vzphotos/iStock Editorial via Getty Images AbbVie ( ABBV ) has signed an exclusive licensing agreement with China-based Haisco Pharmaceutical Group to advance the global development of novel pain therapies. Under the terms, Haisco grants AbbVie exclusive rights to develop, manufacture, and commercialize multiple pain treatment candidates worldwide, excluding mainland China, Hong Kong, and Macau. T...
vzphotos/iStock Editorial via Getty Images AbbVie ( ABBV ) has signed an exclusive licensing agreement with China-based Haisco Pharmaceutical Group to advance the global development of novel pain therapies. Under the terms, Haisco grants AbbVie exclusive rights to develop, manufacture, and commercialize multiple pain treatment candidates worldwide, excluding mainland China, Hong Kong, and Macau. The deal covers a portfolio of compounds targeting pain-related indications, currently in development in China across stages ranging from preclinical to Phase 1. Haisco will receive an upfront payment of $30M and is eligible for up to $715M in total development, regulatory, and commercial milestone payments, along with tiered royalties on future net sales. Source: Press Release More on AbbVie AbbVie: Fairly Valued And Positioned For Growth AbbVie: Buy Or Sell Ahead Of Q1 Earnings? It's A Buy, But With Caveats (Upgrade) AbbVie: Upside Potential And Dividends With Competent Portfolio Renewal Dividend Roundup: AGNC Investments, Abbott Labs, AbbVie, and more TrumpRx adds medicines from AbbVie and Roche’s Genentech: report
There is no necessity to introduce the death penalty into the Road Transport Act 1987 for driving under the influence, according to Malaysian Transport Minister Anthony Loke. Loke said existing laws were sufficient to prosecute serious offences and that offenders could still be charged under Section 302 of the Penal Code for murder, where applicable. “As far as the government is concerned, we have...
There is no necessity to introduce the death penalty into the Road Transport Act 1987 for driving under the influence, according to Malaysian Transport Minister Anthony Loke. Loke said existing laws were sufficient to prosecute serious offences and that offenders could still be charged under Section 302 of the Penal Code for murder, where applicable. “As far as the government is concerned, we have already stopped mandatory death penalties,” he told reporters on Monday after a road safety...
Funtap/iStock via Getty Images The forward 4-quarter estimate (FFQE) increased this week to $339.22, versus last week’s $338.29. The P/E ratio on the new forward estimate is now 20x. The S&P 500 earnings yield slipped below the recent +5% level to close the week at +4.97% as of the 4/10/26 close. The S&P 500 this week closed above both its 50- and 200-day moving averages for the first time since l...
Funtap/iStock via Getty Images The forward 4-quarter estimate (FFQE) increased this week to $339.22, versus last week’s $338.29. The P/E ratio on the new forward estimate is now 20x. The S&P 500 earnings yield slipped below the recent +5% level to close the week at +4.97% as of the 4/10/26 close. The S&P 500 this week closed above both its 50- and 200-day moving averages for the first time since late February ’26. Financial sector this week Looking at the 11 sectors of the S&P 500 coming into Q1 ’26 financial results, the financial sector is highlighted for readers: the expected EPS for the financial sector for Q1 ’26, currently estimated at 17% y-o-y growth, is a smidge above the 15% average shown for the sector over the last 12 quarters, or since Q1 ’23. Looking at actual and expected revenue growth for financials, the average revenue growth per growth for the sector the last 12 quarters is 7.2%, while the estimated revenue growth for Q1 ’26 is 6.8%. Financials - at least in terms of the sector estimates - are looking for an average quarter as Goldman Sachs ( GS ) kicks off results on Monday, April 13th, 2026. Financials are the second-largest market cap in the S&P 500, second to only technology’s 33.8% as of Friday, April 10th, per LSEG data. The one interesting aspect of the financial sector numbers is that Q1 ’26 is lapping a pretty weak quarter in Q1 ’25. In Q1 ’25, the financial sector EPS growth was just +5.3%, while actual revenue growth was just +3%. While this blog expects the Q1 ’26 actual results to be healthy, since Iran was just one month of Q1 ’26, it remains to be seen how managements address “linearity” in the quarter (i.e., how was March ’26 relative to January and February ’26, and what changes were noticed), particularly in bank credit areas like consumer and industrial lending, and of course “private lending”, and to what extent the banks are having issues with their private credit books. (I have to note it was interesting to see - using some B...
(RTTNews) - Baker Hughes Co. (BKR), an energy technology company, on Monday announced that it has entered into an agreement to sell its Waygate Technologies business to Hexagon AB (HXGBY, HEXA-B.ST, HXGBF) in an all-cash transaction at approximately $1.45 billion.
(RTTNews) - Baker Hughes Co. (BKR), an energy technology company, on Monday announced that it has entered into an agreement to sell its Waygate Technologies business to Hexagon AB (HXGBY, HEXA-B.ST, HXGBF) in an all-cash transaction at approximately $1.45 billion.