New Biotech Sector Drug Combinations Target a Drop in Pancreatic Cancer Mortality Rates

USA News Group – English actor, comedian and Monty Python alumnus Eric Idle credits early detection for his victory over pancreatic cancer, known as the world’s deadliest common cancer. “The good news is that we are starting to fight back,” said Idle after creating the Bright Side Fund to support research and help promote early detection. Despite US cancer death rates being down across all age groups, however mortality rates for pancreatic cancers have gone up, so there’s much work to be done. Now there’s developments in the fight against pancreatic cancer coming that are generating huge amounts of optimism from biotech groups such as Oncolytics Biotech Inc. (NASDAQ:ONCY) (TSX:ONC), Roche Holding AG (OTC:RHHBY), Eli Lilly and Company (NYSE:LLY), Bristol-Myers Squibb Company (NYSE:BMY), and BioNTech SE (NASDAQ:BNTX).

One of the most promising new data sets in pancreatic cancer therapies is coming from pelareorep, developed by Oncolytics Biotech Inc.Read more

Value of UK business tax breaks hits record £105bn in past year alone

The value of business tax reliefs in the UK hit £105.3bn in the past year, up from £100.3bn in 2020-21, shows new research shows.

The £105.3bn figure represents the combined cost estimated by HMRC for the 58 significant tax reliefs available to corporates.

However, these represent just a fraction of the hundreds of tax breaks that are available to UK corporates. The value of many of these is deemed to be so low as to be negligible, according to the data by Thomson Reuters.

Making full use of tax breaks will become even more important for UK corporates, which are preparing for an increase in their tax liabilities due to the proposed jump in corporation rate.

The Government announced in the 2021 Spring Statement that the rate of corporation tax would increase from 19 per cent to 25 per cent for businesses with annual profits greater than £50,000 from April … Read more

Roaring Good Week Comes to an End

Markets in Toronto put a ribbon on a week of extremely big gains Friday, as cannabis and tech stocks showed the way.

The TSX Composite rolled into the weekend, gaining 121.15 points, to finish Friday at 20,111.51, for a gain on the week of 661 points, or 3.4%.

The Canadian dollar leaped 0.41 cents to 75.43 cents U.S.

Cannabis concerns led the victory parade, with Canopy Growth taking on 49 cents, or 9.6%, to $5.58, while Tilray progressing 35 cents, or 6.7%, to $5.54.

In tech issues, Converge Technology Solutions advanced 55 cents, or 13.4%, to $4.65, while Lightspeed Commerce added $1.83, or 8.5%, to $23.48.

Energy stocks triumphed, too, as MEG Energy obtained 56 cents, or 2.8%, to $20.63, while Paramount Resources jumped $1.18, or 3.9%, to $31.32.

In utilities, Algonquin Power staggered $2.96, or 19.4%, to $12.33, while Northland Power forfeited $1.46, or 3.6%, to $39.56.

Industrials were … Read more