BLOOMBERG Takeda Pharmaceutical’s newly purchased oral psoriasis drug was safe and effective in a mid-stage study, highlighting its potential for treating the painful, incurable skin condition. Patients with moderate-to-severe plaque psoriasis who received TAK-279 had significantly clearer skin after three months than those given placebo, according to the study presented at the American Academy of Dermatology’s annual meeting. Skin damage ...

BLOOMBERG As concerns mount over soaring temperatures in India and the impact on growth, a key adviser to Prime Minister Narendra Modi says the economy can withstand any potential weather shock. The nation’s weather bureau predicted hotter temperatures over the coming months, stoking worries about a repeat of the devastating heat last year that damaged crops, raised food inflation and ...

BLOOMBERG China saw its biggest gain in imports in a year last month, while a slide in exports decelerated, adding to evidence that the world’s second-largest economy is recovering from the impact of pandemic lockdowns. Imports rose 4.2% from a year ago to $197 billion in February, following a slump of 21.4% in January and snapping four months of decline, ...