Feb 9 (Reuters) - Eli Lilly will buy therapy developer Orna Therapeutics for up to $2.4 billion in cash, the companies said on Monday.
This marks the latest in the string of deals the U.S. drugmaker has signed over the last few months to diversify beyond obesity.
The biotech is developing a new class of therapies that use a form of RNA called circular RNA, along with novel lipid nanoparticles to allow the patient's own body to... (continue reading...)
COPENHAGEN, Feb 9 (Reuters) - Novo Nordisk said on Monday it has filed a lawsuit against U.S. telehealth company Hims & Hers for infringing on the Danish group's patents.
"Novo Nordisk is asking the court to permanently ban Hims from selling unapproved, compounded drugs that infringe our patents, and is seeking to recover damages," the Danish drugmaker said in a statement.
The move comes after Hims on Saturday cancelled the... (continue reading...)
By Mike Dolan
Feb 9 -
What matters in U.S. and global markets today
By Mike Dolan, Editor-At-Large, Finance and Markets
Asian stocks climbed on Monday after Japanese Prime Minister Sanae Takaichi’s thumping election win on Sunday left her poised to enact a raft of expansionary fiscal measures.
Wall Street futures held steady after a sharp chipmaker-led rebound on Friday. Attention now shifts to... (continue reading...)
By Rajendra Jadhav and Mayank Bhardwaj
NEW DELHI, Feb 9 (Reuters) - The United States and India have released an interim framework for a trade deal, paving the way for an agreement that would lower tariffs, reconfigure energy ties and deepen economic cooperation as both seek to realign global supply chains.
The India–U.S. joint statement suggested that New Delhi pushed back against Washington's efforts to broadly open its agricultural... (continue reading...)
LONDON, Feb 9 (Reuters) - British Prime Minister Keir Starmer told his staff on Monday that politics should be a force for good and emphasised the importance of moving forward, following the resignation of his chief of staff and director of communications.
Starmer's top aide Morgan McSweeney quit on Sunday over his role in backing Peter Mandelson over his known links to Jeffrey Epstein. His director of communications Tim Allan resigned earlier... (continue reading...)
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