#pharmaceutical

.United States
Purdue Pharma submitted plan to settle a mountain of lawsuits over its role in the opioid crisis. (Photo Credit: AP)

  • Purdue Pharma submitted potentially $10 billion plan
  • The judge requested two technical changes
  • He will formally enter the decision on Thursday if the changes were made

.Mumbai, Maharashtra, India
Pharmaceutical company, Ami Organics on Tuesday announced that it has collected Rs 171 crore from anchor investor. (Photo credit: Pixabay/Representative image))

  • Ami Organics had decided to allot a total of 28,01,485 equity shares for anchor investors
  • Anchor investors are the first investors in an IPO
  • Amy Organics IPO will open equity shares worth Rs 200 crore for subscription

.Okinawa, Japan
Japan is witnessing a steep surge in COVID-19 cases (Photo Credit: Unsplash/Representational)

  • Two people died in Japan after receiving Moderna’s second dose
  • No link has been found between the doses and the deaths yet
  • Contamination has been found in several batches of Moderna’s vaccine

Duato, like Gorsky, has been with J&J for three decades. (Photo Credit: Twitter/@JNJnews)

  • Duato will take over as the next CEO effective January 3
  • He will also be named to the board of directors of the firm
  • Gorsky will assume the role of executive chairman

.New York, NY, USA
The companies have accepted their role in the opioid crisis. (Picture Credits: Representational Image/ Unsplash)

  • The settlement was done by McKesson, Cardinal Health and Amerisource Bergen
  • The settlement, in the works since October 2019, could be as high as $26 billion
  • The deal allows the three distributors to withdraw from an ongoing jury trial