PRESS DIGEST-Financial Times - June 9

AstraZeneca PLC
Nuvalent, Inc. Class A
GlaxoSmithKline plc Sponsored ADR

AstraZeneca PLC

AZN

0.00

Nuvalent, Inc. Class A

NUVL

0.00

GlaxoSmithKline plc Sponsored ADR

GSK

0.00

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines


GSK in talks to buy cancer biotech Nuvalent for more than $9 billion


AstraZeneca advances weight-loss pill to take aim at obesity leaders


Berlin pulls plug on Franco-German fighter jet


UK FCA seeks High Court injunction against Neil Woodford over new online service


Overview


UK pharmaceutical group GSK GSK.L is in talks to buy cancer drugmaker Nuvalent NUVL.O for more than $9 billion.


AstraZeneca AZN.L said participants in a Phase 2 trial shed 11.8% of their weight after 36 weeks on elecoglipron, a daily GLP-1 pill.


Germany has informed France that it wants to withdraw from plans to develop a joint fighter jet, dealing a potentially fatal blow to Europe's largest defense programme.


The UK financial regulator has started legal proceedings against Neil Woodford, alleging the fund manager is providing unauthorised investment advice through W4.0, his new service offering customers access to his investment strategies.