The head of German pharmaceutical company BioNTech said Monday that there is no need to waive patents on coronavirus vaccines because manufacturers will be able to produce enough shots to supply the world over the coming year. Ugur Sahin, the chief executive of BioNTech, rejected the U.S.-backed proposal to temporarily lift some intellectual property rights […]
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Selling vaccines during a pandemic has boosted Pfizer’s bottom line and proven that a strategy it embarked upon over a decade ago is now paying off handsomely. The New York-based pharmaceutical giant reported Tuesday that it earned $4.9 billion in the first three months of the year and it dramatically raised its profit forecast for […]
The Treasury Department on Thursday slapped six Russian technology companies with sanctions for supporting Kremlin intelligence agencies engaged in “dangerous and disruptive cyber attacks.” But only one of them stands out for its international footprint and partnerships with such IT heavyweights as Microsoft and IBM. That company, Positive Technologies, claims more than 2,000 customers in […]
In a stinging rebuke to pharma giant AstraZeneca Wednesday, the European Union announced plans to negotiate a massive contract extension for Pfizer-BioNTech’s COVID-19 vaccine insisting the 27-nation bloc had to go with companies that had shown their value in the pandemic. “We need to focus on technologies that have proven their worth,” said EU Commission […]
United Airlines is setting a course toward a sustainable future with the launch of its Eco-Skies Alliance – working with the airline, more than a dozen leading global corporations will collectively contribute towards the purchase of approximately 3.4 million gallons of sustainable aviation fuel (SAF) this year. With its nearly 80 percent emissions reductions on a […]
A top official at the European Medicines Agency says there’s a causal link between AstraZeneca’s coronavirus vaccine and rare blood clots, but that it’s unclear what the connection is and that the benefits of taking the shot still outweigh the risks of getting COVID-19. Marco Cavaleri, head of health threats and vaccine strategy at the […]
In a MedTech first for the Mediterranean country of Lebanon, a team from the American University of Beirut (AUB) has established a biotech corporation in the U.S. devoted research on biomarkers for cardiovascular disease. The school told Inside Telecom that team physicians and scientists from AUB have founded the first US-based biotech S-Corporation, Teucer Biotech […]
Over the course of the past year, health has been nudged into the limelight due to the rampant spread of the COVID-19 pandemic, as it commanded the global news cycle on a daily basis. But while the worldwide economy suffered, the ripple affect caused by the screeching halt of in-contact interactions, many looked at this […]
ANALITICO is a newly established ICT company offering customized solutions for the telecoms and IT sector and providing full Digital Transformation services. Inside Telecom sat down with the VP of ANALITICO Raghid Charara, and the company’s VP of Business Development Khaled Chatila for a closer look into their work and the prospects offered by the […]
The global vaccine, storage, and packaging market size in anticipated to hit $43.3 billion by 2027 and a 10 percent growth rate during over the forecast period, 2020 to 2027, according to market intelligence firm Million Insights. The rising number of investments undertaken by biopharmaceutical companies and healthcare institutions to carry out R&D is projected […]