Pfizer (PFE) acquires exclusive rights to commercialise obesity therapy in China and is to pay Hangzhou Sciwind Biosciences up to USD 495mln
Pfizer's acquisition of exclusive rights to commercialize an obesity therapy in China for up to USD 495 million indicates a strategic expansion into a rapidly growing market.
US President Trump's 10% global tariff rate takes effect
Hong Kong government strongly protests Panama's takeover of both Panama ports controlled by CK Hutchison (1 HK)
Pfizer (PFE) acquires exclusive rights to commercialise obesity therapy in China and is to pay Hangzhou Sciwind Biosciences up to USD 495mln
Standard Chartered (2888 HK) Q4 (USD) adj. pre-tax 1.24bln (exp. 1.38bln), oper. rev. 4.85bln (exp. 4.91bln), FY2025 profit attributable rose 25.6% Y/Y to 5.1bln, Co. announces additional USD 1.5bln share buyback
Japan's Finance Ministry is said to mull tweaking liquidity-enhancement auctions and reduce super-long supply further to steady yields
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This deal not only enhances Pfizer's product portfolio but could also signal increased competition in the obesity treatment sector, potentially impacting peer valuations and market dynamics in the broader pharmaceuticals space.
Related headlines
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln2 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks3 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates2 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed2 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources2 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased7 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Hanwha Ocean (042660 KS) won a KRW 1.55tln order from Taiwan’s Yang Ming Marine Transport to build six LNG dual-fuel container ships11 hours ago
- Newsquawk Daily Asia-Pac Opening News - 3rd September 202612 hours ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 3 hours ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits53 min ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind1 hour ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement2 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday3 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output5 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts7 hours ago
- US Ambassador to NATO Matthew Whitaker says Iran is a bankrupt country and will not be able to pay anyone in its military, civil service or government, nor subsidise its society10 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US7 hours ago
- White House confirms that US President Trump signed a stopgap funding bill into law today11 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low3 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets4 hours ago
The whole workspace, free to try.
Try it free