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X @The Economist
The Economist· 2025-07-11 00:20
Prescriptions for antidepressants and anti-anxiety medicines have soared in rich countries in recent decades. Yet they do not work for everyone.If their reputation could be improved, hormones could be promising mental-health drugs https://t.co/9JlfU06qZ1 ...
Alvotech Appoints Linda Jónsdóttir as Chief Financial Officer
Globenewswire· 2025-07-10 08:40
Linda Jónsdóttir Linda Jonsdottir, Alvotech's new Chief Financial Officer REYKJAVIK, ICELAND (July 10, 2025) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the appointment of Linda Jónsdóttir as Chief Financial Officer (CFO). Linda is a highly experienced international executive with a strong background in finance and corporate leadership. She has held senior roles across a range of indus ...
Alvotech Appoints Linda Jónsdóttir as Chief Financial Officer
GlobeNewswire News Room· 2025-07-10 08:40
REYKJAVIK, Iceland, July 10, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the appointment of Linda Jónsdóttir as Chief Financial Officer (CFO). Linda is a highly experienced international executive with a strong background in finance and corporate leadership. She has held senior roles across a range of industries, including banking, food technology, transportation, an ...
Alvotech Expands its Capacity in Assembly and Packaging with the Acquisition of Ivers-Lee Group in Switzerland
GlobeNewswire· 2025-07-09 08:30
REYKJAVIK, ICELAND AND BURGDORF, SWITZERLAND (JULY 9, 2025) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the expansion of its capacity for assembly and packaging with the acquisition of Ivers-Lee Group (“Ivers-Lee”), a family owned business with headquarters in Burgdorf, Switzerland specializing in providing high-quality assembly and packaging services for the pharmaceutical sector. While I ...
Healthy Returns: Medicaid cuts in Trump's megabill may affect some drugmakers more than others
CNBC· 2025-07-08 14:41
Group 1 - The "One Big Beautiful Bill Act" includes over $1 trillion cuts to Medicaid, impacting millions of vulnerable Americans and threatening healthcare providers [2] - Medicaid represents a smaller portion of drugmakers' revenue in the U.S. and globally, with lower reimbursement rates compared to Medicare and commercial insurance [3][4] - Future revenue loss from Medicaid is considered a marginal negative for drugmakers, although some companies are more exposed to the Medicaid market than others [4] Group 2 - Vertex Pharmaceuticals and Gilead are more reliant on Medicaid, with Medicaid accounting for 25% of Vertex's U.S. revenue and 22% of Gilead's domestic sales [5] - Medicaid constitutes 23% of Vertex's sales from cystic fibrosis medicines, which are critical revenue drivers for the company [6]
Ipsen - Half year statement - 2025 06 30
Globenewswire· 2025-07-07 16:00
Core Insights - Ipsen has announced its half-year statement regarding the liquidity agreement with NATIXIS ODDO BHF, detailing the resources allocated to the dedicated liquidity account as of June 30, 2025 [1] - The company operates as a global biopharmaceutical entity focusing on transformative medicines in oncology, rare diseases, and neuroscience, leveraging nearly 100 years of development experience [2] - Ipsen is publicly listed on Euronext in Paris and has a Sponsored Level I American Depositary Receipt program in the U.S. [3] Financial Summary - As of June 30, 2025, the liquidity account included 38,030 shares valued at €1,320,416.64 and 12,751 shares valued at €3,137,934.80 [6] - The trading volume during the period from January 1, 2025, to June 30, 2025, included 2,468 purchase transactions and 2,393 sell transactions, with a total of 339,729 shares purchased for €36,644,907.65 and 326,400 shares sold for €35,329,344.25 [6]
GSK's Specialty Medicines Surge - Still Looks Undervalued In 2025
Seeking Alpha· 2025-07-07 11:45
Core Insights - GSK plc is a prominent biopharmaceutical company focused on developing specialty and general drugs, as well as vaccines [1] Financial Performance - GSK's Q1 2025 results demonstrated strong momentum, particularly in the specialty medicines segment [1] - The oncology performance of GSK was noted as excellent, indicating a robust growth area for the company [1]
INOVIO Announces Pricing of $25 Million Public Offering
Prnewswire· 2025-07-03 11:30
Core Viewpoint - INOVIO Pharmaceuticals, Inc. has announced a public offering of 14,285,715 shares of common stock and accompanying Series A and Series B warrants, priced at $1.75 per share, aiming to raise approximately $25 million before expenses [1][2]. Group 1: Offering Details - The public offering includes 14,285,715 shares of common stock and warrants to purchase an equal number of shares at an exercise price of $1.75 [1]. - The offering is expected to close on or about July 7, 2025, pending customary closing conditions [1]. - Underwriters have a 30-day option to purchase up to 2,142,857 additional shares and warrants at the public offering price [1]. Group 2: Financial Aspects - Gross proceeds from the offering are anticipated to be approximately $25 million, excluding underwriting discounts and commissions [2]. - The offering is being managed by Piper Sandler & Co. as the sole active book-running manager, with Oppenheimer & Co. Inc. as a passive bookrunner [2]. Group 3: Regulatory Information - A shelf registration statement for the offering was filed with the SEC on November 9, 2023, and was declared effective on January 31, 2024 [3]. - The offering is conducted through a written prospectus and prospectus supplement available on the SEC's website [3]. Group 4: Company Overview - INOVIO is focused on developing and commercializing DNA medicines aimed at treating HPV-related diseases, cancer, and infectious diseases [5]. - The company's technology is designed to optimize the design and delivery of DNA medicines that enable the body to produce its own disease-fighting tools [5].
OSE Immunotherapeutics Publishes Letter to Shareholders
Globenewswire· 2025-06-30 16:00
OSE Immunotherapeutics Publishes Letter to Shareholders NANTES, France, June 30, 2025, 6:00 p.m. - OSE Immunotherapeutics SA (ISIN: FR0012127173; Mnemo: OSE), announces the publication of its inaugural Letter to Shareholders. The Company’s CEO and Board of Directors wish to share with shareholders the key achievements of recent months, the foundations of its growth strategy and perspectives for the future. The Letter to Shareholders is available on the Company's website: https://tinyurl.com/2n3rhnpn. ABOU ...
Press release: Availability of the Q2 2025 Aide mémoire
Globenewswire· 2025-06-30 05:30
Availability of the Q2 2025 Aide mémoire Paris, France – June 30, 2025. Sanofi announced today that its Q2 2025 Aide mémoire is available on the "Investors" page of the company's website: Second quarter 2025 (sanofi.com) As for each quarter, Sanofi prepared this document to assist in the financial modelling of the Group's quarterly results. This document includes a reminder on various non-comparable items, as well as the foreign currency impact and share count. Sanofi's second quarter 2025 results will be ...