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.
Bayer AG has reached a $6.9 million settlement with New York for allegedly making false and misleading claims regarding the safety of Roundup weedkillers, the state's Attorney General Letitia James said on Thursday.
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.
British drugmaker AstraZeneca said on Thursday it would stop developing its drug brazikumab to treat inflammatory bowel diseases, including Crohn's disease and ulcerative colitis.