price negotiations, Bloomberg News reported on Tuesday citing a company executive . Part of 2022's Inflation Reduction Act allows Medicare to negotiate prices for prescription drugs that had been particularly expensive for the federal health program w
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For global firms, India IPOs are a honey trap

RPT-BREAKINGVIEWS-For global firms, India IPOs are a honey trap The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Una Galani MUMBAI, Sept 17 (Reuters Breakingviews) - It rarely makes sense for a company to maintain more than one stock market listing. Tell that to the growing list of multinational firms rushing to float their local subsidiaries on Mumbai bourses.
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Evonik sees 1.5-bln-euro boost to sales by 2032 with new strategy

Evonik sees 1.5-bln-euro boost to sales by 2032 with new strategy Sept 17 (Reuters) - German chemicals group Evonik Industries EVKn.DE is targeting 1.5 billion euros ($1.67 billion) in additional sales by 2032 under a new innovation strategy, the company said on Tuesday. The strategy seeks to bundle a large proportion of Evonik's research and development activities in three new innovation growth areas, listed in a statement as bio-based solutions, the energy transition and the circular economy.
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For global firms, India IPOs are a honey trap

BREAKINGVIEWS-For global firms, India IPOs are a honey trap The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Una Galani MUMBAI, Sept 17 (Reuters Breakingviews) - It rarely makes sense for a company to maintain more than one stock market listing. Tell that to the growing list of multinational firms rushing to float their local subsidiaries on Mumbai bourses.
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Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say

EXCLUSIVE-Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say By Milana Vinn and Mike Spector NEW YORK, Sept 16 (Reuters) - Buyout firms Vista Equity Partners and Blackstone BX.N are in advanced talks to acquire Smartsheet SMAR.N , in a deal that could value the collaboration-software maker at close to $8 billion, people familiar with the matter said on Monday.
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U.S. STOCKS Charles Schwab, CACI International, Icahn Enterprises

BUZZ-U.S. STOCKS ON THE MOVE-Charles Schwab, CACI International, Icahn Enterprises Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Technology stocks weighed on the S&P 500 and the Nasdaq on Monday as caution set in ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep reduction in borrowing costs.
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U.S. STOCKS Bausch + Lomb, Alcoa, crypto stocks

BUZZ-U.S. STOCKS ON THE MOVE-Bausch + Lomb, Alcoa, crypto stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. stock indexes were set for a mixed open on Monday as caution set in on Wall Street ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep cut in borrowing costs.
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U.S. STOCKS Intel, Colgate-Palmolive, Zillow Group

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Colgate-Palmolive, Zillow Group Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were subdued on Monday as caution prevailed ahead of the Federal Reserve's pivotal monetary policy decision later in the week, with investors pricing in a steep reduction in borrowing costs.
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Pfizer's mid-stage cancer drug data at ESMO 'intriguing', Guggenheim says

BUZZ-Pfizer's mid-stage cancer drug data at ESMO 'intriguing', Guggenheim says ** Brokerage Guggenheim notes mid-stage data for Pfizer's PFE.N ponsegromab in cancer cachexia to be "intriguing"; says could lead to increased investor interest ahead of mid-stage data in heart failure expected next year ** PFE at the European Society for Medical Oncolo
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Pfizer Presents Positive Data From Phase 2 Study Of Ponsegromab In Patients With Cancer Cachexia

BRIEF-Pfizer Presents Positive Data From Phase 2 Study Of Ponsegromab In Patients With Cancer Cachexia Sept 14 (Reuters) - Pfizer Inc PFE.N : PFIZER PRESENTS POSITIVE DATA FROM PHASE 2 STUDY OF PONSEGROMAB IN PATIENTS WITH CANCER CACHEXIA PFIZER - STUDY MET PRIMARY ENDPOINT OF CHANGE FROM BASELINE IN BODY WEIGHT FOR PONSEGROMAB COMPARED TO PLACEBO
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Pfizer pushing BRAF lung cancer mutation testing to grow market for Braftovi

Pfizer pushing BRAF lung cancer mutation testing to grow market for Braftovi By Michael Erman NEW YORK, Sept 14 (Reuters) - Pfizer PFE.N is trying to increase doctor awareness of and testing for a rare lung cancer mutation to help boost use of its drug Braftovi, which the pharmaceutical maker anticipates could grow to become the standard of care. The company presented three-year follow-up data from a Phase 2 study on Saturday looking at patients with BRAF V600E-mutant metastatic non-small cell l
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US FDA approves Eli Lilly's drug for eczema

UPDATE 2-US FDA approves Eli Lilly's drug for eczema Adds details on disease in paragraph 3, patient population in paragraph 6, other treatments in paragraphs 7-8, details on drug in paragraphs 8-9 Sept 13 (Reuters) - Eli Lilly LLY.N said on Friday the U.S. Food and Drug Administration approved its eczema drug for use in adults and children above 12 years old.
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Roche shares knocked by concern over side effects in obesity pill trial

UPDATE 1-Roche shares knocked by concern over side effects in obesity pill trial Roche shares fall 3.5% Early study trial showed high rate of temporary side effects JP Morgan analysts say heart rate increase is as a concern Roche plans slower ramp-up of pill dose in next trial Updates share price in paragraph 2, further details on side effects in pill trial in paragraphs 6 and 8 FRANKFURT, Sept 12 (Reuters) - Shares in Roche ROG.S dropped to a two-month low on Thursday after an experimental weig
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Antifungal drug developer F2G raises $100 mln to fight 'superbugs', fund late-stage trial

Antifungal drug developer F2G raises $100 mln to fight 'superbugs', fund late-stage trial By Kashish Tandon Sept 12 (Reuters) - F2G said on Thursday it has raised $100 million from investors including AMR Action Fund, backed by large drugmakers such as Johnson & Johnson and Pfizer, to help it develop treatments for infections caused by drug resistant "superbugs" or microbes.
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Moderna forecasts lower sales next year, shares slide to four-year low

UPDATE 4-Moderna forecasts lower sales next year, shares near four-year low Adds executive comment in paragraph 7 By Patrick Wingrove Sept 12 (Reuters) - Moderna MRNA.O pushed back its break-even goal by two years on Thursday as it delayed the timeline for developing several key products and predicted 2025 sales below its forecast for the current year, sending its shares closer to a four-year low.
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Moderna expects up to $3.5 billion in 2025 sales

Moderna expects up to $3.5 billion in 2025 sales By Patrick Wingrove Sept 12 (Reuters) - Moderna MRNA.O on Thursday said it expects sales of between $2.5 billion and $3.5 billion next year, and forecast that new product launches would drive an average annual growth rate of 25% in revenue between 2026 and 2028. The vaccine maker last month projected sales of $3 billion and $3.5 billion for this year, which will be its lowest annual revenue since Moderna launched its COVID-19 vaccine in late 2020
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