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AstraZeneca drops fish oil pill for bad cholesterol

Bloomberg AstraZeneca Plc will stop testing a fish-oil pill for one form of cholesterol in the most advanced and expensive stage of clinical tests. The medicine, called Epanova, didn’t stand a very high likelihood of showing a benefit when combined with a statin for patients at risk of heart disease due to high levels of LDL (or bad) cholesterol, Astra ...

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Zurich Insurance sees best chance to increase prices

Bloomberg Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost two decades as a shortage of supply and high natural catastrophe payouts help reverse declining premiums. “The last time this kind of market really existed was in 2002,” James Shea, the company’s head of commercial insurance, said in an ...

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EU may ban plastic packaging

Bloomberg The EU Commission is evaluating a ban on plastic packaging and setting new requirements for manufacturers, EU Commissioner-designate for environment and the oceans Virginijus Sinkevicius said in an interview with German newspaper Die Welt. “We definitely want to expand the rules for single-use plastics and are currently investigating in which direction it would be possible,” he was quoted as ...

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