Health

U.S.-based multinational biotechnology organization Thermo Fisher Scientific Inc. is reportedly planning to enter into a definitive agreement to purchase Mesa Biotech Inc. for USD 550 million.

Under the agreement, Thermo Fisher Scientific will be paying around USD 450 million in cash, with an additional USD 100 million after the closure of the transaction, following certain milestones and regulatory approvals.

For the uninitiated, Mesa Biotech is a California-headquartered company that focuses on manufacturing and commercializing next-generation rapid molecular diagnostic tests. The organization aims at providing actionable information

E-commerce and technology giant, Amazon Inc., is reportedly offering incoming U.S. President Joe Biden, and his administration, its help and logistical support to expedite the COVID-19 vaccine distribution process, including to the company’s own employees.

In an official letter dated Wednesday 20^th Jan 2021, incoming Amazon retail unit chief executive officer, Dave Clark, congratulated the new U.S. President, Joe Biden, as well as Vice President, Kamala Harris. Clark further reiterated a request that Amazon had made to the United States Centers for Disease Control and Prevention a month ago, requesting that after the frontline workers, the company’s

Leading medical and pharmaceutical company Johnson & Johnson has reportedly announced that its COVID-19 vaccine Ad26.COV2.S has stimulated immune response with just a single dose. According to new clinical data, the company’s vaccine candidate was able to provoke immune response that lasted for over two months, or 71 days, among 805 trial participants.

Reportedly, other approved vaccines for COVID-19 from Pfizer and Moderna involve two inoculations within a few weeks for full benefit and receiving only single shot would result in lesser immunity.

Johnson & Johnson has claimed that only one shot of its Ad26.COV2.S vaccine e

British Prime Minister Boris Johnson has reportedly taken a vow to open fifty mass Covid Vaccination centers across the UK by next month. In an apparent race to remove lockdowns across the country, several regional centers are set to be set up for helping the Prime Minister achieve his target of providing the vaccinations to 14 million British residents by middle of February.

Speaking on the vaccination program, Matt Hancock, The UK Health Secretary, stated that every adult in the country is intended to receive the Covid vaccine by autumn with 200,000 residents already getting vaccinated each day.

It has been reported that the first sev

Following the disclosure of potential irregularities in the cooling of Pfizer/BioNTech vaccine shot, the vaccination drive against COVID-19 has reportedly faced delays in several cities in Germany. Based on the new mRNA technology, the Pfizer vaccine must be stored at ultra-low temperatures of nearly -112 degrees F (-70 degrees Celsius) for staying effective before being shipped to distribution centers, add sources with knowledge of the matter.

As per reports, the European Union rolled out a mass coronavirus vaccination campaign on Sunday, where medics and pensioners lined up for obtaining the first shots for combating the pandemic that has disrupted economies, claiming ov

The transaction is anticipated to be completed by the end of 2021

American exercise equipment & media company, Peloton has reportedly announced its acquisition of home and commercial-grade fitness equipment maker, Precor for a sum of $420 million. According to reports, the acquisition will enable Peloton to utilize Precor’s 625,000 feet manufacturing space, split between Woodinville, Washington, and Whitsett, North Carolina, for producing new Peloton Bikes and Treads.

For that record, Peloton was comparatively ill-equipped for handling the new pandemic-driven demand, even after setting up a new factory in Taiw

The EU drug regulator has reportedly pushed forward its ruling on the COVID-19 vaccine developed by Pfizer/BioNTech as Germany has made itself heard that it expects the vaccine to get an approval before Christmas.

As per credible sources, the growing backlash from the EU countries has urged the Amsterdam-based European Medicines Agency (EMA) to hold their meeting regarding the authorization of the shot on 21^st December instead of the initial 29^th December. Commenting on the matter, Jens Spahn, Health Minister for Germany has stated that the body risked losing the trust of EU citizens if it failed to take fast action. Spahn further stated that the

Scientists at Latvia University of Life Sciences and Technologies (LLU) have taken keen interest in studying the progression of coronavirus in cats, after it was discovered that not a single cat in Latvia has tested positive despite many possessing antibodies. For the record, cats are the most popular pet in Latvia, which has the second highest percentage of cat ownership per household per capita across Europe.

Reportedly, felines, from domestic cats to big cats like lions, can catch COVID-19, however, they seem to recover at a very fast rate as compared to humans. Subsequently, not a single cat in Latvia has tested positive for the virus. However, many have been

Uber Technologies Inc., an American ridesharing company, has reportedly sent letters to various U.S. state governors requesting them to reclassify its food delivery and ride-hail drivers as essential workers and get early access to the COVID-19 vaccine.

Sources with knowledge of the matter stated that the company will also send a letter to the President of United States Joe Biden.

The recent development comes after Uber had sent similar requests to U.S. Centers for Disease Control and Prevention. Uber reportedly claimed that each of the 1.5 million U.S. drivers have made at least three trips since the outbreak of COVID-19 in March.