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Pharmaceutical companies in the limelight
PHARMACEUTICAL companies continue to enjoy investor attention on increasing Covid-19 vaccine hopes and the positive newsbytes have turbo-charged the industry.
RHB Research upgrades Duopharma to Buy with RM4 target price
KUALA LUMPUR: RHB Research has upgraded Duopharma Biotech to Buy from Sell with a new discounted cashflow-derived target price of RM4 from RM3.30 on the clarity of its Covid-19 vaccine participation in Malaysia.
Insight - Self-isolation support
THE world is still struggling to handle the savaging Covid-19 pandemic and the deep economic recession caused by massive lockdown measures as we start the year 2021.
Top maker of mini motors bets it can win over Tesla
Nidec says it can make key component for EVs cheaper
Musk says it is ‘impossible’ to take Tesla private, mulls new IPO
NEW YORK: Billionaire Elon Musk said it’s "impossible” to take Tesla Inc. private now even though he would have liked to spend more time on innovation.
Drugmakers expect tests to confirm vaccines effective against new coronavirus variant
ZURICH/FRANKFURT: At least four drugmakers expect their COVID-19 vaccines will be effective against the new fast-spreading variant of the virus that is raging in Britain and are performing tests that should provide confirmation in a few weeks.
Roche joins Moderna to include antibody test in vaccine trial
ZURICH: Roche is partnering with Moderna to include a Covid-19 antibody test in the mRNA specialist’s ongoing vaccine trials, the Swiss drugmaker said, potentially demonstrating if the vaccine is working.