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Leon Wang - 1 Wang - 1 AstraZeneca - 1 — - 1 it's - 1 Las Olsen - 1 Olsen - 1
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3 mentions found


☆ AstraZeneca shares fall on report of potential China probe fallout
  + stars: | 2024-11-05 | by ( ) www.cnbc.com   time to read: +2 min
The Astrazeneca logo is pictured at the World Artificial Intelligence Conference 2021 in Shanghai, China, July 7, 2021. "As a matter of policy, we do not comment on speculative media reports including those related to ongoing investigations in China," AstraZeneca said. "If requested, we will fully cooperate with the Chinese authorities," the company added and said that its operations and delivery of medicines were ongoing in China. AstraZeneca is one of the biggest multinational drugmakers in China, which accounts for 13% of its overall revenue. In 2022, Chinese authorities had summoned AstraZeneca officials over an investigation of suspected medical insurance fraud by its employees, and had ordered that the drugmaker tighten its marketing activities.
Persons: Leon Wang, Wang, AstraZeneca Organizations: Astrazeneca, Artificial Intelligence, AstraZeneca, country's pharma Locations: Shanghai, China, Swedish
☆ Weight loss drugs like Ozempic and Wegovy are fattening up Denmark's economy and helped it dodge a recession last year
  + stars: | 2024-03-17 | by ( George Glover | ) www.businessinsider.com   time to read: +2 min
Danish pharma giant Novo Nordisk makes both Ozempic and Wegovy. The novel drugs are also boosting pharma stocks — and Denmark's economy. Advertisement"The pharmaceutical industry has been the main driving force in the Danish economy in both the fourth quarter and for the whole of 2023," the agency said. Genmab, Zealand Pharma, and H. Lundbeck are among the other big Danish pharma firms. AdvertisementSuch businesses were a rare bright spot for Denmark's economy last year because they invested in infrastructure, created jobs, and boosted manufacturing, according to Danske Bank's chief economist Las Olsen.
Persons: —, it's, Las Olsen, Olsen Organizations: Danish pharma, Novo Nordisk, Service, Nordisk, Zealand Pharma Locations: Denmark, Danish, Copenhagen
☆ Not an era for war, India says, as G20 finance meet starts
  + stars: | 2023-02-22 | by ( Shivangi Acharya Sarita Chaganti Singh | Shivangi Acharya | Sarita Chaganti Singh | ) www.reuters.com   time to read: +3 min
Finance ministers and central bank chiefs from G20 nations will join the meeting on Friday. The meeting in the Nandi Hills summer retreat is the first major event of India's G20 presidency and the war in Ukraine is likely to feature prominently during the proceedings. The G20 finance ministers and central bank chiefs are also expected to discuss unblocking debt restructuring for distressed economies that have been badly hit by the COVID-19 pandemic and the war in Ukraine. U.S. Treasury Secretary Janet Yellen and German Finance Minister Christian Lindner will be attending the meetings and are expected to press China to "quickly deliver" on debt relief for low and middle income countries. However, neither the Russian finance minister nor the central bank chief were expected to attend the meeting and they will be represented by their deputies.
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