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Weight-loss drugs fuel boom for firms that fill syringes
  + stars: | 2023-10-09 | by ( Maggie Fick | ) www.reuters.com   time to read: +6 min
[1/5] Catalent's automated visual inspection systems that check every pre-filled syringe to ensure product integrity are seen, in Brussels, Belgium, 2023. Eli Lilly's (LLY.N) Mounjaro is expected to be approved for weight-loss in the United States this year. The U.S. Inflation Reduction Act is also boosting development of biologic drugs, some of which are injected. Injectables are increasingly used in elderly care settings, and some new Alzheimer's and generic arthritis drugs are administered by injection. One healthcare investor said CDMOs' ability to boost capacity will determine how fast the obesity drug market grows.
Persons: Wegovy, it's, Savant, Morgan Stanley, Eli Lilly's, Mounjaro, Chris Chen, Cornell Stamoran, Fujifilm Diosynth, Germany's Vetter, Lilly, Marc Casper, CDMOs, Luke Sergott, Catalent, Catalent's Stamoran, Maggie Fick, Patrick Wingrove, Josephine Mason, Catherine Evans Organizations: REUTERS Acquire, Pfizer, HK, Fujifilm, Fujifilm Corp, Novo, Reuters, Research, Insight Partners, Barclays, Thomson Locations: Brussels, Belgium, Handout, United States, WuXi, Europe, GLP, Anagni, Italy, Bloomington , Indiana, U.S, New York
The logo of the Catalent plant is seen in Anagni, Italy, March 24, 2021. REUTERS/Yara Nardi(Reuters) - Activist investor Elliott Investment has built a significant stake in Catalent and is pushing for a shake-up on the contract drug manufacturer’s board, the Wall Street Journal reported on Wednesday. Elliott has been talking to potential director candidates about joining a slate of nominees to run in a proxy contest, WSJ said, citing people familiar with the matter. The exact size of Elliott’s stake in Catalent could not be learned, WSJ added. Elliott and Catalent did not immediately respond to Reuters requests for comment.
Persons: Yara Nardi, Elliott, Catalent Organizations: REUTERS, Elliott Investment, Wall Street Locations: Anagni, Italy, Catalent
In a losing year for US stocks, here are the 10 biggest percentage decliners on the S&P 500. The 10 largest S&P 500 stock losers wiped out $1.6 trillion in market value. The 10 S&P 500 companies that have experienced the largest stock-price declines heading into the end of 2022 have wiped out a combined market value of more than $1.6 trillion. PayPalTicker: PYPLYTD Performance: -63.4%Market Value Decline: $142.49 billionLike many tech companies, the digital payments processor is seeing a slowdown after a pandemic boom. Photo by George Frey/Getty ImagesTicker: GNRCYTD Performance: -73.8%Market Value Decline: $16.6 billionMass COVID lockdowns helped sparked big demand for backup generators as people worked and studied at home.
Autoritățile italiene au descoperit 29 de milioane de doze de vaccin AstraZeneca într-un depozit dintr-un oraș din apropiere de Roma, scrie Politico și digi24.ro, preluând La Stampa. Dar exportul a fost stopat după ce blocul comunitar a introdus un mecanism de blocare a exporturilor. Ziarul italian scrie că AstraZeneca nu a alertat UE în privința dozelor, care erau ținute într-un depozit din orașul Agnani, la 40 km de Roma. Această descoperire vine după ce AstraZeneca a fost aspru criticată de UE pentru că nu livrează cantitățile de vaccin contractate. Cel mai recent contract prevede livrarea în primul trimestru a 30 de milioane de doze, adică volumul descoperit la depozitul din Italia.
Persons: Thierry Breton Organizations: UE Locations: Roma, Stampa, Olanda, Britanii, Londra, anglo, UE, Agnani, Regatului Unit, di, Italia
Sursa foto: Dozele provin de la fabrica Halix din Olanda, care nu are încă autorizație de producție pentru UE, și urmau să ajungă în Marea Britanie. 29 de milioane de doze de vaccin descoperite de autoritățile italiene, într-un depozit29 de milioane de doze de vaccin AstraZeneca au fost descoperite de autoritățile italiene într-un depozit dintr-un oraș din apropiere de Roma, scrie Politico, preluând La Stampa. Fabrica Halix nu a obţinut încă autorizaţia Agenţiei Europene a Medicamentului, astfel că, fără acest accept, dozele de vaccin nu pot fi predate ţărilor membre ale UE. Această descoperire vine după ce AstraZeneca a fost aspru criticată de UE pentru că nu livrează cantitățile de vaccin contractate. Cel mai recent contract prevede livrarea în primul trimestru a 30 de milioane de doze, adică volumul descoperit la depozitul din Italia.
Persons: Thierry Breton Organizations: UE Locations: Olanda, italiene, Roma, Stampa, Britanii, Londra, anglo, Italia, UE, Agnani, Regatului Unit, di
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