Author: publisher
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Bayer sweetens Monsanto bid as talks enter final stretch
German pharmaceutical and crops manufacturer Bayer AG said on Monday that its negotiations with Monsanto Co had advanced, and it was now willing to offer more than $65 billion to acquire the world's largest seed company. Bayer's announcement came as the gap in price expectations between the two companies has narrowed significantly, although important terms,…
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Bayer sweetens offer for Monsanto
(Reuters) – German drugmaker Bayer AG said on Monday it was in advanced talks to acquire Monsanto Co and was raising its offer for the U.S. seed producer. Bayer said it would be prepared to offer $127.50 per Monsanto share from its previous offer price of $125 per share only in connection with a negotiated…
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Rugby-Cancer patient Lealiifano awarded top Brumbies prize
Wallabies back Christian Lealiifano was awarded the ACT Brumbies’ top prize at an emotional club function on Friday as he continues his battle against leukaemia. Lealiifano’s diagnosis was announced by the Canberra-based Super Rugby team a month ago, prompting an outpouring of global support for the 28-year-old playmaker. Named the Brett Robinson Players’ Player of…
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U.S. lawmakers question Mylan’s Medicaid EpiPen rebates
Two key U.S. congressional committee members on Friday called for an investigation into whether Mylan NV, under fire for raising the price of its EpiPen device, overcharged the government's low-income healthcare program for the allergy treatment. In a letter to the secretary of the Department of Health and Human Services, Senator Ron Wyden and Representative…
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Nearly half of Zika cases in Singapore are foreigners: media
SINGAPORE (Reuters) – Singapore’s ministry of health said of the 115 people who tested positive for Zika virus, 57 were foreigners who live and work in the city-state, Channel NewsAsia reported. It said most had displayed mild symptoms and had recovered. Most of the foreigners infected were from China, followed by India and Bangladesh, it…
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Novo Nordisk’s veteran CEO Lars Rebien Sorensen to step down
By Annabella PultzNielsen COPENHAGEN (Reuters) – Novo Nordisk's long-serving chief executive Lars Rebien Sorensen is to step down early, it was announced on Thursday, at a time when the world's largest insulin maker has said it faces increased competition in the U.S. market where it generates about half its revenues. The company said Rebien Sorensen…
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Novo Nordisk’s veteran CEO Lars Rebien Sorensen to step down
By Annabella PultzNielsen COPENHAGEN (Reuters) – Novo Nordisk's long-serving chief executive Lars Rebien Sorensen is to step down early, it was announced on Thursday, at a time when the world's largest insulin maker has said it faces increased competition in the U.S. market where it generates about half its revenues. The company said Rebien Sorensen…
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University study finds flaws in criticism of St. Jude cyber security
University of Michigan researchers on Tuesday said their own experiments undermine recent allegations of security flaws in St. Jude Medical Inc's pacemakers and other implantable medical devices. Shares of St. Jude fell 5 percent on Thursday after short-selling firm Muddy Waters and its business partner, cyber security company MedSec Holdings Inc, alleged finding significant security…