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1:13 a.m. Dec. 7, 2021 - By Tomi Kilgore
Alvotech to go public through merger with SPAC Oaktree Acquisition in deal valued at $2.25 billionSpecial-purpose acquisition company (SPAC) Oaktree Acquisition Corp. II announced a merger agreement that will take Iceland-based biopharmaceutical company Alvotech Holdings S.A. public, in a deal that values the combined company at $2.25 billion. Oaktree's stock is still inactive in premarket trading. The deal is expected to provide Alvotech with gross proceeds of $450 million. After the deal closes, which is expected to occur in the first half of 2022, the company's stock is expected to trade on the Nasdaq under the ticker symbol "ALVO." Alvotech is focused on developing biosimilar medicines, and currently has seven products in its pipeline that address originator products treating conditions across autoimmunity, ophthalmology, osteoporosis, and oncology. Oaktree's stock has edged up 0.3% over the past three months, while the iShares Biotechnology ETF has tumbled 17.2% and the S&P 500 has gained 1.6%.
5:45 a.m. Sept. 27, 2021 - By Paul Brandus
Eyes, ears, teeth: Big changes coming -- maybe -- to MedicareHealthy teeth and gums are gatekeepers to the rest of your body
1:58 a.m. June 18, 2021 - By Morey Stettner
Exercise is great for your brain and your body -- how to do it right as you ageBuilding a satisfying habit to sustain you over time
5:10 a.m. April 8, 2021 - By Home Media
Best dental insurance in TexasThere are countless dental insurance options in Texas, but which is the best? We’ll take a look at the top four contenders.
3:43 a.m. March 15, 2021 - Barrons.com
Big Pharma Battled the Pandemic. The Stocks Are Cheap. Huge cash flows and strong pipelines: Here are the drugmakers to consider.
2:22 p.m. Feb. 3, 2021 - MarketWatch.com
A straightforward explanation why more COVID-19 vaccines can't be produced with help from 'dozens' of companiesManufacturing the Pfizer and Moderna vaccines is hard; these are the bottlenecks.
12:54 p.m. Jan. 10, 2021 - By Andrew Keshner
What side effects, if any, can you expect from a COVID-19 vaccine shot? Doctors have advised the CDC to be transparent and forthcoming about any side effectsDoctors have advised the CDC to be transparent and forthcoming about any side effects.
3:00 a.m. Jan. 2, 2021 - Barrons.com
Seniors Can Stay Fit During the Pandemic With Basic Weight Training. Here’s How. The health crisis upended a world of fancy gyms and personal trainers. Fear of infection keeps millions of Americans at home, and it will be many months until enough people are vaccinated to quell the pandemic.
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