Pharmaceuticals sector

China outpacing Europe in drug innovation and development: Pfizer executive

In 2024, of 81 innovative medicines launched, 28 came from China and only 18 came from Europe, said the Pfizer executive.

Billionaire French pharma heir leaves riches to mystery charity

The succession plan of Henri Beaufour, a billionaire heir behind French drugmaker Ipsen SA, began taking effect earlier in June, according to corporate filings.

Hacking group claims major hack of Novo Nordisk and attempted $32 million extortion

Novo Nordisk is known for its treatments for obesity and diabetes, notably Wegovy and Ozempic.

Chinese pharma firm WuXi AppTec sues Pentagon over blacklisting

Chinese pharmaceutical firm WuXi AppTec asked a US court on June 11 to overturn its addition to a Pentagon blacklist of companies.

News analysis

Chips still king of S’pore exports amid non-tech upswing in Asia

The semiconductor sector contributes close to 6 per cent of Singapore’s gross domestic product and employs more than 35,000 people.

Johnson & Johnson beats lawsuit alleging that talc caused 3 women’s cancer

Johnson & Johnson stopped selling talc-based baby powder in the United States in 2020, switching to a cornstarch product.

New Trump tariff of 12.5% would cover one-third of Singapore exports to the US: MTI

The new tariffs will replace a 10 per cent global levy under Section 122 when it expires in late July.

ST Explains: What does Trump’s new tariff on ‘forced labour’ mean for Singapore trade?

The proposed forced-labour tariff drew immediate criticism from major economies such as the EU and China, and experts expect lawsuits once it goes into effect.

‘It’s still working’: More are living with cancer as era of targeted drugs takes hold

Menta “Steve” Wallace and his wife, Jo Linda, at their home in Texas. Menta is taking the experimental pancreatic cancer drug daraxonrasib.

Experimental pancreatic cancer pill doubles survival chances, boosts quality of life

Revolution Medicine’s daraxonrasib drug reduced the time from diagnosis of pancreatic cancer to a patient’s death to 13.2 months versus 6.7 months for those on standard chemotherapy.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.