Customer support platform Freshworks Inc disclosed on Monday it is aiming for a valuation of up to $9 billion in its US initial public offering (IPO).
The California-based software-as-a-service (SaaS) startup said in a filing with the US Securities and Exchange Commission (SEC) it plans to sell 28.5 million shares at a price range of $28 to $32 per share.
Baxter International Inc (NYSE: BAX) is reportedly in advanced talks to acquire medical equipment maker Hill-Rom Holdings Inc (NYSE: HRC) for about $10 billion and a deal could be reached by mid-week.
Citing sources familiar with the matter, The Wall Street Journal reported on Sunday that the transaction would value Hill-Rom at around $150 per share, a 13% premium to the stock’s closing price of $132.90 on Friday.
The US Department of Health and Human Services (HHS) has launched a new office designed to address the health impacts and disparities caused by climate change. In a press release Monday, HHS said the new Office of Climate Change and Health Equity (OCCHE) will be focused on protecting vulnerable communities that “disproportionately bear the brunt of pollution and climate-driven disasters, such as drought and wildfires, at the expense of public health.”
The US Centers for Disease Control and Prevention (CDC) are investigating a pair of salmonella outbreaks spread across 17 states that are possibly linked to Italian-style meat.
In a statement, the CDC said people in both outbreaks reported eating deli meats “such as salami, prosciutto, and other meats that can be found in antipasto or charcuterie assortments.”
Johnson & Johnson (NYSE: JNJ) said a booster shot of its single-dose COVID-19 vaccine generated a promising immune response among participants in early-stage clinical trials.
In a press release Wednesday, the pharmaceutical company said that trial participants who received a booster shot had a “nine-fold” increase of virus-fighting antibodies compared to what was observed four weeks after the initial dose.
Anxiety in the United States over COVID-19 is at its highest level since winter, a new poll shows, as the delta variant rages, more states and school districts adopt mask and vaccination requirements and the nation’s hospitals once again fill to capacity.
The poll from The Associated Press-NORC Center for Public Affairs Research also finds that majorities of American adults want vaccination mandates for those attending movies, sports, concerts and other crowded events; those traveling by airplane; and workers in hospitals, restaurants, stores and government offices.
Michael Musto can’t bring himself to ask his regulars at his Staten Island restaurant, Cargo Cafe, to prove they’ve been vaccinated against the coronavirus.
So if New York City presses on with its plans to require eateries, bars, gyms and many other public gathering places to require patrons to show proof of vaccination before coming indoors, he will again shutter his dining room and move operations outside.
Johnson & Johnson says it is still in talks with the Indian government regarding its COVID-19 vaccine after the country’s drug regulator announced the pharmaceutical company pulled its application seeking an accelerated approval for local trials. https://cdsco.gov.in/opencms/opencms/system/modules/CDSCO.WEB/elements/common_download.jsp?num_id_pk=MTQyNA==
The development comes two months after India said it was waiving a requirement for post-approval bridging tr...
Hundreds of thousands of COVID-19 vaccine doses have been saved from the trash after U.S. regulators extended their expiration date for a second time, part of a nationwide effort to salvage expiring shots to battle the nation’s summer surge in infections.
The Food and Drug Administration on Wednesday sent a letter to shot maker Johnson & Johnson declaring that the doses remain safe and effective for at least six months when properly stored. The FDA’s move gives the shots an extra six weeks as public officials press more Americans to get inoculated.
Vaccinations are beginning to rise in some states where COVID-19 cases are soaring, White House officials said Thursday in a sign that the summer surge is getting the attention of vaccine-hesitant Americans as hospitals in the South are being overrun with patients.
Coronavirus coordinator Jeff Zients told reporters that several states with the highest proportions of new infections have seen residents get vaccinated at higher rates than the nation as a whole. Officials cited Arkansas, Florida, Louisiana, Missouri and Nevada as examples.
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