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Factbox-Countries weigh need for booster COVID-19 shots

Factbox-Countries weigh need for booster COVID-19 shots
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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EXCLUSIVE Sanofi offers to buy U.S. biotech, mRNA partner Translate Bio -sources

Sanofi board discussed deal on Sunday
U.S. biotech company s shares soar more than 70% after report
Financial terms not known
PARIS, Aug 2 (Reuters) - Sanofi (SASY.PA) has offered to buy U.S. biotech company Translate Bio (TBIO.O), two sources familiar with the situation said on Monday, as the French drugmaker bets on next-generation mRNA technology after setbacks in the COVID-19 vaccine race.
Shares in the New York-listed biotech company soared more than 70% to above $50 in extended trading, building on the big gains in the stock as investors have piled in to the sector amid a rush to develop vaccines and treatments to tame the pandemic which has killed 4.3 million and roiled the global economy. ....

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Sanofi offers to buy U.S. biotech, mRNA partner Translate Bio -sources

Article content
TOUGH YEAR
Sanofi’s interest comes after a tough year for the French drugmaker after falling behind rivals with less experience in the COVID-19 vaccine race, a major blow to CEO Paul Hudson who joined the company almost two years ago.
Sanofi warned last year its traditional, protein-based COVID-19 jab developed with GlaxoSmithKline showed an insufficient immune response in older people, delaying its launch until toward the end of 2021.
Hudson has also been under increasing pressure to reduce the company’s dependence on its star eczema treatment Dupixent to boost earnings. Earlier this year, it agreed to fill and pack millions of doses of shots made by Pfizer/BioNTech, Johnson & Johnson and Moderna. ....

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Delta variant spreads 'like wildfire' as doctors study whether it makes patients sicker

Published Monday, August 2, 2021 11:03PM EDT
LOS ANGELES, Aug 2 (Reuters) - With a new wave of COVID-19 infections fueled by the Delta variant striking countries worldwide, disease experts are scrambling to learn whether the latest version of coronavirus is making people - mainly the unvaccinated - sicker than before.
The U.S. Centers for Disease Control and Prevention warned that Delta, first identified in India and now dominant worldwide, is likely more severe than earlier versions of the virus, according to an internal report made public on Friday.
The agency cited research in Canada, Singapore and Scotland showing that people infected with the Delta variant were more likely to be hospitalized than patients earlier in the pandemic. ....

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Sanofi to buy U.S. mRNA partner Translate Bio in $3.2 billion deal

Sanofi to buy U.S. mRNA partner Translate Bio in $3.2 billion deal
By Matthias Blamont
Reuters
PARIS (Reuters) -Sanofi has agreed to buy U.S. biotech company Translate Bio in a $3.2 billion deal, as it bets on next-generation mRNA technology after setbacks in the COVID-19 vaccine race, confirming a Reuters exclusive report.
Sanofi said it would acquire all outstanding shares of Translate Bio for $38.00 per share in cash, representing a total equity value of about $3.2 billion for Translate Bio.
The boards of both companies have approved the deal, and the chief executive of Translate Bio and the U.S. company s largest shareholder have backed the takeover offer, Sanofi and Translate Bio said in a joint statement. ....

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