United Kingdom

Ludwig Burger

Delivery Hero leaps on $4 billion food app deal to buy South Korea's Woowa

13 Dec 2019

SEOUL/FRANKFURT Germany's Delivery Hero agreed a $4 billion deal to buy South Korea's top food delivery app owner Woowa Brothers, ratcheting up consolidation in the industry as it expands in Asia's fast-growing but crowded market.

FDA probes diabetes drug metformin for carcinogen NDMA

06 Dec 2019

The U.S. Food and Drug Administration and other healthcare regulators are investigating whether diabetes drug metformin had contaminations of a cancer-causing chemical that prompted a recall of a commonly used heartburn medication this year.

GSK sees breakthrough in shingles vaccine output in 2024

15 Nov 2019

WAVRE, Belgium GlaxoSmithKline said further growth from its shingles vaccine, which has boosted earnings, would be reined in by limited capacity until 2024, but a new bioreactor facility would then be ready to bring a step change in production.

Stada buys Takeda drug bundle to boost Russia business

05 Nov 2019

Germany's Stada on Tuesday agreed to purchase over-the-counter and prescription drugs units from Japan's largest drugmaker Takeda for $660 million (£512 million), part of two deals that boost its Russian and Eastern European footprint.

Novartis arthritis drug falls short in challenge to global bestseller

01 Nov 2019

ZURICH/FRANKFURT Novartis said a trial fell short of producing statistical evidence that its anti-inflammatory drug Cosentyx can beat the world's best-selling drug Humira in treating a type of arthritis.

Bayer says U.S. glyphosate plaintiffs more than double since July

30 Oct 2019

FRANKFURT Germany's Bayer is now facing 42,700 U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer, more than twice the tally in July and potentially raising any future settlement. | Video

Prozesslawine überrollt Bayer - Rund 42.700 Glyphosat-Kläger

30 Oct 2019

Frankfurt Bayer wird von einer immer größeren Prozesslawine wegen des Unkrautvernichters Glyphosat überrollt.

BASF operating profit dives 24% as trade disputes weigh

24 Oct 2019

FRANKFURT Operating income at Germany's BASF dropped 24% during July-September as uncertainty over trade disputes weighed on prices for its basic petrochemicals and foam ingredients.

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