GFM Network News


Merck bolsters animal health unit with Allflex deal

Reuters — Merck and Co. said on Friday it will buy privately-held French company Antelliq Group, which makes digital identification products for livestock, for about 2.1 billion euros (C$3.19 billion) to bolster its fast-growing animal health business. The move affirms the drugmaker’s commitment to the business, which Wall Street analysts have long seen value in […] Read more

U.S. approves marijuana-derived drug for epilepsy

Reuters — The U.S. health regulator approved GW Pharmaceuticals’ epilepsy treatment on Monday, making it the first cannabis-based drug to win approval in the country and opening floodgates for more research into the medicinal properties of cannabis. The drug’s approval permits its use in patients aged two years and older with Dravet Syndrome (DS) and […] Read more