Gilead Sciences Inc.'s $5.1 billion investment in Galapagos NV propelled the Belgian biotechnology company's stock to a record while sending a positive signal to the rest of the sector in Europe, where the industry has lagged the U.S. The amount Gilead is investing tops the $4.7 billion that has flowed to European pharma and biotech companies this year in mergers, acquisitions and share investments. It compares with a whopping $240 billion in the U.S., a number that was boosted by a handful of mega deals, Bloomberg data shows. "I hope it puts the whole European biotech sector in a different light," Onno van de Stolpe, Galapagos's founder and chief executive officer, said in a telephone interview. "It's massive funding." U.S. investors have been more willing to finance early and mid-stage drug development, leading to the creation of biotech centers in Boston, San Francisco and other areas that are unrivaled in Europe. The U.K.'s Life Science Strategy, released in 2017, acknowledged the … [Read more...] about Gilead in $5.1bn Galapagos biotech deal
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The €3bn State investment in the controversial National Broadband Plan has been labelled “the worst deal ever seen” after it emerged that the private operator chosen to deliver it will only invest €200m equity in it.Opposition leaders and TDs lambasted the Government after it was revealed that Granahan McCourt’s investment will be just one-15th of the State’s, yet the consortium, and not the taxpayer, will own the asset at the end of 25 years. Finance Minister Paschal Donohoe said the deal was “the best option open to the State” and urged the Opposition to say how they would do it better and cheaper.“I believe it is the best option open to the State to deliver 100% coverage in a way that protects us from risk,” he said. “If the Opposition believes there is an alternative way, it is incumbent on them to spell it out.”He was speaking after Agriculture Minister Michael Creed let slip that Granahan McCourt’s … [Read more...] about National Broadband Plan labelled ‘the worst deal ever seen’
Dozens of hopeful homeowners are crowded around a stall, excitedly clutching hand-drawn plans for their dream properties. A team of experienced builders is hosting an 'ask the expert' session and those queuing are desperate for help getting projects off the ground. They are among 30,000 budding DIY housebuilders who have descended on The Homebuilding & Renovating Show at Birmingham's National Exhibition Centre. Inspired by hit TV shows such as Kevin McCloud's Grand Designs, they are hoping to pursue the dream of building their own home. House proud: Designing and building your own home is a booming business. Last year, so-called self-builders made around 15,000 homes The atmosphere is buzzing. There are a handful of families and young couples, but most visitors are in their 50s and 60s. Hundreds of stalls are selling Scandinavian and Alpine lodge-style homes, design and building services and renewable energy heating. There are workshops on everything from finding land and applying … [Read more...] about Could YOU be a Grand Designer?
A heartbroken husband is urging couples to always seek a second opinion on ovarian cysts.Philip Sagar, of Main Street, Tallington makes the plea after his wife Jane died two weeks ago aged 67 after a near-five year fight against ovarian cancer.Jane underwent a variety of treatments, including chemotherapy, radiology and using ground-breaking procedures such as cyberknife and brachytherapy and immunotherapy drugs which the couple had to pay towards as they weren’t available on the NHS.However, Philip said: “We made the fatal mistake of trusting the first consultant. I will never forgive myself.”The tragic saga began in 2013 when for Philip’s 60th birthday, the couple were given two half-price LIFE CT scans as a present.They found Jane had a 6.5cm ovarian cyst, which was confirmed in a follow-up scan three months later. However, the cyst had not changed and the consultant did not warn of any cancer risk even though he reviewed Jane twice over six months and … [Read more...] about Heartbroken husband’s plea: ‘Seek a second opinion on ovarian cysts’
0 Have your say Leeds-based BigChange has announced the signing of former England football captain and manager Kevin Keegan OBE as an ambassador and the first coach of its new club for entrepreneurs. Keegan, inset, who won 63 international caps for England and captained his country on 31 occasions before moving into football management, will play an active role in the BigChange Entrepreneurs’ Club, a new initiative from the company to help company owners develop their leadership skills and improve business performance.The club provides a forum for the owners of organisations that work with BigChange to meet and discuss ideas with like-minded entrepreneurs once a quarter. Keegan will support BigChange’s efforts by providing leadership coaching and mentoring to members.He believes that his experience in top-flight football will inspire a premier level of performance among the club’s members and help them achieve more business goals.He said: … [Read more...] about Keegan signs latest deal with BigChange