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Tesla CEO says Model 3 passes all regulatory requirements

Bloomberg Tesla Inc. investors, customers and fanboys got some much-anticipated news on the Model 3 timeline when Chief Executive Officer Elon Musk announced that the mission-critical model passed all its regulatory requirements for production two weeks ahead of schedule. “Expecting to complete” the first car Friday, Musk wrote in a Twitter post. The company will hold a handover party for ...

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Aspen CEO sees more dealmaking in emerging markets

Bloomberg Aspen Pharmacare Holdings Ltd. sees further acquisitions in the next 12 months as strong revenue and lower capital expenditure restore its firepower after the purchase of two anesthetics portfolios last year. The potential deals will probably be made in the South African company’s existing pharmaceutical markets, with womens’ health a possible area of expansion, Chief Executive Officer Stephen Saad, ...

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Drugmakers’ payments to UK health groups, doctors rise 25%

Bloomberg Drugmakers in the UK led by AstraZeneca Plc increased payments to local health-care organizations, doctors and other workers by 25 percent last year, with most of that money going toward research and development, voluntary disclosures by the recipients showed. The spending climbed to 455 million pounds ($590 million) last year, according to a report on Friday from the Association ...

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