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Prime Minister Scott Morrison and Health Minister Greg Hunt have defended the vaccine rollout.

How the Morrison government passed over an Australian company for a US pharmaceutical giant

Australia’s audit office will probe the Morrison government’s $2 billion deal with US pharmaceutical giant Moderna to set up vaccine manufacturing in Australia.

  • Paul Sakkal and Liam Mannix

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Mike Cannon Brookes at Director conference at  AICD Climate Governance Forum, at Sydney Hilton Hotel on Aug 11, 2023. Photo: Flavio Brancaleone / AFR

The hundreds of millions in tax incentives for Australian start-ups that went south

The R&D tax offset has served as a life raft for some of Australia’s most prominent technology start-ups, though in some cases it wasn’t enough.

  • David Swan
Wall Street is having a mixed session.

ASX slides despite Wall Street rebound

Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower, despite a US equities rebound overnight following its steep sell-off.

  • Millie Muroi
CSL chief executive Paul McKenzie.

Failed drug trial overshadows CSL’s bumper profits

Investors have punished the company’s share price for the second day in a row – despite it booking revenue of $12.3 billion for the half-year to December 31.

  • David Swan
Bill Mezzanotte said the study of CSL’s heart drug was the most ambitious in the company’s history.

Health behemoth CSL sheds $7b in value after heart drug fails trial

Shares in the blood plasma treatments maker were trading nearly 5 per cent lower following the results.

  • Millie Muroi
High end car manufacturers such as Ferrari are among the top stock picks from these fund managers.

Nine stock picks from some of Australia’s biggest fund managers

From garbage collection to race car manufacturing, nine fund managers at some of Australia’s largest investment firms have given their best stock picks.

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Novo Nordisk’s production facility in Denmark, where it makes weight-loss drugs Ozempic and Wegovy.

It’s throwing its weight around, but can Ozempic reshape our economy?

From health to fast food, investors are starting to question which companies will be slimmed thanks to weight-loss drugs.

  • Emma Koehn and Colin Kruger
CSL chief executive Paul McKenzie.

Our biggest healthcare company says it isn’t scared of Ozempic

CSL has outlined its growth strategy to investors and played down concerns about weight-loss drugs’ impact on some of its key products.

  • Emma Koehn
CSL chief executive Paul McKenzie and chief financial officer, Joy Linton.

‘Every reason to be grumpy’: CSL defends share price to investors

Shareholders have grilled the biotech giant about its long-term strategy as the stock sits close to 10 per cent lower for the year.

  • Emma Koehn
plasma

CSL aims to get better bang for buck from plasma

The ASX heavyweight and the nation’s largest healthcare company is looking to make its operations more efficient to counter inflation and currency woes.

  • Emma Koehn

Original URL: https://www.brisbanetimes.com.au/topic/csl-g9