Bloomberg Pfizer Inc is on the hunt for partnerships with Chinese biotech firms developing novel drugs, as the American pharmaceutical giant regroups after Beijing’s aggressive price-cutting campaign eroded profit margins in its mainstay blockbusters. The company is embarking on a strategic shift to maintain growth in the world’s second-largest drug market after China slashed prices for off-patent medicines by more ...

Bloomberg United Nations humanitarian relief agency Unicef is looking to recruit some of the airline industry’s biggest operators to help distribute a coronavirus vaccine to the world’s poorest nations. Unicef held a call with about 40 carriers to make plans for the global airlift and to identify what commercial tasks each party can perform, according to Glyn Hughes, head of ...

Bloomberg UK Prime Minister Boris Johnson announced a 12 billion-pound ($15.9 billion) plan to boost green industries and tackle climate change, in a blueprint he says will create or support as many as 250,000 jobs. As he seeks to relaunch his premiership and revive the economy, Johnson aims to use his plan for a “green industrial revolution” to deliver on ...