ADARx Pharmaceuticals Raises $446.3 Million in Upsized US IPO
ADARx Pharmaceuticals raised $446.3 million in an upsized US initial public offering, pricing 26.3 million shares at $17 each, the top end of its marketed range. The San Diego-based biotech had initially planned to...
Electra Therapeutics Targets Up to $978 Million Valuation in U.S. IPO
Drug developer Electra Therapeutics is targeting a valuation of up to $977.6 million in its U.S. initial public offering, according to a filing on Monday, adding to a broader recovery in biotech listings this...
Bayer’s Monsanto Seeks Court Approval for $7.25 Billion Roundup Settlement
Bayer’s Monsanto unit is set to appear before a Missouri state court on Monday seeking final approval of a proposed $7.25 billion settlement aimed at resolving tens of thousands of U.S. lawsuits alleging that...
V. P. Nandakumar: From Village Roots to Humanitarian Impact
A village-born financier, a global Lions gift and the long argument that prosperity must enrich the soil beneath it. Valapad, Thrissur — In July 2026, Lion V. P. Nandakumar, Chairman and Managing Director of...
Manappuram Unique Times Business Summit 2026 Charts a New Path for Tourism
The Unique Times Business Summit 2026, presented by Manappuram Finance Ltd and organized by Pegasus Global Pvt. Ltd., was successfully held on August 9, 2026, at Le Méridien Kochi. Powered by FICF, INMECC, Alcazar...
Glanbia Raises Annual Profit Forecast as Protein Demand Surges
Nutrition supplement maker Glanbia has raised its full-year profit forecast after strong demand for its protein products boosted first-half earnings. The Irish company now expects adjusted earnings per share to grow between 17% and...
GSK to Invest £400 Million in UK R&D Expansion
British pharmaceutical company GSK announced a £400 million investment over the next three years to strengthen its UK operations, including relocating its research and development activities to a new Cambridge facility. The move is...
U.S. Launches $5 Billion AI Initiative to Accelerate Scientific Research
The Trump administration has announced a $5 billion initiative to tackle long-standing scientific challenges using artificial intelligence across multiple fields. The program will involve 15 federal agencies, including the Departments of Health and Human...
Trump Administration Pauses $1 Billion in Medicaid Payments to California, Minnesota
The Trump administration has temporarily halted nearly $1 billion in federal Medicaid payments to California and Minnesota, citing suspected fraud and noncompliance. U.S. Health Secretary Robert F. Kennedy Jr. announced the move alongside Centers...
Novo Nordisk Sues Eli Lilly Over Weight-Loss Drug Advertising
Novo Nordisk has filed a lawsuit against rival Eli Lilly in a U.S. federal court, accusing the American pharmaceutical company of misleading advertising by claiming its weight-loss drugs outperform Novo’s treatments. The lawsuit, filed...