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Tag: Germany

BioNTech’s MPOX vaccine development gets financial boost of up to US$90 million

20 September 202320 September 2023

GERMANY — Germany’s pioneering biopharmaceutical company, BioNTech, has embarked on a transformative journey in the realm of infectious disease prevention, partnering with the Coalition for Epidemic Preparedness Innovations (CEPI). This…

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Bayer’s new CEO sets sights on radical change to boost stock performance

17 September 202317 September 2023

GERMANY —Bayer’s newly appointed CEO, Bill Anderson, is planning a strategic overhaul that begins with trimming down management positions to expedite decision-making in a bold move aimed at rejuvenating the…

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Revolutionary cell therapy shows promise in Parkinson’s disease treatment

4 September 20234 September 2023

GERMANY — A groundbreaking cell therapy designed to combat Parkinson’s disease has achieved promising results in an early-stage clinical trial, as announced by its developer, Bluerock Therapeutics. The therapy, known…

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Siemens Healthineers faces cybersecurity challenge as LockBit ransomware group targets subsidiary

27 August 202327 August 2023

GERMANY — Siemens Healthineers, a key player in healthcare technology, is confronting a potential data breach as the LockBit ransomware group alleges an attack on one of its subsidiaries. The…

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Bayer appoints Dr. Juergen Eckhardt as head of business development & licensing, leading a strategic push for external growth

24 August 202324 August 2023

GERMANY —In a strategic move poised to reshape the trajectory of its Pharmaceuticals Division, Bayer has named Dr. Juergen Eckhardt as the new Head of Business Development & Licensing /…

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Boehringer Ingelheim ventures into late-stage trials for innovative GLP-1-based drug

18 August 202318 August 2023

GERMANY — Boehringer Ingelheim, a pioneering pharmaceutical force, is intensifying its pursuit of an obesity drug contender, ready to challenge Novo Nordisk and Eli Lilly’s GLP-1 therapies. The company recently…

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Germany’s government approves ‘controlled’ cannabis usage for recreational purpose

17 August 202317 August 2023

GERMANY — Germany’s cabinet has ignited a heated debate by passing a landmark bill that paves the way for legalizing recreational marijuana use and cultivation. If approved by parliament, this…

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Bayer’s turbulent path sees pharma sales slump drive earnings cut

10 August 202310 August 2023

GERMANY — Bayer, the prominent German pharmaceutical and pesticides manufacturer has revealed that its downward revision of this year’s earnings forecast was primarily influenced by a less optimistic outlook in…

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Fresenius Kabi breaks new ground with EMA’s backing for its game-changing Tocilizumab biosimilar

24 July 202324 July 2023

GERMANY —Fresenius Kabi, a renowned global healthcare company specializing in biopharmaceuticals, clinical nutrition, medical technologies, and I.V. generic drugs, has achieved a major milestone with its tocilizumab biosimilar candidate MSB11456.…

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Merck KGaA boosts manufacturing capacities in the US and China to drive biopharmaceutical innovation

14 July 202314 July 2023

GERMANY — Merck KGaA, a leading global pharmaceutical company, has unveiled two significant manufacturing expansions in the United States and China, aimed at ramping up the production of testing materials…

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  • Glenmark Pharmaceuticals takes a decisive leap toward financial stability by divesting 75% of its API business to Nirma Limited
  • CDC backs Pfizer’s RSV vaccine for pregnant women to shield infants
  • Legal woes drive Rite Aid to consider bankruptcy and store closures amid opioid litigation
  • British Premier contemplates banning cigarettes for the next generation following in the footsteps of New Zealand
  • Nigeria records remarkable 55% drop in malaria death rates over two decades

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