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China's push for innovation amid tariffs and semiconductor challenges
The US and EU have imposed significant tariffs on Chinese electric vehicle imports, raising concerns about China's overcapacity in the sector. Meanwhile, MIC2025 aims to enhance China's renewable energy and biopharmaceutical industries, with notable advancements in solar cell production and drug development, despite challenges in semiconductors and machine tools. As the end of MIC2025 approaches, China is expected to focus on high-tech goals and strengthen its position in global supply chains.
Roche receives approval for subcutaneous Ocrevus for multiple sclerosis treatment
Roche's Ocrevus has received approval from Swissmedic for a subcutaneous formulation, allowing for administration as a twice-yearly injection. Previously, the drug was only available as an intravenous infusion for treating relapsing and primary progressive multiple sclerosis. Following the announcement, Roche shares saw a slight increase of 0.12 percent, reaching 249.50 Swiss francs.
foreign medical firms forge partnerships to enhance healthcare in china
At the recent China International Import Expo, multinational medical firms forged partnerships with local entities to enhance China"s healthcare landscape. Notable collaborations included EssilorLuxottica"s agreements to improve optical product manufacturing, Boehringer Ingelheim"s initiative to advance ischemic stroke treatment, and Roche"s launch of a pediatric healthcare exchange platform. Additionally, Shanghai Henlius Biotech partnered with Saudi Arabia"s SVAX to expand its global reach and improve access to affordable medical solutions.
pharmaceutical industry struggles to improve access to medicine in low-income countries
Pharmaceutical companies are increasingly focusing on access to medicines in low-income countries, with Novartis leading the way by integrating access plans into 96% of its late-stage drug projects. However, many companies still prioritize the US market, resulting in limited availability of essential medicines globally. Roche aims to double patient treatment numbers in low-income regions by 2026, yet significant gaps in transparency and patient reach persist across the industry.
regenerative medicine market projected to reach 349 billion by 2033
The global regenerative medicine market is projected to grow from USD 31.90 billion in 2023 to USD 349.93 billion by 2033, with a CAGR of 27.06%. Cell therapy leads in market share, while musculoskeletal conditions are expected to grow the fastest. North America dominates the market due to advanced healthcare infrastructure and increased funding for research and development.
Merck"s under-the-skin Keytruda shows promise in Phase 3 trial
Merck"s experimental under-the-skin injection of Keytruda demonstrated comparable characteristics to the intravenous version in a Phase 3 trial, prompting plans for discussions with regulators. With the IV formulation"s U.S. patent set to expire in 2028, Merck aims to sustain revenue from its leading cancer drug, which generated nearly $22 billion in sales in 2024. The subcutaneous version could offer greater convenience and is protected by new patents, but timely approval is crucial to fend off emerging biosimilar competition.
healthcare nanotechnology market projected to reach 391 billion by 2028
The global Healthcare Nanotechnology Market is projected to grow from USD 205.85 billion in 2021 to USD 391.04 billion by 2028, with a CAGR of 9.6%. The comprehensive report analyzes key growth factors, competitive landscape, and regional dynamics, featuring major players like Amgen, Roche, and Pfizer. It includes detailed insights on market segmentation, trends, and strategic factors influencing the industry.
health stocks plunge after trump appoints vaccine skeptic as health secretary
Health stocks have plummeted following Donald Trump's appointment of vaccine skeptic Robert F. Kennedy Jr. as health secretary, with Moderna, Pfizer, and GSK experiencing significant losses. The decline has affected US-exposed European healthcare stocks as well, amid growing uncertainty in the vaccine industry. Analysts have downgraded their outlooks on vaccine stocks, reflecting concerns over Kennedy's stance on vaccines and potential policy changes.
swiss stock market faces downturn amid us interest rate concerns
The Swiss stock market remains in a bearish trend, with the SMI Guiding Values Index down 1.08% to 8174.97 points, influenced by concerns over potential U.S. interest rate hikes. Major banks like UBS and Credit Suisse faced significant losses, while defensive stocks like Nestlé and Novartis attempted to mitigate the downturn. Kudelski saw a positive turn with a court victory against China's Gotech, while Adienne announced plans to enter the stock market without further details.
swiss stock exchange declines as investors react to us interest rate concerns
The Swiss stock exchange closed lower, with the SMI down 0.70% at 8206.20 points, following concerns over potential U.S. interest rate hikes. Major banks like UBS and Credit Suisse faced significant losses, while defensive stocks like Nestlé and Novartis attempted to mitigate the downturn. Market experts anticipate a turbulent period ahead after recent volatility in U.S. markets.
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