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Tag Archives: fujifilm

Waiting for Coronavirus Vaccine? Favipiravir or Avigan Can Cure Global Economy

Avigan, also known as Favipiravir, is a Japanese flu drug developed by the healthcare arm of Fujifilm. 340 patients taking the drug found it reduces recovery time and improves their lung condition. Enthralled by COVID-19, the world is waiting for a hero who will find the coronavirus vaccine. And one of the most widely-discussed variants to treat coronavirus today is Favipiravir (or Avigan). Worldwide famous biotech companies such as Gilead Sciences Inc (NASDAQ: GILD), Inovio Pharmaceuticals...

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Xerox Puts Forward a Takeover Offer to HP Valued at $27 Billion

In what can turn out to be one of the biggest takeovers, Xerox has put forward a cash-and-stock offer for computing giant Hewlett Packard. The latest report states that both companies are looking to cut costs and this merger can help them save around $2 billion in expenses.Xerox, which has specialized over the years in making printers and copiers, has an $8.5 billion market cap. This is one-third of the market cap of HP, currently valued at $27 billion. It is unclear how Xerox plans to go...

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