FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016. Mike Blake | Reuters UnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs and…
The world’s biggest grower of cereal grains – staple foods that comprise the most ubiquitous crops – is looking to further solidify its self-reliance in agricultural science and technology through 2028, according to a newly unveiled strategic plan. China’s Ministry of Agriculture and Rural Affairs has outlined 10 critically important areas to prioritise while keeping…
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https://www.tipranks.com/news/the-fly/china-medical-system-enters-collaboration-agreement-with-mabgeek-biotechnology China Medical System (CHSYF) entered into a Collaboration Agreement with Hunan Mabgeek Biotechnology and its subsidiary for Class 1 innovative drug anti-IL-4Ralpha humanized monoclonal antibody injection MG-K10. The Group has obtained the co-development right as specifically agreed upon in the Agreement and exclusive commercialization right to the Product in Mainland China, Hong Kong Special…
On Wednesday the U.S. Department of Commerce announced it would implement new export controls on certain biotechnology equipment, citing national security concerns relating to artificial intelligence and data science. The Commerce Department warned that China could use the biotech equipment’s technology to bolster its military capabilities and help design new weapons using artificial intelligence. The…
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Shares of Danish pharmaceutical giant Novo Nordisk plummeted roughly 20% on Friday after reporting results in a late-stage trial for its experimental CagriSema weight loss drug that missed expectations. The maker of the wildly popular Wegovy obesity…
A banner hanging from on overpass along the southbound lane of I-83 that says, “Deny Defend Depose Health Care 4 All.” Lloyd Fox | Baltimore Sun | Tribune News Service | Getty Images Major insurance stocks have fallen more than 6% since their closing prices last Tuesday, the day before the deadly shooting of Brian…
The first US presidency of Donald Trump coincided with a rapid growth in China’s ability to transfer its emerging technologies between military and civilian use, according to a study by Chinese researchers. The project team led by Tian Qingfeng of the school of management at Northwestern Polytechnical University (NWPU) draws a line between US sanctions…
2 By Alexander Jones, International Banker “China and the United States have effectively switched places as the overwhelming leader in research in just two decades.” That’s the brutally honest assessment delivered by the Australian Strategic Policy Institute (ASPI) shortly after publishing its Critical Technology Tracker on August 28—an assessment that highlights just how far…
AstraZeneca’s China president is under investigation in mainland China, the drug company said on Wednesday. Leon Wang was described as cooperating “with an ongoing investigation”, the pharmaceutical and biotechnology company said in a statement. “Our China operations continue under the leadership of the current general manager of AstraZeneca China,” the British-Swedish company added. The company…