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ubs and hsbc capitalize on india's booming ipo market for wealth management
UBS and HSBC are capitalizing on India's booming IPO market by expanding their wealth management services, reflecting strong confidence in the country's financial landscape. As investor interest surges, UBS is cautiously assessing its growth strategy, while Novartis monitors US tariff policies that could impact the pharmaceutical sector. This trend underscores the interconnectedness of global markets and the importance of emerging economies in investment strategies.
Molecular Partners and Orano Med expand partnership for targeted cancer therapies
Molecular Partners and Orano Med are expanding their collaboration on targeted cancer therapies utilizing the radioisotope lead-212 (212Pb). The new agreement includes four research programs, with each company holding marketing rights for two programs, and initial human studies for the ML0712 treatment are set to begin next year. Despite this expansion, there will be no immediate impact on the financial outlook for 2024, as Molecular Partners maintains its financing forecasts through 2027.
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