Bayer announced that it will acquire KaNDy Therapeutics Ltd, a UK clinical-stage biotech company, to expand its drug development pipeline in women’s healthcare. Bayer will pay $425mn upfront and potential milestone payments of up to $450mn.
The German health group said it was buying U.S. peer Varian in a $16.4 billion deal that seeks to create the global leader in cancer care solutions. Healthineers said it plans to raise roughly 7.5 billion euros in equity to finance the deal, with the remainder coming from debt that parent Siemens will provide.
Perrigo a leading global provider of Quality, Affordable Self-Care Products, today announced that it will acquire three Eastern European OTC skincare and hair loss treatment brands (Emolium, Iwostin and Loxon) from Sanofi
Medtronic the global leader in medical technology, announced the planned acquisition of privately-held Companion Medical, manufacturer of InPen — the only U.S. FDA-cleared smart insulin pen system paired with an integrated diabetes management app on the market.
Ibnsina Pharma (ISPH) is studying “a number” of potential investments and is closing in on signing non-binding offers for the purchase of minority stakes through its newly-established special purpose vehicle (SPV).
German biotech company CureVac said Qatar Investment Authority (QIA) has taken an undisclosed stake in the firm as part of a $126 million financing round, the latest high-profile investor to come onboard ahead of a potential stock market listing.
Britain has agreed a multi-million pound joint investment with French speciality vaccines company Valneva to upgrade a manufacturing facility and increase production capacity for a possible COVID-19 vaccine. The government did not disclose the exact size of the investment
The World Health Organization (WHO) and the Africa CDC launched an expert advisory committee/panel to provide independent scientific advice and support to countries on the safety, efficacy and quality of traditional medicine therapies.
Amref Health Africa, with support from Mastercard Foundation will implement a one-year programme to train 33,104 healthcare providers and 31,280 frontline community health volunteers to identify, treat, and manage COVID-19 cases.
Africa Medical Supplies Platform (AMSP), a nonprofit initiative launched by the African Union as response to the COVID-19 pandemic, says it has secured the cooperation of the Bill and Melinda Gates Foundation in its initiative to secure the supply of Dexamethasone.
Egypt’s Health Ministry announced it has begun preparing to manufacture a coronavirus vaccine once proven to be effective in trials, in cooperation with the Chinese government.
Kuwait has secured an agreement with the Global Alliance for Vaccines and Immunization (GAVI) to provide the country with an enough COVID-19 vaccine for 800,000 people once available
The Egyptian Drug Authority (EDA) has approved requests from 61 local drug companies looking to manufacture Favipiravir to treat the novel coronavirus (COVID-19). The authority has also approved applications submitted by 27 Egyptian drug companies for registering Remdesivir drug in Egypt.
President Vladimir Putin said that Russia had become the first country in the world to grant regulatory approval to a Covid-19 vaccine after less than two months of human testing. The WHO and Russian health authorities are discussing the process for possible WHO pre-qualification for the vaccine
Pretomanid, a novel compound developed by the non-profit organization TB Alliance, has been granted a conditional marketing authorisation by the EC for treating highly drug-resistant forms of pulmonary tuberculosis (TB).
The Ministry of Health and Prevention (MoHAP) has announced it will be hosting the world’s first Phase III clinical trials of an inactivated vaccine to combat COVID-19, which was developed by Abu Dhabi-based G42 Healthcare and Sinopharm CNBG, the world’s sixth largest vaccine manufacturer.
The Ministry of Health announced the implementation of phase III efficacy trials of a vaccine against the coronavirus in Saudi Arabia. The trials will be conducted within the framework of the cooperation agreement between the Kingdom and China that includes the implementation of clinical trials.
The Uganda Virus Research Institute (UVRI) is partnering with Imperial College London to start the first Covid-19 vaccine trial in the country by December.
The new five-year program, Harnessing Data Science for Health Discovery and Innovation in Africa (DS-I Africa), will leverage existing data and technologies to develop solutions for the continent’s most pressing clinical and public health problems.
UNICEF and the telehealth platform Alitibbi have announced a new partnership to provide 3,000 young people with access to real-time consultations with medical professionals at no cost.
When dealing with the COVID-19 crisis many people struggle to find the best sources of information. As a contribution to the business community, Infomineo has put together a repository of the best sources of information which we will keep updating during the COVID-19 crisis.
Before the COVID outbreak, Smart Mobility was a topic high in the agenda of governments and the related private sector. Now that the people are moving less and less due to the known safety concerns, is Smart Mobility a priority yet?
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