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Drugmaker AstraZeneca has poached Alexion Pharmaceutical’s chief financial officer ahead of its acquisition, as the pharma firms shuffle their senior staff. Joining with an £850,000 base salary, Aradhana Sarin will join when the deal closes as both an executive director and chief financial officer if the pharmaceutical firm’s deal for Alexion Pharmaceuticals goes to plan. [...]
EU antitrust watchdogs and are set to decide by this weekend whether to approve AstraZeneca’s $39bn bid for biopharmaceutical company Alexion, a European Commission filing revealed today. Anglo-Swedish drugmaker AstraZeneca sought approval for the deal on Monday. However, the UK’s competition regulator is reviewing the takeover bid for the US-based pharma firm, until 5 July – [...]
AstraZeneca boss Pascal Soriot has said healthcare systems need greater flexibility and digital innovation to enable remote treatment if they are to better deal with future pandemics. Soriot’s firm has been at the forefront of the fight against Covid-19, producing a cheap, easily-shipped vaccine against the novel coronavirus. But Soriot said one of the most [...]
There were 1,979 new cases of coronavirus recorded on Monday 17 May, and five deaths within 28 days of a positive Covid-19 test while the number of those vaccinated against the virus continues to rise. Since vaccines started being administered in December, over 20m adults in the UK have received both doses of a Covid-19 [...]
The UK’s 12-week delay between first and second vaccine doses could have saved more lives, according to a US study published in the British Medical Journal, suggesting other countries strapped for jabs could adopt the strategy. The second shots of the Pfizer, Moderna and Oxford/AstraZeneca vaccines are designed to be given three to four weeks [...]
A share bonus hike for Astrazeneca’s chief executive was only narrowly approved in a vote where nearly 40 per cent of the pharma’s shareholders rejected the proposed pay package. The pharmaceutical giant did pass the proposal, however, which could take Pascal Soriot’s total pay, including a £1.3m salary, above the £15.4m he received last year. [...]
The European Union wants AstraZeneca to deliver at least 120m vaccine doses by the end of June, a lawyer representing the EU said today. EU lawyer Rafael Jafferali spoke in a Belgian court as proceedings started in the second legal case against AstraZeneca over delayed supplies. The pharma firm had originally agreed to deliver the [...]
Astrazeneca shareholders have been plunged into a bitter row over plans to hike chief executive Pascal Soriot’s pay by £2.3m. The French pharma boss has been praised for rolling out the company’s Covid-19 vaccine at cost price, as well as driving up its share price since he took over in 2012. But major shareholders have [...]
A coronavirus strain first detected in India has been declared a “variant of concern” over fears that it may be spreading more quickly than the dominant Kent strain. Public Health England (PHE) said it had “moderate confidence” that the Indian mutation, known officially as B16172, spreads at least as quickly as the strain first found in Kent last [...]
People under the age of 40 in Britain will be offered an alternative to the Astrazeneca coronavirus vaccine following concerns of rare blood clots. In a press conference this morning, the government’s Joint Committee on Vaccination and Immunisation (JCVI) recommended that adults in the UK aged between 30 and 39 should seek an alternative vaccine. Professor [...]
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