Mersana Therapeutics said on Thursday the U.S. Food and Drug Administration (FDA) had paused enrollment in two studies of its ovarian cancer drug after five deaths in bleeding-related events, sending shares of the company tumbling.
Serbia is still seeking to buy Rafale fighter jets from France's Dassault but is discussing the price and related weapons systems, the president said on Friday, in a further sign of Belgrade's shift away from its longtime arms supplier Russia.
Hungary has tweaked windfall taxes for key sectors of its economy, increasing the burden further on large retailers while cutting the extraordinary tax payable by drug producers.
Australian shares inched higher on Friday, although the index posted its worst weekly performance in more than two months with investors staying on the sidelines as the deadline nears for the U.S. debt ceiling talks to avoid a default.
GSK Plc will buy Canada-based late-stage biopharma firm Bellus Health Inc in an all-cash deal for $2 billion, the companies said in a joint statement on Tuesday. (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Savio D'Souza)