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Endo Int'l Reports Top-line Results From Phase 2 Study Of CCH For Adhesive Capsulitis Of Shoulder
Pharmaceutical company Endo International plc (ENDP) announced Friday top-line results from its Phase 2 study of Collagenase Clostridium Histolyticum (CCH) in participants with adhesive capsulitis (AC) of the shoulder, commonly known as "frozen shoulder."
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Regeneron Completes Acquiring Sanofi's Stake In Libtayo
Regeneron Pharmaceuticals, Inc. (REGN) announced Friday that it has completed the acquisition of French drug major Sanofi's (SNYNF, SNY) stake in Libtayo (cemiplimab), providing Regeneron with exclusive worldwide development, commercialization, and manufacturing rights to the medicine originally discovered in Regeneron's laboratories. The intent to purchase Libtayo was announced on June 2, 2022.
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UK Manufacturing Activity Growth Weakens In June
The UK manufacturing sector expanded at a much slower pace in June as output growth grind to a near- standstill pace and new work intake contracted for the first time in more than a year, final data from the S&P Global showed on Friday. The Chartered Institute of Procurement & Supply final factory Purchasing Managers' Index fell to a two-year low of 52.8 in June from 54.6 in May.
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Nektar Therapeutics Promotes Chief Accounting Officer Jillian Thomsen To CFO
Nektar Therapeutics (NKTR) announced Friday the promotion of Jillian Thomsen to Senior Vice President (SVP) & Chief Financial Officer. Thomsen has served as SVP, Finance & Chief Accounting Officer of Nektar since 2008, and is a key member of the Executive Committee.
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Sensex, Nifty Decline As Energy Stocks Nosedive
Indian shares ended slightly lower on Friday, with oil & gas stocks taking a heavy beating after the government raised export duty on diesel and petrol by Rs 13 a litre, and Rs 6 a litre, respectively.
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UK Mortgage Lending At 8-Month High
UK mortgage lending increased to the highest since last September and mortgage approvals rose unexpectedly in May despite the squeeze on real income from rising inflation and interest rates, official data showed on Friday. Mortgage lending increased to GBP 7.4 billion in May from GBP 4.2 billion in April, the Bank of England said. This was the highest since September 2021.
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European Shares Broadly Higher After Inflation Data
European stocks were broadly higher on Friday after data showed Eurozone manufacturing PMI fell less than expected in June.
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more news
FTSE 100 Edges Higher In Lackluster Trade
U.K. stocks were moving higher on Friday, though a cautious undertone prevailed amid worries about surging prices and declining growth.
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CAC 40 Rises With PMI, Inflation Data In Focus
French stocks advanced on Friday after data showed Eurozone manufacturing PMI fell less than expected in June.
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DAX Edges Higher Ahead Of Key Inflation Data
German stocks eked out modest gains on Friday after the German manufacturing PMI came in at 52.0 in June, in line with expectations.
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Australian, NZ Dollars Drop; Yen Advances On Rising Recession Fears
The Australian and NZ dollars fell against their major counterparts in the Asian session on Friday, while the yen climbed, amid rising risk aversion as aggressive rate hikes from the Federal Reserve to curb inflation intensified recession fears.
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Asian Shares Retreat On Growth Worries
Asian stocks ended broadly lower on Friday amid growth worries, as a slew of surveys showed regional manufacturing activity stalled in June and many companies were hit by supply disruptions caused by China's strict COVID-19 lockdowns.
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China Manufacturing Sector Rebounds In June
China's manufacturing sector rebounded in June as the easing of the pandemic related containment measures boosted production and orders, survey results from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers' Index rose to 51.7 in June from 48.1 in May. A score above 50.0 indicates expansion.
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