LEGAL

Exclusive: China in talks with Pfizer for generic COVID drug

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HONG KONG/BEIJING, Jan 6 (Reuters) – China is in talks with Pfizer Inc (PFE.N) to secure a license that will allow domestic drugmakers to manufacture and distribute a generic version of the US firm’s COVID-19 antiviral drug Paxlovid in China, three sources told Reuters. China’s medical products regulator – the National Medical Products Administration (NMPA) … Read more

Bed Bath & Beyond preparing to file bankruptcy within weeks -sources

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Jan 5 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers. The US home goods retailer is considering skipping debt payments due Feb. 1, one of the … Read more