Pfizer to scale down early-stage rare disease research

US pharma giant Pfizer Inc. said on Thursday it is planning to realign its early-stage research into treatments for rare diseases and oncology, to focus on areas like rare and benign hematology. Pfizer will also move away from having a rare disease research unit to align important rare disease programs to areas across its research units. “We are refocusing our approach to early discovery and development research in rare disease and oncology,” a spokesperson said in a statement to Reuters, adding that the company will explore externalization […]

Twitter suspends several journalists, Musk cites ‘doxxing’ of his jet

Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about its new owner Elon Musk, with the billionaire tweeting that rules banning the publishing of personal information applied to all, including journalists. Responding to a Tweet on the account suspensions, Mr. Musk, who has described himself as a free speech absolutist, […]

US House panel chair says she’ll subpoena FTX’s Bankman-Fried if needed

House Financial Services Committee Chairwoman Maxine Waters told Reuters on Thursday that she is prepared to subpoena FTX founder Sam Bankman–Fried if he does not agree to appear before the panel next week and she is working out the best way to do it. “We’ve made it clear that we want Sam at our hearing on Dec. 13. If he does not cooperate, […]

Peso inches lower vs the dollar

THE PESO moved sideways against the dollar on Thursday after the central bank delivered an aggressive rate increase to rein in rising inflation. — BW FILE PHOTO THE PESO moved sideways against the dollar on Thursday as the Bangko Sentral ng Pilipinas (BSP) delivered a widely expected 75-basis-point (bp) rate increase to fight inflation. The […]