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Evofem Inks Deal With Pharmacy Benefit Managers In The U.S. For Access To Phexxi
Evofem Biosciences, Inc. (EVFM) announced Tuesday it has reached an agreement with one of the nation's largest pharmacy benefit managers (PBMs) to ensure most women covered by this plan can fill their Phexxi prescriptions for pregnancy prevention, without restrictions such as prior authorization or step therapy. Phexxi is an on-demand method of birth control used to prevent pregnancy.
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TD SYNNEX Q2 Results Top Estimates; Reaffirms FY22 Adj. EPS Outlook
TD SYNNEX (SNX) reported Tuesday that net income for the second quarter was $148.92 million or $1.55 per share, compared to $93.10 million or $1.78 per share in the prior-year quarter.
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BioLineRx Collaborates With GenFleet To Advance Motixafortide In Pancreatic Ductal Adenocarcinoma
Biopharmaceutical company BioLineRx Ltd. (BLRX) announced Monday that it has entered into a collaboration agreement with China-based peer GenFleet Therapeutics to advance Motixafortide through a randomized Phase 2b clinical trial in pancreatic ductal adenocarcinoma, or PDAC.
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Australian Dollar Climbs; Yen Falls As China Reduces Quarantine Period
The Australian dollar strengthened against its major counterparts in the European session on Tuesday, while the Japanese yen fell, as European shares rose following China's decision to reduce the quarantine period for travelers from overseas.
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AlerisLife Confirms CFO Jeff Leer As President And CEO
AlerisLife Inc. (ALR) announced Monday that Jeff Leer has been appointed President and Chief Executive Officer. Leer was serving as interim President and Chief Executive Officer in early May. Leer will also continue to serve as Chief Financial Officer of ALR until a replacement is appointed.
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Stanley Black & Decker To Divest Oil & Gas Business To Pipeline Technique
Stanley Black & Decker (SWK) announced Tuesday it has signed a definitive agreement for the sale of its STANLEY Oil & Gas business to Pipeline Technique Ltd., a leading provider of solutions to the energy industry. The terms of the deal were not disclosed.
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Sensex, Nifty End Choppy Session Marginally Higher
Indian shares ended a choppy session on a flat note Tuesday as commodities surged and the rupee weakened to a record low of 78.79 against the dollar, fanning inflation worries.
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European Shares Extend Gains For Third Day On China Optimism
European stocks advanced on Tuesday as China cut quarantine time for international travelers in big step toward easing Covid-19 controls and ECB President Christine Lagarde played down fears of a recession in the euro zone.
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FTSE 100 Extends Gains As Commodities Surge
U.K. stocks advanced on Tuesday, with commodity-linked stocks leading the surge after China relaxed its COVID-19 quarantine mandate.
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CAC 40 Rallies As Lagarde Plays Down Recession Risks
French stocks rallied on Tuesday, as China cut quarantine time for international travelers in big step toward easing Covid-19 controls and ECB President Christine Lagarde played down fears of a recession in the euro zone.
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DAX Climbs On China Optimism
German stocks rose notably on Tuesday after China halved the length of mandatory quarantine for inbound travelers, in the biggest relaxation of entry restrictions after sticking to a rigid COVID policy throughout the pandemic.
Investors shrugged off weak consumer confidence data and looked ahead to ECB President Christine Lagarde's speech later in the day for directional cues.
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Asian Shares Advance As China Eases Quarantine Rules
Asian stocks fluctuated before closing mostly higher on Tuesday after China announced changes to testing and quarantine rules in first step towards easing border controls.
China's Shanghai Composite index reversed an early slide to close 0.89 percent higher at 3,409.21 as health authorities cut mandatory quarantine period to 10 days from three weeks for inbound visitors.
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German GfK Consumer Sentiment Hits New Record Low
Germany's consumer confidence dropped to a new record low in July as consumers see the risk of the economy slipping to a recession, survey results from the market research group GfK showed on Tuesday. The consumer confidence index fell to -27.4 in July from revised -26.2 in June. The score was forecast to fall to -27.6.
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