Business news – Page 58
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BusinessDuPont settles fluorinated chemical lawsuits
DuPont and spinoff Chemours will pay more than $670m to settle around 3500 personal injury claims relating to PFOA exposure
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BusinessAllergan to buy fat-freezing firm Zeltiq
$2.5bn deal adds to firm’s cosmetic and aesthetic treatments
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BusinessDaiichi Sankyo to close R&D sites in India and Japan
Closures are part of an ongoing reorganisation aimed at increasing productivity
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BusinessUS biotech leaders protest immigration ban
Donald Trump’s suspended order would endanger America’s biotech industry if re-instated
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BusinessFatal liquid nitrogen release at US sperm bank
Workplace safety agency to probe death of deputy sheriff after apparent asphyxiation at Xytex in Augusta
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CareersHold SME back: threats to small business growth
Finding staff is now the leading barrier to growth for UK SMEs
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BusinessSabic takes control of Shell petrochemicals joint venture
$820m sale of Saudi Arabian plants continues Shell’s global reorganisation programme
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OpinionHow much is your chief executive worth?
The executive pay and equality debate is here to stay
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BusinessLilly buys CoLucid for migraine drugs
US firm also laying off 485 sales staff after Alzheimer’s drug failure
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BusinessMerck & Co settles cancer antibody patent dispute
US firm will pay Bristol-Myers Squibb and Ono $625m plus royalties on future sales of immunotherapy
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BusinessTeva hit with fines and patent loss
Double whammy as firm settles subsidiary pay-for-delay suit and courts invalidate patents on multiple sclerosis drug
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BusinessJ&J to buy Actelion for $30bn
Actelion’s R&D will spin out as a new company, while Janssen will take on in-market and late-stage medicines
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BusinessBiogen pays $1.25bn to protect multiple sclerosis drug sales
Agreement with Forward Pharma gives Biogen license to keep selling blockbuster Tecfidera
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OpinionDrug regulation is a burden worth bearing
Calls to break down regulatory barriers show a misunderstanding of the industry
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PodcastAdamantane
Brian Clegg introduces a crystalline hydrocarbon that isn’t as tough as it sounds, but is the basis of a wide range of medicines
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NewsTrump’s health secretary faces conflict of interest allegations
Tom Price accused of abusing his office to favour companies in which he invested
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Business
Novartis on winter deal spree
Swiss company aims to re-stock drug pipeline with three new deals in skin, eye and cardiovascular health
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BusinessOpening doors to innovation
Chemical companies are increasingly using specialist investment arms to nurture new ideas
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ResearchDrug binding simulations promise to get personal
Fast, reliable new molecular dynamic simulation methods set to speed up research are under investigation by GSK
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BusinessUS Supreme Court denies Dow tax appeal
Request to reconsider $1bn tax deduction dismissed and penalties upheld