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STOCKHOLM (Reuters) -Denmark’s Novo Nordisk said on Tuesday it had submitted a new, higher dose of its obesity treatment Wegovy to the European Medicines Agency for approval, with one in three trial participants achieving 25% or more weight loss. Novo Nordisk said in a statement it aimed to make the higher dose available throughout the …

Novo Nordisk submits higher Wegovy dose to the European Medicines Agency for approval Read More »

By Sarah Marsh, Christoph Steitz and Maria Martinez BERLIN/FRANKFURT (Reuters) -Some of Germany’s biggest corporations are weighing a joint initiative to boost investor confidence in Europe’s top economy, two people familiar with the matter said, adding this effort included investment commitments and a push to attract private capital. The initiative, spearheaded by firms including Siemens, …

Germany Inc weighs joint push to boost investor confidence, sources say Read More »

ZURICH (Reuters) -Novartis said on Tuesday it had received approval in Switzerland for Coartem Baby, which it said was the first drug to treat malaria in babies and very young children. Eight African countries who participated in the assessment are now expected to issue quick approvals for the treatment, which is also known as Riamet …

Novartis wins approval for first malaria drug for newborns and babies Read More »

(Reuters) -UK’s Southern Water said on Tuesday it had agreed to terms for a debt raise worth 675 million pounds ($916.1 million), in addition to recent offers worth roughly 2 billion pounds in fresh equity and bonds. The utility, which serves about 2.6 million customers across the UK, has been battling a debt crisis amid …

UK’s Southern Water strikes deal for fresh $916 million liquidity boost Read More »

By Maria Martinez BERLIN (Reuters) -German exports fell more than expected in May, data showed on Tuesday, after the positive impact from companies rushing to beat U.S. tariffs waned. Exports from Europe’s biggest economy fell by 1.4% in May compared with the previous month, data from the federal statistics office showed. That compared with a …

German exports fell in May as US tariffs frontloading ends Read More »

(Fixes typo in Emmanuelle Verger’s name in paragraph 6.) By America Hernandez PARIS -France’s state-owned EDF has appointed several new directors to its board and will reorganise the group’s operations in anticipation of its plans to build six new nuclear reactors and increase investments in hydropower, it said on Tuesday. “This evolution aims to strengthen …

EDF promotes nuclear executives to board ahead of new builds Read More »