MedTech

EU regulator authorizes Pfizer's COVID vaccine for kids 5-11

The European Union’s drug regulator on Thursday authorized Pfizer’s coronavirus vaccine for use on children from 5 to 11 years old, clearing the way for shots to be administered to millions of elementary school pupils amid a new wave of infections sweeping across the continent. It is the first time the European Medicines Agency has […]

AstraZeneca opens research center as UK builds science hub

Prince Charles will be on hand Tuesday when pharmaceutical company AstraZeneca opens a 1 billion-pound ($1.34 billion) research center near the University of Cambridge, hoping to build on work in developing one of the first COVID-19 vaccines. The 19,000 square-meter (more than 200,000 square-foot) complex will house more than 2,200 research scientists. It joins a […]

What is the difference between Biotech and Pharma?

The merger between medicine and technology has been on the rise for quite some time, and exponential development in integrating the digital world with the medical one has grown on various frontiers. So, what is the difference between Biotech and Pharma? Biotechnology companies focus on producing medicine originated from living organisms, while pharmaceutical medications are […]

UK becomes first country to approve oral pill treating COVID-19

The UK’s medical regulator approved on Thursday the first oral pill treating COVID-19 developed by U.S.-based pharmaceutical companies Merck, Sharp and Dohme, and Ridgeback Biotherapeutics, with the government ordering 480,000 courses due for delivery in November. The pill, called Molnupiravir, will be administered to those recently diagnosed with the virus twice a day. The pill […]

Pfizer says COVID-19 pill cut hospital, death risk by 90%

Pfizer Inc. said Friday that its experimental antiviral pill for COVID-19 cut rates of hospitalization and death by nearly 90% in high-risk adults, as the drugmaker joins the race to bring the first easy-to-use medication against the coronavirus to the U.S. market. Currently all COVID-19 treatments used in the U.S. require an IV or injection. […]

Amid US sanctions, Huawei highlights uses for 5G technology

China’s Huawei Technologies Co. is providing smart services and 5G technology to industries such as healthcare, creating new revenue streams that might offset the damage to its smartphone business from U.S. sanctions. In the southern city of Guangzhou, the company teamed up with the Guangdong Second Provincial General Hospital to equip it with 5G technology […]

Indonesia first to green light Novavax COVID-19 vaccine

Biotechnology company Novavax said Monday that Indonesia has given the world’s first emergency use authorization for its COVID-19 vaccine, which uses a different technology than current shots. The vaccine doesn’t require the extremely cold storage temperatures that some other vaccines need, which could allow it to play an important role in boosting supplies in poorer […]

Pfizer says COVID-19 vaccine more than 90% effective in kids

Kid-size doses of Pfizer’s COVID-19 vaccine appear safe and nearly 91% effective at preventing symptomatic infections in 5- to 11-year-olds, according to study details released Friday as the U.S. considers opening vaccinations to that age group. The shots could begin in early November — with the first children in line fully protected by Christmas — […]

VEON’s Beeline and Leading Medical Institute Join Forces to Redefine Future of Medical Diagnostics Through AI

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced on October 12, that its mobile operator in Russia, Beeline, has signed an agreement with Sechenov University to create an Artificial Intelligence (AI) Laboratory for research and development into new technology solutions for healthcare, aiming to simplify and accelerate high-precision diagnostic.  The new AI Laboratory will see data scientists and doctors collaborate on research and development of predictive medicine solutions in traumatology and oncology. Over 120 professionals from Beeline and Sechenov […]

UN endorses world's 1st malaria vaccine as 'historic moment'

The World Health Organization on Wednesday endorsed the world’s first malaria vaccine and said it should be given to children across Africa in the hope that it will spur stalled efforts to curb the spread of the parasitic disease. WHO Director-General Tedros Adhanom Ghebreyesus called it “a historic moment” after a meeting in which two […]