Novo Nordisk parent buys US drug firm for $16.5bn to expand Wegovy supply | Pharmaceuticals industry
The explosion in demand for the weight-loss drug Wegoby has prompted the holding company of its maker, Novo Nordisk, to buy the US-based drug giant for $16.5 billion ($12.70) and end its production capacity. Novo Holdings has acquired New Jersey-based pharmaceutical company Catalent, which it plans to immediately sell three of its locations in the […]
Trucker warns danger of electric vehicle push: ‘Catastrophic’ supply chain risk
Trucking companies are warning of new challenges facing not only their industry but the economy as a whole as Biden pushes for green energy policies. In an interview on FOX Business’ “The Big Money Show,” Mike Kucharski, co-owner of JKC Trucking, said that although he supports green energy integration, he finds the EPA’s new regulations […]
Airbnb eyes increasing housing supply, driving down prices
Airbnb is launching an initiative to consider how to address the national issue of housing affordability, with a focus on increasing supply and lowering prices. The company announced Wednesday. Establishment of new housing councilchaired by former Baltimore Mayor Stephanie Rawlings-Blake, who is also president of the U.S. Conference of Mayors. The council will advise the […]