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UBS maintains buy rating for Novartis with price target of 111 francs

UBS has maintained its "Buy" rating for Novartis, setting a price target of 111 francs. Analyst Matthew Weston noted that the pharmaceutical company's new medium-term targets reflect strong confidence, significantly exceeding market consensus.
09:28 21.11.2024

vartis ag reports strong sales across diverse therapeutic areas and regions

Novartis AG is a leading global pharmaceutical company, with sales primarily in oncology (29.9%), immunology (17.2%), and cardiovascular, renal, and metabolic diseases (14.1%). By the end of 2023, it will operate 33 production sites worldwide, with sales distributed across Europe (33%), the USA (39.5%), Asia-Africa-Australasia (20.5%), and Canada and Latin America (7%).
09:14 21.11.2024

global pediatric healthcare market poised for significant growth through 2032

The Global Pediatric Healthcare market is projected to grow from $175.6 billion in 2024 to $290 billion by 2032, with a CAGR of 6.5%. Key players include Abbott, Pfizer, and Merck, focusing on pharmaceuticals, nutrition, medical devices, and vaccines across various applications like hospitals and homecare. The market is expanding rapidly in the Asia-Pacific region, while North America remains the dominant market.

ura and dexcom partner to enhance metabolic health tracking for users

Eli Lilly"s experimental cholesterol pill, muvalaplin, has shown promising results in a mid-stage trial, significantly reducing levels of lipoprotein(a), a genetic risk factor for heart disease. The highest dose decreased Lp(a) by 70% compared to placebo, with a favorable safety profile. Analysts suggest the drug could become a blockbuster if it proves effective in preventing cardiovascular events in future trials.

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.

global hashimoto thyroiditis market projected to reach 12.6 billion by 2033

The global Hashimoto"s thyroiditis market is projected to grow from $8.3 billion in 2023 to $12.6 billion by 2033, with a CAGR of 4.26%. North America is expected to dominate the market, while Asia-Pacific will experience the fastest growth due to rising healthcare awareness and improved infrastructure. The tablet segment will hold the largest market share, driven by convenience and patient compliance.

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.

Swiss companies commit to science based targets for CO2 reduction

A total of 224 Swiss companies have committed to CO2 reduction targets aligned with the Paris Climate Agreement by joining the Science Based Targets initiative (SBTi). This includes major corporations like ABB, Givaudan, and Nestlé, with over 80 new members since the start of the year. Only three companies have withdrawn from the initiative.

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.
18:34 15.11.2024

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.
17:32 15.11.2024
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