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Sanofi to Buy Vaccine Developer Vicebio for Up to $1.6 Billion

Sanofi to Buy Vaccine Developer Vicebio for Up to $1.6 Billion

Sanofi SAN -0.99%decrease; red down pointing triangle said it agreed to buy U.K. vaccine developer Vicebio for up to $1.6 billion, adding vaccine candidates for respiratory syncytial virus and human metapneumovirus to its pipeline.
The French pharmaceutical group said Tuesday that the deal for privately-held Vicebio includes an upfront payment of $1.15 billion and potential payments of up to $450 million subject to achieving certain development and regulatory milestones.
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'Superstar' children in Southend raise more than £12,000 for cancer charity
'Superstar' children in Southend raise more than £12,000 for cancer charity

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'Superstar' children in Southend raise more than £12,000 for cancer charity

YOUNGSTERS in Southend have raised more than £12,000 for a child cancer charity through a fun seafront fundraiser. The Gold Geese Goslings completed a charity fundraiser, with 150 children scooting, cycling or walking a seafront course at the from by Chalkwell Station. Gold Geese provides support for families fighting childhood cancer in south Essex, offering mental health therapy, treats, respite trips, help with hospital transport and food bills, and bereavement support. Go go go - The children set off on the seafront, walking, scooting and cycling. (Image: Kerry Green) Katie Southgate, Gold Geese founder and CEO, said: 'I absolutely loved seeing our gaggle of Goslings whizzing along the sea front and having a brilliant time, while raising so much money for local families facing childhood cancer. 'A special thank you to our Gold families who joined us on the day, our volunteers and to c2c for sponsoring the event, as well as our partners Brakes, PMS, Trophy Factory and Nisa - and to Kerry Green Photography for the fantastic photos. 'The donations raised by these superstar families mean we can be there for every local family fighting childhood cancer – thank you so much.' Fundraising - Gold Geese volunteers helped on the day. (Image: Kerry Green) More than £12,000 was raised from the day of fundraising, which will go directly towards supporting more families in south Essex struggling with childhood cancer. Each participant received a goody bag, Gold Geese t-shirt and medal to celebrate completing the fundraiser. Read more Fundraising appeal closes after raising £920k to improve cancer care in Southend Sister of Southend man who died at 19 from cancer riding 400 miles in memory Husband raises £13,500 for Southend Hospital appeal after wife's cancer diagnosis Well done - Medals awaited the children as they completed the route for charity. (Image: Kerry Green) Volunteers helped put the event together, supervising the children, laying out the route and putting the goody bags together. Hannah, mum to Louie, 1, who is currently living with cancer, said: 'Gold Geese saved me over and over again this past year. 'So many times I felt alone, scared and broken but they were always there. No judgement, no pressure, no stress just understanding and love. 'Whether it was a friendly catch up when I needed it the most, planned events for kids and adults, respite breaks away or food vouchers they continually saved me. 'I honestly don't know how I would have survived the past year without them - I will be forever grateful.' To donate to Gold Geese or learn the signs and symptoms of childhood cancer, visit

US tariff tussles stuff of nightmares for Bordeaux winemakers
US tariff tussles stuff of nightmares for Bordeaux winemakers

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US tariff tussles stuff of nightmares for Bordeaux winemakers

French wine producers, already reeling from a downturn in their market, still do not know how bitter a taste the US tariffs on wine will leave on their palates. In southwestern France, around the Bordeaux region's famed vineyards, months of talk on what US President Donald Trump will decide on tariffs have been the stuff of nightmares for producers as they look on helplessly. The United States is by far the top export market for Bordeaux's wine, accounting for 400 million euros ($470 million) worth of annual sales -- or about 20 percent of the total. China lags behind with 300 million euros ahead of the United Kingdom with 200 million. Sunday's announcement of a trade deal between the United States and the European Union did not clear up what tariffs European wine and spirits producers will face in the United States. While Trump said European exports face 15 percent tariffs across the board, both sides said there would be carve-outs for certain sectors. EU head Ursula Von der Leyen said the bloc still hoped to secure further so-called "zero-for-zero" agreements, notably for alcohol, which she hoped to be "sorted out" in the coming days. Philippe Tapie, chairman of regional traders' union Bordeaux Negoce, which represents more than 90 percent of the wine trade in the Bordeaux area, is worried by the uncertainty. "One day, it is white, the next it is black -- the US administration can change its mind from one day to the next and we have no visibility," he told AFP. In mid-March, Trump had threatened Brussels with 200 percent tariffs on alcohol in response to a proposed EU tax on US bourbon. Then in April he brandished a new threat of 20 percent across the board on EU products, a threat ultimately suspended. Since then, the level first held at ten percent but, in late May, the US leader threatened to revert to 50 percent before pivoting to 30 percent starting August 1st, the deadline for the negotiations with the EU that led to a preliminary accord after Trump and Von der Leyen met in Scotland on Sunday. - In vino, veritas is unpredictability - "At 10 percent or 15 percent, we'll find solutions. At 30 percent, no. End of story," Tapie warned just ahead of the announcement as he criticised a "totally unpredictable American administration". To export wine, "there's a minimum of 30 days by boat. If you go to California, it's 60 days. We can't think in terms of weeks," says Tapie, who says he has "never been confronted with such a situation" in 30 years of business. Twins Bordeaux, one of Bordeaux's leading wine merchants, also laments the tariffs' impact. "The American market represents about a third of our turnover, or around 30 million euros," explains Sebastien Moses, co-director and co-owner of Twins, which usually ships upwards of a million bottles a year to the United States. Since January, "our turnover must have fallen by 50 percent compared to last year," he says. "So far, we've managed to save the situation, because as soon as Donald Trump was elected we anticipated this and sent as much stock as possible to the US," explains Moses, though longer term he says this is not a "stable" strategy. - Fly it out? - As an attempted work around Twins Bordeaux even shipped cases of around 10,000 bottles by air in March. "But only very expensive wines, at no less than 150-200 euros per bottle, because by air it's at least two and a half times the price of shipping by sea," he said. For Bordeaux wine merchant Bouey, the US market represents less than 10 percent of its exports. "We have long since undertaken a geographical expansion. Faced with the global chaos, commercial strategies can no longer be based on a single- or dual-country strategy," Jacques Bouey, its CEO, told AFP in April. The tariffs come with the industry already struggling with declining consumption that has led to overproduction and a collapse in bulk prices. By early 2023, a third of Bordeaux's approximately 5,000 wine growers admitted to being in difficulty. "We're starting to become world champions in terms of accumulating problems," complained Tapie. mer/gf/vmt/cw/gv/tc

Full fibre broadband rollout begins in Woolston to boost speeds
Full fibre broadband rollout begins in Woolston to boost speeds

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Work is now under way on a full fibre broadband network that will transform connectivity. Openreach has begun building the new infrastructure in Woolston, promising gigabit-capable speeds and improved reliability for homes and businesses. The upgrade will enable faster streaming, smoother video calls, and better support for growing data needs across multiple devices. Martin Williams, Openreach partnership director for Hampshire, said: "We're bringing full fibre broadband to Woolston and letting local people know what to expect. Crews use existing ducts to speed up fibre installation process (Image: Openreach)READ MORE: AI phone assistant reduces cataract wait times "This is a major infrastructure upgrade, so there will be more engineering teams, equipment and vans around town, and we're working hard to keep disruption to a minimum." He added that most of the work will use existing ducts and poles to reduce roadworks and avoid installing new street furniture. However, Martin warned that in some areas, new underground ducts, fibre cables, or poles may still be needed to ensure all properties are included in the upgrade.

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