Read More

Eisai Announces Plans to Submit Application for Partial Change to Label for Dosage and Administration of Aricept for Treatment of Dementia with Lewy Bodies Based on Results of Drug Reexamination

TOKYO, Nov 2, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today that it has received notification that Aricept (donepezil hydrochloride), a treatment for Alzheimer's disease and dementia with Lewy bodies that was discovered and developed in-house, has been granted Category 2* status based on the results of a reexamination of its efficacy, dosage and administration for the treatment of dementia with Lewy bodies (DLB) in Japan. In conjunction with this, Eisai plans to promptly submit an application for a partial change to label regarding dosage and administration. The indication for DLB remains unchanged. The indication of "suppression of progression of dementia symptoms in DLB" was approved in September 2014, primarily based on a Phase II study (Study 431) and Phase III study (Study 341) conducted by Eisai on people living with DLB in Japan. In accordance with the condition for the approval of this indication, "a clinical trial to verify the efficacy and safety of the drug in patients with DLB should be conducted and the results of the trials and analyses should be submitted promptly after completion," Eisai conducted a post-marketing clinical study (Study 41...

Biden’s overture to Asian oil consumers serves warning to Opec+

WASHINGTON (REUTERS) - The Biden administration's push for a coordinated release of oil stockpiles serves as a warning to the Opec+ production group that it should pump more oil to address concerns of high fuel prices in powerhouse economies like the United States, China and others. For weeks, the White House and administration officials had urged the Organization of the Petroleum Exporting Countries and its allies including Russia to accelerate production increases to satisfy demand as the global economy rebounds from the depths of the pandemic. After those pleas were rebuffed, the Biden administration hatched a different plan to keep the pressuring Opec+ ahead of its Dec 2 meeting on oil output policy. Administration officials pulled in longtime allies Japan and South Korea as well as China and India to consider a joint release of emergency reserves, an administration source told Reuters on Wednesday (Nov 17). Those countries and the US are the world's five largest oil importers, so the move could act as a powerful signal about consumer-nation unity on global energy prices. If stocks are released, it could drive prices lower, at least in the short-term, analysts said. "The strate...

Read More

Dynafront Successfully Lists on LEAP Market of Bursa Malaysia

KUALA LUMPUR, Jul 23, 2021 - (ACN Newswire via SEAPRWire.com) - Dynafront Holdings Berhad ("DynaFront" or the "Company"), an insurance technology specialist, made a successful debut on the LEAP Market of Bursa Securities Malaysia Berhad ("Bursa Securities") today at 23 sen per share, which was 2 sen or 9.6% higher than its offer price of 21 sen per share.L-R: DynaFront Non Independent Non Executive Director Mr. Chan Choong Wai; DynaFront Executive Director/Group Chief Operating Officer Ms. Gan Hui Ping; DynaFront Managing Director/Group Chief Executive Officer Mr. Chan Eng LimThe Company and its subsidiaries ("Group") specialises in developing and providing proprietary and customised enterprise information technology ("IT") solutions for a broad range of life insurance companies, including conventional life insurers, Takaful operators, independent corporate life insurance agencies and group assurance operations. DynaFront's solutions, offered either as proprietary software products or managed services, have been successfully deployed to markets in Malaysia, Indonesia, Singapore, Philippines, Taiwan and Hong Kong.The Group offers a comprehensive suite of software solutions extending...

Read More

Dow ends at record as US stocks shrug off Capitol Hill unrest

NEW YORK (AFP) - The Dow finished at a fresh record on Wednesday (Jan 6) as Wall Street largely shrugged off unrest in Washington after angry supporters of outgoing President Donald Trump stormed the US Capitol. The Dow Jones Industrial Average ended at 30,829.40, up 1.4 per cent, and the broad-based S&P 500 gained 0.6 per cent to close at 3,748.14. The tech-rich Nasdaq Composite Index shed 0.6 per cent at 12,740.79. The siege on the Capitol followed a defiant speech from Trump, who lambasted “weak” Republicans who would not support his efforts to overturn his election defeat urged supporters to have a “wild” protest, vowed, “we will never give up.” Soon after those words, members of Trump’s crowd broke through glass doors to storm the capital, prompting authorities to mobilise the National Guard as congressional Democrats condemned the siege by flag-waving fanatics as a “coup” or insurrection. Stocks retreated from session peaks amid the turmoil, but two of the three major indices still finished higher and the blue-chip index concluded at an all-time high. Art Hogan, chief market strategist at National Securities, said the market is looking past the chaos and ahead to the transiti...

Read More

Fear for 4,700 jobs as two UK retailers go into administration

LONDON (AFP) - UK fashion chains Peacocks and Jaeger have gone into administration, their owners announced on Thursday (Nov 19), putting 4,700 jobs at nearly 500 shops under threat. Parent company the EWM group, which had been searching for a buyer, said administrators had been appointed, although no redundancies or store closures had yet been confirmed. Peacocks is based in Cardiff and has 423 shops across the country with 4,369 staff. Jaeger runs 76 stores and concessions and has 347 employees. EWM earlier this month placed its Edinburgh Woollen Mill and Ponden Home businesses into administration and had hoped to find a buyer or investor to take over Peacocks and Jaeger. A two-week High Court deadline for them to do so has now expired. Joint administrator Tony Wright, from FRP Advisory, said they were in "advanced discussions with a number of parties and working hard to secure a future for both businesses". EWM blamed "the continuing deterioration of the retail sector" due to coronavirus closures and restrictions, which had complicated the process of finding a potential buyer. "While those talks are ongoing, we no longer have an option to extend the standstill agreement originall...

Read More

What a Biden win means for the financial markets

Several weeks ago, I ventured a guess that there is a two-thirds chance that Mr Joe Biden will win the presidential election. This has come to pass. While the Biden victory will see a shift in priorities and trigger a market scramble towards specific sectors, stocks and investments, the new administration will not have it easy. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.