Cult Baku Creative Week celebrates culture and creative industries In partnership with Ministry of Culture of the Republic of Azerbaijan
Cult Baku Creative Week celebrates culture and creative industries In partnership with Ministry of Culture of the Republic of Azerbaijan
Business Markets exhale as Novo Nordisk withdraws from Metsera bidding war Equity markets delivered a mixed response after Pfizer won the bidding war for anti-obesity drugmaker Metsera, as Metsera’s shares slipped but Novo Nordisk’s stock rose on news it was bowing out of the race. 11/11/2025
Germany This is how dependent Germany is on Chinese medicines Germany sold more than 15 million tonnes of pharmaceutical products to China in 2024, while China sold more than 33 million tonnes to Germany. 29/10/2025
Business Pfizer agrees to lower prescription drug costs for Medicaid Under the deal, New York-based Pfizer will charge most-favoured-nation pricing to Medicaid and guarantee that pricing on newly launched drugs, Trump said. That involves matching the lowest price offered in other developed nations. 01/10/2025
Business Big Pharma’s retreat: Is NHS pricing behind investor pullbacks? Multinational pharmaceutical firms are pulling pack or pausing investments in the UK, blaming a lack of competitive drug pricing. 30/09/2025
Markets AstraZeneca to list shares in New York, without leaving the UK Amid concerns it might leave the UK, the pharma giant reaffirmed its commitment to the country, keeping its headquarters, primary listing, and tax base there. 29/09/2025
Europe in Motion EU high-tech exports recover: What's the most profitable sector? Pharma has become the EU's most valuable high-tech export, driving the bloc's first trade surplus in years. But can it survive the impact of US tariffs? 26/09/2025
Economy Trump to put import taxes on pharma, home furnishings, heavy trucks While Trump did not provide a legal justification for the tariffs, he appeared to stretch the bounds of his role as commander-in-chief by stating on Truth Social that the taxes on imported kitchen cabinets and sofas were needed “for national security and other reasons". 26/09/2025
Europe News EU countries agree to dilute rules on water quality standards Green groups regret lax environmental standards on pharmaceuticals, voluntary monitoring and late compliance dates from the political agreement reached on the Water Framework Directive’s revision. 24/09/2025
Health news Cheaper HIV prevention jab to launch in lower income countries in 2027 The twice-yearly drug has been hailed as a medical breakthrough that could change the course of the HIV epidemic. 24/09/2025
Economy The Ozempic ripple: When a single jab moves an entire market As GLP-1 use spreads, grocers and restaurants see lighter baskets, airlines predict fuel savings and health systems eye lower costs—while Denmark sees a clipped GDP. 02/09/2025
Healthcare Rich countries pay more for medicines, but cost burden is far lower European countries spent more than other regions on essential medicines in 2022, at approximately €167 per capita. 17/08/2025
Health news MIT scientists use AI to develop new drugs for gonorrhoea and MRSA The researchers aimed to find completely new ways of tackling antimicrobial resistance. 15/08/2025
Markets Pfizer earnings strong despite Trump’s new 'up to 250%' tariff threat Pfizer beat earnings expectations and improved its outlook for the rest of the year, despite fresh statements from Trump announcing pharma tariffs next week. 05/08/2025
Markets Novo Nordisk shares plummet over 20% on weight-loss drug sale slump The firm also named Maziar Mike Doustdar as its new CEO on Tuesday, after a gloomy financial forecast spooked investors. 29/07/2025
Health news EU-US trade deal leaves future of pharma tariffs uncertain Despite a new EU-US trade deal, tariffs on pharmaceuticals remain uncertain and unchanged for now, pending the outcome of a US national security investigation that could later impose duties of up to 15%. 28/07/2025
Business Sanofi buys UK’s Vicebio for over €1bn to expand vaccine portfolio French pharmaceutical company Sanofi said it is acquiring London-based Vicebio to expand its range of respiratory virus vaccines and add a non-mRNA vaccine to its pipeline. 22/07/2025
Economy Which European economy stands to suffer the most from US tariffs? One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the Irish economy. 11/07/2025
Markets US copper prices soar after Trump threatens 50% tariff on imports The 50% duty would match the rate placed on steel and aluminium imports. The president also said he plans to impose a tariff of up to 200% on pharmaceutical drugs. 09/07/2025
India Death toll rises to 39 after blast at pharmaceutical factory in India The massive explosion and fire at Sigachi Industries' chemical factory in the southern state of Telangana also injured 34 people, officials said. 01/07/2025
Health news Police seize €57 million in black market medicines, weight loss drugs Interpol cited a concerning rise in demand for unauthorised weight loss drugs and peptide supplements in Europe and other wealthy regions. 25/06/2025