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Novartis' Zolgensma study halted by FDA amid safety questions

October 30, 2019 admin Comments Off on Novartis' Zolgensma study halted by FDA amid safety questions

U.S. regulators have halted a trial of Novartis’s Zolgensma treatment after an animal study raised safety concerns, the company said on Wednesday, in a setback for the drugmaker’s plan to expand its use to older patients. The U.S. Food and Drug Administration’s partial hold on the so-called STRONG trial impacts patients aged up to five with spinal muscular atrophy (SMA) who were to receive a higher dose of the gene therapy via a spinal infusion. The hold was issued after Novartis told health authorities about the animal study’s findings that showed dorsal root ganglia (DRG) mononuclear cell inflammation, …read more […]

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UPDATE 1-Buoyant networks keep Iberdrola on track for 2019 net profit goals

October 30, 2019 admin Comments Off on UPDATE 1-Buoyant networks keep Iberdrola on track for 2019 net profit goals

Spanish renewable energy giant Iberdrola on Wednesday reiterated its double-digit net profit growth guidance for the whole year, supported by a resilient power network business in Brazil and the United States as well as higher offshore wind output. Supplying energy to more than 30 million people in Spain, the United States, Brazil and Britain, Iberdrola raked in core earnings before interest, tax, depreciation and amortisation (EBITDA) of 7.5 billion euros ($8.33 billion). …read more […]

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U.K. Election Prospect Has Market Players Scratching Their Heads

October 30, 2019 admin Comments Off on U.K. Election Prospect Has Market Players Scratching Their Heads

(Bloomberg) — Prime Minister Boris Johnson may be trying to break the logjam over the departure from the European Union with a general election, but for the market players the vote is another cause of uncertainty.On Tuesday after the market closed, Johnson won crucial votes in the House of Commons for the general election on Dec. 12, which now needs to be approved by the House of Lords. The benchmark FTSE 100 Index and the mid-cap FTSE 250 Index were little changed in early London trading. They fell yesterday after it became clear the opposition Labour Party backed an election.Here’s …read more […]

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Lead China, U.S. trade negotiators will speak again soon: China foreign ministry

October 30, 2019 admin Comments Off on Lead China, U.S. trade negotiators will speak again soon: China foreign ministry

China’s Foreign Ministry said on Wednesday that lead China and U.S. trade negotiators will speak again soon after a U.S. administration official said an interim trade agreement between the United States and China might not be completed in time for signing in Chile next month as expected.

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