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Novartis hints at 2018 outlook hike despite drug price freeze 10:21pm IST

ZURICH Novartis may ratchet up its 2018 sales outlook, its finance chief said on Wednesday, despite halting planned U.S. drug price hikes amid pressure on the industry from President Donald Trump's administration over the high cost of medicines.

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Abbott Labs raises 2018 earnings forecast, shares hit record high

Abbott Laboratories raised its full-year earnings forecast and topped estimates for quarterly profit on Wednesday, powered by demand for its glucose monitoring device for diabetics and gains from its multibillion dollar acquisitions.

9:29pm IST

Hikma raising injectable opioids output to help ease shortage at U.S. hospitals

LONDON London-listed pharmaceutical group Hikma said on Wednesday it was increasing its supply of hydromorphone to U.S. hospitals to help ease a shortage of injectable opioids used to treat patients.

5:33pm IST

Bulgarian farmers protest against mass livestock slaughter

SOFIA Hundreds of farmers from around Bulgaria rallied in the capital Sofia on Wednesday against the government-ordered mass slaughter of livestock following the first outbreak in the European Union of the highly contagious Peste des Petits Ruminants (PPR).

Environment, Environment, 5:05pm IST

Israel grants $33 million to GE, Medtronic, Change Healthcare to boost R&D

JERUSALEM Three multinational companies have received an Israeli government grant of 120 million shekels ($33 million) aimed at boosting the presence of large companies and establishing Israel as a hub in biotechnology and medicine.

5:14pm IST

Movie Review: Soorma

Shaad Ali's "Soorma" (Warrior), based on hockey player Sandeep Singh's life does one thing right. Its makers picked the right story, one replete with sports movie tropes of highs and lows, triumphs and let-downs.

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