INSEAD Day 4 - 728x90

Health

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

US no longer recommends Covid shots for children, pregnant women

Washington, United States - The US will no longer recommend Covid-19 vaccines for children and healthy pregnant women, Health Secretary...

Cat sole survivor of 115-meter fall at Bryce Canyon National Park

Los Angeles, United States - A cat that fell alongside a couple into a 115-meter-high canyon was the only survivor...

Science
Geostrategy

Covid-19 has not gone away, kills 1,000 a week in Europe: WHO

Copenhagen, Denmark - The World Health Organization's European office on Tuesday warned the risk of Covid-19 has not gone away, saying...
  • "Whilst it may not be a global public health emergency, however, Covid-19 has not gone away," WHO Regional Director for Europe Hans Kluge said
  • "Unless we develop comprehensive diagnostics and treatment for long Covid, we will never truly recover from the pandemic," Kluge said
Geostrategy

Global body to fund 26 FAO projects worth $174.7m

ROME, ITALY - Building on growing momentum to tackle environmental problems by addressing the ways in which our food and...
  • With these new projects, FAO's partnership with the GEF will have helped countries access over $1.4 billion in financing.
  • These 26 projects will support countries to create or improve the management of nearly 17.9 million hectares of protected areas on land and sea
Science

Chinese doctors use 5G remote robot to perform successful surgery

XINJIANG, CHINA - China has successfully performed the world's first liver resection surgery utilising a domestically developed 5G remote robot,...
  • A medical team from Zhejiang and Xinjiang provinces collaborated through the use of 5G remote robot, overcoming a considerable distance of 4,600 kilometers
  • Leading the team was Dr. Liang Xiao, a chief physician from the Department of General Surgery at Zhejiang University School of Medicine's Sir Run Run Shaw Hospital
Business

US firms to pay $1.2bn to clear claims of contaminating water sources

Three major chemical manufacturers announced that they will pay nearly $1.2 billion to settle claims that they contaminated water sources...
  • Chemours would contribute $592 million, DuPont $400 million and Corteva $193 million to the settlement fund.
  • The group of chemicals known as PFAS, per- and polyfluoroalkyl substances, have been found to cause cancer and other health problems.
Science

AstraZeneca’s new cancer medication Imjudo launched in UAE

Abu Dhabi, UAE -- AstraZeneca has announced the launch of its revolutionary cancer medication, IMJUDO® (tremelimumab) in the UAE. The...
  • UAE is one of the first countries in the Middle East to receive access to the medication that marks a significant advancement in the treatment of cancer
  • Clinical trials have demonstrated the efficacy and tolerability of IMJUDO® in combination in various types of cancer, including metastatic non-small cell lung cancer
Business

PIF sets up firm Badael to curb tobacco use in Saudi Arabia

RIYADH, SAUDI ARABIA- The Public Investment Fund (PIF) announced the establishment of Badael Company, which aims to develop, manufacture and...
  • Badael aims to address the negative impact that smoking has on the well-being of the Saudi population.
  • The company’s products are expected to help nearly one million people give up smoking by 2032.
Science

Saudi professor secures US patent for innovative cancer therapy

Washington, USA -- The Saudi faculty member at Michigan State University Dr. Yasser Al-Dhamin, received a patent from the US...
  • The patent describes the development of a modern technology that targets an immune protein with a high concentration on the surface of immune system cells
  • The protein targeted in this project is called CRACC, and theresearch has demonstrated that CRACC protein exists on the surface of immune system cells in cancers
Science

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission. The...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.
Geostrategy

WHO unveils network to minimize spread of infectious diseases

The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and...
  • The network will rely on pathogen genomics to analyze the genetic code of viruses, bacteria and other disease-causing organisms.
  • The data gathered will feed into a broader disease surveillance system used to identify and track diseases, in a bid to contain outbreaks.
Business

MoFAIC,  Burjeel Holdings ink MoU on healthcare services

ABU DHABI, UAE -  UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and Burjeel Holdings have signed a Memorandum...
  • MoFAIC said that it seeks to enhance the quality of life via comprehensive and proactive health and therapeutic services.
  • Burjeel Holdings said their healthcare professionals are committed to ensuring the well-being of MoFAIC's employees.

US no longer recommends Covid shots for children, pregnant women

Washington, United States - The US will no longer recommend Covid-19 vaccines for children and healthy pregnant women, Health Secretary...

Company News

Latest News

Global child deaths reach historic low in 2022: UN report

Geneva, Switzerland – The number of children who died before their fifth birthday has reached a historic low, dropping to...

Man vaccinated for Covid 217 times shows no side effects

Paris, France - A German man who deliberately got vaccinated for Covid-19 a whopping 217 times did not report any side...
Science

As truce talks resume in Cairo, people in Gaza suffer from hunger

Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

UN agencies warn of ‘explosion’ in Gaza child deaths

Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...
  • At least 90 percent of children under five in Gaza are affected by one or more infectious diseases, according to a joint assessment by the UN agencies
  • Seventy percent children had had diarrhea in the two weeks prior to the assessment, marking a 23-fold increase compared to the 2022 baseline
Business

HMG 2023 net profit $544m

The rise was due to the hospitals and pharmacy segments.
  • The increase in net profit came as revenues edged up 14.41 percent year-on-year (YoY) to US$2.5 billion (SAR 9.5 billion).
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 18.49 percent YoY to US$666 million (SAR 2.5 billion).
Business

WEF24: AI-generated drugs promise cost reduction

AI is playing a critical role across the biomedical spectrum, from accelerating drug discovery to improving care delivery systems, says...
  • AI is playing a critical role across the biomedical spectrum, from accelerating drug discovery to improving care delivery systems, says Dr Alex Zhavoronkov of Insilico Medicine.
  • The latest technology enables end-to-end systems, and today, what we see is the true pinnacle of AI-powered drug discovery: the integration of AI and robotics, he adds