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Sun Pharma to acquire Nasdaq-listed Checkpoint Therapeutics for $355 million; shares edge higher

adminMarch 10, 202505 mins

Sun Pharmaceutical Industries Ltd. has announced the acquisition of Nasdaq-listed Checkpoint Therapeutics, Inc., an immunotherapy and targeted oncology company, in a $355 million cash deal. The acquisition will bolster Sun Pharma’s onco-dermatology portfolio, adding Checkpoint’s recently FDA-approved cancer drug, UNLOXCYT (cosibelimab-ipdl), to its pipeline. The deal, expected to close in the second quarter of the…

Cancer was fastest-growing ailment in 2024: Medi Assist report

adminJanuary 9, 202505 mins

Cancer was the fastest-growing ailment in India in 2024, while respiratory illnesses saw the highest increase in the average cost of treatment, a report released by health benefits administrator Medi Assist said on Thursday. Cancer incidence rates—the percentage of claims with respect to overall people insured—grew 10-12% year-on-year in 2024, according to the report. Incidences…

Male cancer rates to increase 84%; deaths to double in next 25 years: New study

adminAugust 12, 202403 mins

Global male cancer cases are expected to surge by 84%, rising from 10.3 million in 2022 to 19 million by 2050, as per a new study. Cancer-related deaths among men are also predicted to nearly double, increasing by 93% from 5.4 million in 2022 to 10.5 million in 2050. Researchers analyzed 30 cancer types, using…