News in Numbers
CooperCompanies terminated its $875 million takeover of Cook Medical’s reproductive health business due to regulatory opposition. The FTC said ending the planned takeover “ensures that critical reproductive health markets remain competitive.”
Life Sciences Foreign Direct Investment in the UK fell to €1 billion in 2022, a 47% drop compared to €1.9 billion in 2021, as per a government report.
A new World Health Organization (WHO) report highlights that 5.6 billion people – 71% of the world’s population – are now protected with at least one best practice policy to help save lives from deadly tobacco – five times more than in 2007.
The CDC reported that between 2010 and 2022, there were more than 110,000 suspected cases of alpha-gal syndrome identified. Alpha-gal is a sugar found in meat from mammals which can cause a serious allergic condition.
Reed Jobs, the son of Steve Jobs, is launching a $200 million, oncology-focused venture firm called Yosemite. The San Francisco-based VC will invest in early-stage companies and provide philanthropic grants to academic researchers.