The public investment fund, or pif, is making groundbreaking strides toward diversifying the nation's economy, in a bid to reduce reliance on oil sales. The PIF has announced the launch of Lifera, which is aimed at revolutionizing the pharmaceutical industry. Lifera, created by the PIF, aims to attract local and international pharmaceutical and biotech companies to invest in drug manufacturing

Saudi Arabia's sovereign wealth fund enters pharmaceutical

Pfizer on Monday announced a deal to buy Seagen Inc in a $43 billion deal that brings together one of the world's top US-based pharmaceutical companies and the American biotech firm pioneering cancer medicines.

Pfizer to acquire US biotech firm Seagen for $43 billion to accelerate fight against cancer

British pharmaceuticals group AstraZeneca, which is finalising a vaccine against Covid-19, said Saturday it was buying US biotech firm Alexion for $39 billion to boost its work on immunology.

AstraZeneca to buy US biotech firm Alexion for USD 39 billion 

As the United Kingdom began administering people with the Pfizer-BioNTech vaccine, foreign delegates from more than 60 countries on Wednesday arrived in Hyderabad to visit leading biotech companies in India which are developing COVID-19 vaccines.

64 foreign envoys arrive at Bharat Biotech facility in Hyderabad that is developing Covid-19 vaccine

biotech-companies

Biotech Companies, News on Biotech Companies, stories on Biotech Companies, articles on Biotech Companies, Biotech Companies stories at Wion, Biotech Companies news, Biotech Companies latest news