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Japan’s Takeda flags profit slide as it bolsters drug pipeline, ET HealthWorld

Add To Favorites Tokyo: Japan‘s Takeda Pharmaceutical Co on Thursday reported annual profit that missed estimates and flagged a decrease in the coming year as its mainstay drugs lose patent protection. Japan‘s biggest drugmaker spent big in the past year to replenish its pipeline to make up for the loss of exclusivity on big sellers …

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Cash-rich BioNTech broadens scope as COVID shot sales slide, ET HealthWorld

Add To Favorites New Delhi: Germany‘s BioNTech, Pfizer’s partner on COVID-19 vaccines, said on Monday its first-quarter net income plunged on lower demand for the shots as it widens its work on cancer and other diseases. BioNTech, which reported it had built up an 18.6 billion euro ($20.55 billion) balance of cash and receivables at …

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