
Merck Suspends Gardasil Sales in China, Influencing 2025 Financial Projections
In a significant move that has sent ripples through the pharmaceutical industry, Merck & Co. has announced the cessation of sales for its Gardasil vaccine in China. This decision has far-reaching implications for the company's financial outlook for 2025, as China has been a pivotal market for the HPV vaccine.
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Barclays Expands Japan Rates Business with Strategic Hire of Ex-Garda Portfolio Manager Takemura
In a significant move aimed at bolstering its operations in the Japanese financial market, Barclays has announced the appointment of ex-Garda portfolio manager, Takemura. This strategic hire comes as the bank seeks to strengthen its presence in the competitive rates business of Japan.
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Star Trader from Garda to Manage $1 Billion for Schonfeld Amid Ongoing Legal Disputes
In a significant development within the finance sector, Garda’s renowned star trader is set to take the helm of a substantial $1 billion fund under Schonfeld Strategic Advisors. This announcement comes amidst an ongoing lawsuit involving both parties, raising eyebrows and concerns within the investment community.
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Garda Investments Alleges Competitor Schonfeld of Unlawful Poaching of Key Portfolio Manager
In a significant development within the investment management sector, Garda Capital Partners, a Toronto-based investment firm, has publicly accused its competitor Schonfeld Strategic Advisors of unlawfully enticing away a star portfolio manager. This accusation raises questions about ethics and competitive practices in the finance industry as the firms jockey for top talent to manage investments effectively.
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Merck Adjusts Sales Forecast Amid Slowing Demand for Gardasil Vaccine in China
In a recent update, Merck & Co. has revised its sales outlook downward, largely attributed to subpar demand for its Gardasil vaccine in the Chinese market. The pharmaceutical giant is now bracing for a potential decline in sales as the uptake of their human papillomavirus (HPV) vaccine fails to meet projections.
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BC Partners to Divest Majority Stake in Canada’s GardaWorld in $5.2 Billion Deal
In a significant development within the private equity landscape, BC Partners has announced its agreement to sell a majority stake in GardaWorld Security Corporation, a prominent Canadian security company, for a substantial $5.2 billion. This major financial transaction marks a decisive move for BC Partners as it seeks to capitalize on the rapid growth of GardaWorld in the security services industry.
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