Economy
GlaxoSmithKline (“GSK”) is suing Pfizer and BioNTech in Delaware federal court, alleging infringement of GSK’s patents on mRNA technology in their covid injections.
As reported by Reuters, GSK alleges in the lawsuit filed on Thursday that Pfizer-BioNTech’s Comirnaty injections infringe on GSK’s mRNA vaccine patents developed more than a decade before Pfizer began marketing its “vaccine.”
A Pfizer spokesperson said in a statement that the company is “confident in our [intellectual property] IP position around Comirnaty.”
A GSK spokesperson said the company believes its patents “provided the foundational technology used in Pfizer and BioNTech’s covid-19 mRNA vaccines.”
London-based GSK asked the court for an unspecified amount of monetary damages from Pfizer and BioNTech that includes an ongoing patent licencing fee.
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Read MoreOriginally Posted on August 22, 2022 by Constitutional Nobody
“Even if I were pollinated and fully vaccinated, I would admire the unvaccinated for withstanding the greatest pressure I have ever seen, even from partners, parents, children, friends, colleagues and doctors.
People who were capable of such personality, courage and critical ability are undoubtedly the best of humanity. They are everywhere, in all ages, levels of education, states and ideas. They are of a special kind; they are the soldiers that every army of light wants to have in its ranks. They are the parents that every child wants to have and the children that every parent dreams of having. They are beings above the average of their societies, they are the essence of the people who have built all cultures and conquered horizons. They are there, next to you, they look normal, but they are superheroes.
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Read MoreDecades before Justin Trudeau and the NDP held power in Canada, thirteen years before there was an Alberta NDP government, take a look at how World Economic Forum carbon taxes came to Canada, with a focus on Alberta.
Quick summary of the forming of a global Oligarchy (a small group of people having control);
1974, World Banking; Canada signs on, losing it’s banking sovereignty; Liberal, Pierre Trudeau
1971, World Economic Forum forms, over the years attended by many conservative and liberal Canadian politicians, corporate leaders, bankers, academics. Justin Trudeau, Michelle Rempel Garner, Maxime Bernier, Chrystia Freeland, John Baird, Alberta CPC MPs Joe Oliver and Ed Fast. @Stephan Harper and the Canadian government were contributing leaders at the WEF.
1973; Trilateral Commission forms to, “foster a New International Economic Order.” Liberal Mark Carney, the former Governor of Bank of Canada and Bank of England is a longstanding contributing leader there.
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Read MoreOttawa and Quebec are spending nearly $100 million to increase the country’s manufacturing capacity for semiconductors while adding new manufacturing capacity for an IBM Canada plant.
Ottawa will invest $59.9 million to help fund IBM Canada’s semiconductor packaging plant in Bromont, Que., Prime Minister Justin Trudeau told reporters in the small town located 70 kilometres southeast of Montreal.
The federal investment would create 280 new jobs and open 240 co-op positions for students as part of the investment, he said.
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Read MoreCanada’s per capita Gross Domestic Product (GDP) has fallen to 2017 levels amid slower economic growth and record population increases, according to a new report by Statistics Canada.
“Real GDP per capita has now declined in five of the past six quarters and is currently near levels observed in 2017,” reads the report, “Canada’s gross domestic product per capita: Perspectives on the return to trend.”
“Recent declines in per capita output have also brought concerns over Canada’s weak productivity performance to the fore, since historically, much of the long-term growth in GDP per capita has reflected sustained improvements in labour productivity.
The report notes that while Canada’s GDP per capita grew by about 1.1 percent yearly since 1981, the COVID-19 pandemic led to its fall of 7 percent below the long-term trend. In real dollar amounts, that means it declined by around $4,200 per Canadian after 2020.
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Read MoreA junior resource company’s place in the mining food chain is to acquire projects, make discoveries and hopefully advance them to the point when a larger mining company takes it over. Discoveries won’t be made if juniors aren’t out in the bush looking at rocks.
Few exploration companies have the money or technical expertise to “go mining”. For many, the goal is to hit upon a deposit that’s good enough to attract a major that will acquire the asset. Another pathway is for the junior to partner with a larger company. An option or joint venture (JV) agreement is a way for juniors to gain access to the financial and technical resources needed to build the mine.
Juniors are extremely important to major mining companies because they are the firms finding the deposits that will become the next mines. In this way, juniors help the majors to replace the ore that they are constantly depleting in their operating mines.
Where to look? BC and the Yukon
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Read MoreCanada’s rate of population growth is the highest in the G7 and among the highest in the OECD
As a professional demographer who has carefully followed Canada’s demographic evolution over the past three decades, I am shocked by some of the most recent demographic data released by Statistics Canada. From 1991 through to 2015, the year in which the current government was first elected, the annual growth in Canada’s population grew in a predictable manner at an average of roughly 320,000 persons per year.
Following 2015, that growth has rapidly accelerated. Following a temporary dip in population growth due to the outbreak of the COVID-19 pandemic in 2020, Canada’s population growth reached just over half a million in 2021 (509,285 persons), close to a million in 2022 (930,422), and then an astronomical 1.27 million persons in 2023.
Put another way, whereas for several decades Canada’s population growth rate hovered at about 1.0 percent annually, this rate has more than tripled in a few short years, up to 3.2 percent in 2023.
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Read MoreTen years after dipping its toes into the gene therapy pool in a licensing deal with Spark Therapeutics, Pfizer has gained FDA approval for the acquired treatment.
The U.S. regulator has endorsed Beqvez (fidanacogene elaparvovec-dzkt) for adults with the bleeding disorder hemophilia B. It becomes the first FDA-approved gene therapy for Pfizer and the second in the indication following CSL and uniQure’s hemophilia B treatment Hemgenix, which became the world’s most expensive drug at $3.5 million when it was approved in 2022.
Pfizer had the chance to undercut its rival on price but decided to charge the same $3.5 million for Beqvez. The therapy will be available to patients this quarter, a spokesperson confirmed on Friday to Fierce Pharma.
According to the CDC, the current number of males with hemophilia living in the U.S. is around 33,000. Hemophilia A is more prevalent, with 12 cases per 100,000 U.S. males, while there are just 3.7 cases per 100,000 U.S. males for hemophilia B.
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