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[Thursday, February 25, 2021 - 10:48:56] -
Quaker
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[Thursday, February 25, 2021 - 10:20:43] -
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Onyx, based in San Francisco, is such a cancer biotech. Two of its cancer therapies, Nexavar and Stivarga, are joined with with German drug maker Bayer AG. Onyx’s crown jewel is Kyprolis, a blood-cancer treatment approved in the U.S. last year. Onyx doesn’t release revenue details for Kyprolis. Last year, Onyx notched $362 million in sales.
[Thursday, February 25, 2021 - 10:20:41] -
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Separately, the Association of British Insurers, said it planned to start an “Investor Exchange” to help co-ordinate activism with all shareholders, not just its own members. In a report published today, the ABI also called for companies to hire more “expert” non-executive directors and ask key board members to work more hours. The ABI said that in bid situations, company directors should have their own team of impartial advisers that could help reduce the number of value destroying takeover deals.
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