Latest stories

  • in

    GSK plans to acquire Bellus Health for USD 2 billion

    London: GSKĀ plans to buy Canada-based drug developer Bellus Health Inc in an all-cash deal for $2 billion as the British drugmaker expands its bet on respiratory therapies. The move to replenish its pipeline comes as GSK investors fret about whether there is enough in the medicine cabinet to keep the momentum going into the next […] More

  • UPI Most Preferred Mode for Digital Payments in India in 2022; 87.92 Billion Transactions Processed: Report

    In India, payment modes like UPI, debit and credit cards, and prepaid payment instruments ā€” Mobile and Prepaid cards ā€”processed 87.92 billion transactions worth Rs. 149.5 trillion during 2022, according to a new report. In terms of UPI, Person-to-Merchant (P2M) and Person-to-Person (P2P) are the most preferred payment modes among consumers with a market share […] More

  • in

    Eli Lilly to invest additional USD 1.6 billion in 2 new plants

    Indianapolis:Ā Eli Lilly and CompanyĀ has announced that it will invest an additional $1.6 billion and add another 200 new jobs at its two new manufacturing sites within LEAP Innovation Park in Boone County, bringing the company’s total commitment to $3.7 billion and up to 700 new jobs. The company also committed $15 million over five years […] More

  • ‘Monetising Hate’: Misinformation Surges on Twitter After Elon Musk’s $44 Billion Takeover

    When the iconic US diaper company Huggies was swamped with false pedophilia allegations last month, the conspiracy was traced to a once-banned influencer reinstated to Twitter by Elon Musk. The Tesla tycoon bitterly denies that misinformation has surged since his turbulent $44 billion (roughly Rs. 3,62,100 crore) acquisition of the messaging platform, but experts say […] More

  • in

    Merck to acquire Prometheus Biosciences for USD 11 billion

    Rahway: Merck, known as MSD outside the United States and Canada, and Prometheus Biosciences, Inc. have announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, has agreed to acquire Prometheus for $200.00 per share in cash for a total equity value of approximately $10.8 billion. ā€œAt Merck, we […] More

  • Sega to Acquire ā€˜Angry Birdsā€™ Developer Rovio for $1 Billion: Report

    Sega to Acquire ā€˜Angry Birdsā€™ Developer Rovio for $1 Billion: Report

    Japan’s Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland’s Rovio Entertainment Oyj but that nothing had been decided yet, sending its shares lower amid investor doubts about synergy prospects. The Wall Street Journal reported last week that Sega Sammy was nearing a deal to buy the Finnish firm behind the mobile […] More

  • Ethereum’s Shapella Upgrade to Unlock Around $33 Billion of Staked Ether

    Ethereum's Shapella Upgrade to Unlock Around $33 Billion of Staked Ether

    Investors are finally set to gain access to more than $33 billion (roughly Rs. 2,70,900 crore) of ether this week under a planned revamp of the blockchain. A new software upgrade to the Ethereum blockchain, dubbed Shapella, will let market players redeem their “staked ether” – coins they have deposited and locked up on the […] More

  • in

    Johnson & Johnson proposes USD 8.9 billion settlement for talc cancer claims

    US pharmaceutical giant Johnson & Johnson on Tuesday proposed an $8.9 billion settlement to resolve years-old lawsuits claiming that its talcum powder products caused cancer. The New Jersey-based company said the proposed settlement, which still needs the approval of a bankruptcy court, “will equitably and efficiently resolve all claims arising from cosmetic talc litigation.” For […] More

  • in

    JnJ proposes USD 8.9 billion settlement of talc cancer claims

    US: US pharmaceutical giant Johnson & Johnson on Tuesday proposed an $8.9 billion settlement to resolve years-old lawsuits claiming that its talcum powder products caused cancer. The New Jersey-based company said the proposed settlement, which still needs the approval of a bankruptcy court, “will equitably and efficiently resolve all claims arising from cosmetic talc litigation.” […] More

  • in

    Researchers show how two different types of immune cells help two billion people keep tuberculosis in check

    The key feature of tuberculosis infection in humans is the formation of granulomas, or clusters of immune cells in the lungs that contain the infection. These granulomas contain B cells, all-purpose immune cells that perform a variety of functions, from producing antibodies to regulating the activity of other cells. For years, researchers assumed that these […] More

Load More
Congratulations. You've reached the end of the internet.