A biologics arms race of sorts appears to be shaping up in South Korea. Celltrion Chairman Seo Jung-jin said on Thursday that the conglomerate will spend about $ 33.6 billion on its pharma business over the next decade. The pledge comes just months after competitor Samsung said it will spend $ 22 billion in much… Read More »
Donors have pledged an additional US$ 15.3 million to support quick action by the World Health Organization to tackle disease outbreaks and humanitarian health crises through its emergency response fund in 2018, the Contingency Fund for Emergencies (CFE). Canada, Denmark, Estonia, Germany, the Republic of Korea, Kuwait, Luxembourg, Malta, Netherlands, Norway, and the United Kingdom… Read More »
A foundation headed by philanthropist and businessman Len Blavatnik has pledged $ 200 million to Harvard Medical School (HMS), its largest gift ever, with the overarching aim of transforming new medical discoveries into patient treatments. The gift, from the Blavatnik Family Foundation, was announced at a scientific symposium at the School on Thursday and was… Read More »