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      War propels UK inflation in new risk for interest rate hikes

      A new paper by the free-market think tank IEA demands the Treasury to broaden its focus from inflation to total spending in the economy – which would account for both economic growth and inflation.

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      Aston Villa facing Premier League scrutiny over £55m Warehouse sale

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cancer drug

  • Astrazeneca chief blasts Europe for ‘putting citizens’ health at risk’

    healthcare

    Europe is putting its “ability to protect the health of its own people at risk” by not investing enough, the chief executive of FTSE 100 giant Astrazeneca has warned. Pascal Soriot added that the continent is “falling behind” in attracting R&D and manufacturing investment and needs to “invest more in what really matters to it”. [...]

    The CEO of FTSE 100 giant Astrazeneca has spoken out. (Photo by Christopher Furlong/Getty Images)
  • GSK shares rise after £1.7bn Zantac settlement

    pharma

    GSK shares have spiked today after the pharmaceutical giant agreed to pay as much as $2.2bn (£1.68bn) to settle lawsuits alleging one of its heartburn drugs had caused cancer. The discontinued version of the drug, Zantac, had triggered 80,000 lawsuits from 10 different law firms in the US and has hung over the FTSE 100 [...]

    GSK higher after settling Zantac cases
  • Meet the founder searching for the ‘holy grail’ of cancer treatment

    Founder profile

    Jennifer Sieg speaks with Hilmar Warenius about how his discovery of a new type of cancer treatment could be well on its way to revolutionising the pharmaceutical industry

    Hilmar Warenius, founder of biotechnology company Syntherix and developer of cancer treatment drug Onkonek
  • Astrazeneca boosts cardiovascular pipeline with licensing deal

    October 7, 2024

    Astrazeneca has struck a licensing agreement worth up to $2bn (£1.5bn) with China’s CPSC Pharmaceutical Group to develop a new cardiovascular drug, the company announced on Monday. The Anglo-Swedish pharmaceutical giant will pay $100m (£76.5) upfront, with additional milestone payments of up to $1.9bn (£1.4bn), to licence a preclinical small molecule aimed at treating dyslipidemia. [...]

  • Astrazeneca drags down the FTSE 100 following mixed cancer trial results

    September 10, 2024

    Shares in Astrazenca and Daiichi Sankyo nose dived today after the pair revealed mixed results in their lung cancer drug's late-stage trial.

  • British Patient Capital invests £90m London biotech company

    July 8, 2024

    British Patient Capital recently also invested £10m into biotech firm Curve Therapeutics to support its cancer drug discovery technology.

  • Based in an old Bermondsey biscuit factory, this London cancer drug firm just raised millions

    May 21, 2024

    Founded in 2012 by a PhD student, Labgenius uses technology to create more effective and safer antibodies for cancer treatment.

  • US regulator accepts GSK’s application to expand treatment of cancer drug

    April 24, 2024

    The treatment, Jemperli, will now be classed as being able to help all adult patients with primary advanced or recurrent endometrial cancer. It is used alongside chemotherapy.

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