Approved after Korea… Targeting the US next year
Celltrion and Donga ST also applied for approval
Intense competition in the biosimilar market
▲ Competition to develop biosimilars is intensifying because the patent for ‘Stelara’, a biopharmaceutical has expired with sales of 14 trillion won on page 18. Samsung Bioepis, a domestic company, will target the US market States next year after receiving approval for the Stelara biosimilar product in Korea and Europe. Celltrion and Dong-A ST have also applied for product approval from the US and European authorities and are awaiting approval. Biosimilar competition is expected to intensify as foreign competitors have already received product approval from the US Food and Drug Administration (FDA).
On the 23rd, Samsung Bioepis announced that ‘Fiz Chiva’ (project name SB17), developed as a biosimilar to Stelara, received product approval from the European Commission (EC). In Korea, this product received product approval from the Ministry of Food and Drug Safety on the 11th. Fiz Chiba is similar to the drug ‘Stelara’ developed by Janssen in the United States. It is an autoimmune disease treatment prescribed for plaque psoriasis, Crohn’s disease, and ulcerative colitis. Stelara is a ‘blockbuster’ drug, ranked 9th in global pharmaceutical sales with sales of $10.858 billion (about KRW 14.9568 trillion) last year.
Rules Change From 1 May 2024: These Big…
2024-04-23 19:27:15
New Delhi: Many changes take place in the country on the first of every month. Now the month of April is about to end. Only a few days are left in this. After this the month of May will begin. Many big changes are going to happen on the first date of the month of May (Rules Change From 1 May 2024). These changes will directly impact the pockets of the common man. These include many changes ranging from the prices of LPG cylinders to the charges related to savings accounts of banks. It is important for you to know about all these in advance. So that you do not face any kind of problem. In the savings account of Yes Bank and ICICI Bank, customers will have to pay more money for the service from May 1. These banks have increased many charges in their savings accounts. Whereas the deadline of the scheme run by HDFC for senior citizens is ending on May 10, 2024. There is very little time left for investment in this also. Let us tell you about the changes that are going to happen from May 1.EPFO Rule Change: Now treatment for PF account holders will be easier, »Read More
Teslas Earnings Week: Unveiling EV Price Cuts And…
Tesla’s Financial Outlook and Strategic Shifts
Investors in Tesla are bracing themselves for what is anticipated to be underwhelming financial results for the first quarter, following a significant 43% decline in the company’s share price since the start of the year. CEO Elon Musk is redirecting focus towards autonomy, with a bold move towards advancing automated driving technologies.
Financial Performance and Strategic Moves
Tesla is set to announce its earnings post-market closure on Tuesday, with an earnings call scheduled for 5:30 pm ET. Despite a recent uptick of over 2% in share price, the overall trend has been downward, coinciding with Musk’s intensified efforts in automated driving initiatives.
Recently, Tesla reduced the price of its Full Self-Driving (FSD) system to $8,000 and introduced a $99 monthly subscription, aiming to expand its user base and enhance data collection for autonomous driving development. This strategic shift comes amidst layoffs and a pause in the development of a $25,000 electric vehicle in favor of a robotaxi project.
Market Response and Financial Projections
Tesla’s decision to adjust pricing strategies has been met with mixed reactions, with recent price cuts impacting profit margins. Analysts predict a profit of $0.48 per share on $20.94 billion in revenue for the first quarter,
Campaigning In The American Steel Capital, Biden Attacks…
2024-04-18 04:49:03
Joe Biden announced on Wednesday that he wanted to triple customs duties on steel and aluminum from China, a political choice aimed at the American working class whom he is trying to seduce this week by campaigning in Pennsylvania.
The Democrat accused Beijing of “cheating” in the global steel trade, harming American manufacturers and their employees, a key electorate for the November presidential election which will see him face, barring any surprises, his rival Donald Trump .
“They are xenophobic,” Joe Biden said in a speech from the headquarters of the USW in Pittsburgh, the historic US steel capital.
The Democrat lamented that Chinese steel companies “don’t have to worry about making a profit because the Chinese government subsidizes them heavily.”
“They are not competing, they are cheating. And we have seen the damage here in America,” said the man who claims to be the best ally of American workers.
“I am not looking for a confrontation with China, I want competition, but fair competition,” Joe Biden further clarified, assuring that there would be no “trade war” with Beijing.
Blue-collar campaign
With one voice,
INVESTIGATION. Citrons Produced In Russia, Stellantis Victim Of…
A mysterious company has resumed production of Citroën C5 Aircross at the former Russian Stellantis factory, with the help of Chinese manufacturer Dongfeng. The French manufacturer claims to have lost control of the site, and finds itself powerless in the face of this affair which mixes economic and geopolitical interests.
The citroen.ru website has all the appearance of an official manufacturer website. In the “cars in stock” section, it announces that 96 “Russian” Citroën C5 Aircrosses are currently available for sale. However, neither this site nor these cars displaying the chevrons of the French brand have anything to do with Stellantis, the group resulting from the merger of Peugeot-Citroën and Fiat-Chrysler. The war in Ukraine, international sanctions and the Kremlin’s policies have freed Russia from the rules of the global economic game and make possible such acts of industrial piracy that seemed unthinkable until recently.
To understand how this became possible, we have to go back to April 2022, two months after Russia’s invasion of Ukraine. Stellantis then announced the shutdown of its Kaluga factory, 200 km southwest of Moscow, due to “the logistical difficulties encountered on a daily basis” and “in order to guarantee full compliance with all sanctions”.
His Labor Reform Triples The Number Of Discontinued…
The Government insists on vindicate their economic management y send optimistic messages looking to the future while hiding the number of unemployed with makeup. Specifically, the Minister of Labor and Vice President, Yolanda Diazhas even dared to describe as «historical» the results of your department in terms of reduction of temporary employment and coverage of unemployed Spaniards. Nothing is further from reality.
A new report advanced by the digital portal Free market of the USO unionspecialized in the detailed analysis of the different statistical measures of the labor market, has concluded compromising in an extraordinarily negative way the performance of Díaz’s management at the head of the ministry.
To begin with, he has denounced the increasingly growing difficulty in obtaining real data that really reflects the state of the labor market in Spain: «Why is a methodology still maintained that does not provide the necessary clarity and transparency “to know the reality and provide the means and remedies to improve the high unemployment that we suffer?” the report asked.
«Greater clarity is necessary in the statistics that count job seekers who are unemployed (unemployed not employed) by public employment services. Greater simplicity is necessary so that all those who seek employment and do not have an occupation are considered unemployed (what a simple thing to do).«he adds,
Caregiver Bonus, 3 Thousand Euros Saved: With The…
#Caregiver #bonus #thousand #euros #saved #discount #dont #worry #request
INPS – fonte_depositphotos – jobsnews.it
Thanks to the housekeeper and carer bonus, up to 3,000 thousand euros is possible. Here’s who can benefit and how to apply.
Once again the Italian State through INPS, offers Italians the opportunity to enjoy a bonus that will help them face an expense that could prove fundamental. They say that Italy is now a country of elderly people, births are increasingly low, often equal to zero.
This basically means that a large part of the Italian population is made up of people who are quite advanced in age. As many will know when a person begins to have a certain number of years he needs someone who is constantly presentdaily.
Meet your daily needs it could become almost impossible at some point. Precisely for this reason, there are many families who decide to place a person alongside their elderly people who is present day and night, helping them in all their actions.
President Rumen Radev: Bulgaria Has The Ambition To…
/ world today news/ We will continue to support honest, transparent and socially responsible business that creates high-paying jobs, said Rumen Radev at a video conference with representatives of German business
Bulgaria has the ambition to increase the export of products with a higher added value. This was stated by President Rumen Radev during the video conference “Bulgarian-German economic relations: current state and prospects”. Minister of Economy Kiril Petkov, Ambassador of the Federal Republic of Germany Christoph Eichhorn, representatives of the German-Bulgarian Chamber of Industry and Commerce and the mayors of Pirdop, Zlatitsa and Anton.
Bulgaria supports honest, transparent and socially responsible business, which leads to the creation of new jobs, implements new, progressive forms of management and to real added value, the head of state emphasized. According to the president, our country is ready to work to deepen existing partnerships and mutually beneficial economic cooperation between Bulgaria and Germany.
I hope that honey production will continue to be not only one of the leaders in Europe in terms of quantity, but also in terms of quality and compliance with environmental standards, the president emphasized. According to him, the progress in environmental protection is huge,
Main Funds | Popular Auto Stocks Were Smashed…
Major Industries See Net Inflows of Funds, A-share Indexes Mixed
In today’s trading session, the three major A-share indexes experienced mixed gains and losses, with the turnover of the Shanghai and Shenzhen stock markets shrinking to 779.133 billion yuan. The net sales of northbound funds were reported at 2.997 billion yuan.
Analyzing the main capital situation of the Shanghai and Shenzhen stock markets, a net outflow of 18.875 billion yuan was observed. However, there were four main industries that saw net inflows of funds, including food and beverage, media, banking, and beauty care, with inflows of 709 million yuan, 235 million yuan, 146 million yuan, and 17.9645 million yuan, respectively.
On the flip side, among the 27 industries with net outflows of main funds, the non-ferrous metal industry ranked first with a net outflow exceeding 4 billion yuan. Other industries with significant net outflows included national defense, automobile, electronics, power equipment, and basic chemical industries, all exceeding 1 billion yuan.
Notably, there were 11 major stocks that saw net inflows of over 100 million yuan, defying the overall market trend. Wuliangye led the pack with a main capital inflow of 274 million yuan,