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Food & Health

Nestlé Q3 sales illustration
Nestlé Exceeds Q3 Sales Amid Russia Exit
Nestlé (NESN.S) reported third-quarter organic sales growth that topped analyst forecasts on Thursday, even as the Swiss food giant formally deconsolidated its Russian operations after Moscow seized control of the business. The Russia deconsolidation removes a persistent geopolitical...
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Merck's $1.3B Move Spurs Biotech Shakeup
Germany’s Merck KGaA agreed Monday to acquire Nasdaq-listed Silence Therapeutics (SLN) for $1.3...
AI Revolution Fuels AstraZeneca's $1.5B Pharma Deal
AstraZeneca (AZN.L) sealed a deal worth up to $1.5 billion with AI therapeutics firm Insitro on Thursday, signaling that machine-learning platforms...
GSK's $800M Investment Fuels Biopharma Reshoring
AstraZeneca Invests $1B in MA R&D Expansion
FDA Approves Juvmo: Parkinson's Treatment Breakthrough
Lilly Inks $3.35B Deal with InnoCare for New Drug Paths
Enicepatide Boosts Roche in Cardio Drug Arena
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Pfizer's $2B Vaccine Standoff Eyes Air-Traffic Fees
Pfizer (PFE) is pressing a roughly $2 billion arbitration claim against Poland and Romania over cancelled Covid-19 vaccine orders, an escalating legal fight that has now swept...
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Smithfield Faces Pork Segment Loss Amid Margin Collapse
Smithfield Foods (SFD.O) shares fell nearly 2% in extended trading on Tuesday after the pork giant said its fresh pork segment will swing to an adjusted operating loss in Q3, a...
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Novartis Faces Setbacks in Pipeline Tension
A neuromuscular drug candidate acquired through Novartis’s (NVS) $12 billion Avidity Biosciences deal missed its late-stage primary endpoint, compounding a difficult stretch...
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Ionis Secures FDA Nod for First Alexander Therapy
Ionis Pharmaceuticals (IONS.O) secured the first FDA approval for Alexander disease on Thursday, with analysts projecting the injectable therapy could reach $295 million in peak...
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Nestlé Invests Heavily in Brazil Infant Formula Sector
Nestlé (NESN.S) said Thursday it will commit 2 billion reais ($392.73 million) to its Brazilian nutrition and health division through 2028, anchored by a new infant formula factory...
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