Hydroxychloroquine

Novartis CEO Vas Narasimhan says COVID-19 makes valuing takeover targets tougher

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Novartis CEO Vas Narasimhan says COVID-19 makes valuing takeover targets tougher

Narasimhan, a U.S. citizen who took over two years ago as CEO, acknowledged disappointment that Novartis’ existing medicines had not proven more useful against COVID-19. (Reuters photo) Swiss drugmaker Novartis AG has financial firepower for acquisitions even with net debt of $26 billion, though the COVID-19 pandemic has made it more difficult to value takeover … Read more

Brazil President Bolsonaro tests positive for coronavirus

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Brazil President Bolsonaro tests positive for coronavirus

SAO PAULO: Brazilian President Jair Bolsonaro said on Tuesday he tested positive for the novel coronavirus, adding in a television interview that he was in good health despite running a fever. The right-wing populist, who has played down the severity of the virus which he has called a “little flu,” took the test on Monday … Read more