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Novartis CEO wants to end higher pricing for drugs sold in the US
2025-09-20
The Swiss pharmaceutical company Novartis wants to eliminate the price difference between medicines in the US and other industrialised countries. Group CEO Vasant Narasimhan believes that countries outside the US have a duty to contribute more to innovation. “It is a fact that American patients pay for a large part of the innovations,” said Narasimhan …
Roche buys US firm 89bio for up to $3.5 billion
2025-09-18
Swiss pharma giant Roche is acquiring the California-based liver and cardiovascular disorders specialist 89bio for an initial sum of $2.4 billion (CHF1.9 billion). The Basel-based pharmaceutical giant expects to make additional payments of up to $1.1 billion. +Get the most important news from Switzerland in your inbox In particular, the deal enables the Basel-based multinational …
Zurich airport trials autonomous buses for employees
2025-09-16
Zurich airport could become the first in Europe to use autonomous buses to transport employees around the runway. The system is currently being tested with a driver on board in case of problems. The pilot project has been underway since March, Zurich airport said on Tuesday. Since June, employees have been able to board an …
US says Switzerland can order fewer fighter jets amid cost hike
2025-09-14
According to the American authorities, a possible reduction in the number of F-35 fighter jets ordered by Switzerland is possible. They have informed Switzerland that this could be an option for cushioning the massive cost increase. +Get the most important news from Switzerland in your inbox Kaj-Gunnar Sievert, a spokesperson for the Federal Armaments Office …
Swiss banks reject one in three applications for credit
2025-09-11
In 2024, 35.5% of consumer credit applications were rejected by lending institutions due to solvency problems. This is a record high and is significantly higher than the previous year’s rejection rate of 30.8%, says the comparison portal Kreditvergleich.ch. The analysis is based on data from the Swiss central registry for credit information. +Get the most …
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