The deal adds Crinetics' endocrine disease therapies to Vertex's pipeline and is expected to become accretive to adjusted operating income by 2029.
HEALTHCARE & FITNESS
4D Medical Shares Fall Despite Winning Australian TGA Approval
4D Medical received Australian TGA approval for its CT:VQ lung imaging software, enabling immediate commercialisation. Despite the milestone, shares dropped 10.7% as the company also confirmed plans to seek Medicare reimbursement.
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Pfizer Signs $495M China Obesity Drug Deal With Sciwind
Pfizer has agreed to pay up to $495 million to obtain rights in China to an experimental obesity drug developed by Sciwind Biosciences. The deal grants Pfizer development and commercialization rights in mainland China as it expands its metabolic disease portfolio. The agreement comes amid growing global demand for weight-loss treatments and follows recent clinical progress in Pfizer’s obesity drug pipeline.
Apollo Takes Minority Stake in GoodLife Group to Accelerate Expansion
Apollo Global Management has agreed to acquire a minority stake in The GoodLife Group, valuing Canada’s largest fitness club operator at about C$2 billion. Announced on February 2, 2026, the transaction marks GoodLife’s first major outside equity investment. Founder David “Patch” Patchell-Evans will remain chairman and retain control. The investment is expected to support long-term expansion as fitness demand stabilises across Canada, subject to regulatory approvals and customary closing conditions.
FDA Launches PreCheck Program to Expand U.S. Pharmaceutical Production
Walmart CEO John Furner oversees the company’s U.S. business during a period of shifting consumer behavior and operational change. A longtime Walmart executive, Furner began his career as a store manager trainee and rose through leadership roles across operations and merchandising. Now leading Walmart’s largest division, he is responsible for store performance, workforce management and digital integration nationwide. His appointment reflects Walmart’s focus on internal leadership continuity as the Fortune 500 retailer adapts to evolving retail and supply chain challenges.
Paul Ramsay: The Man Who Changed Healthcare in Australia with Ramsay Health Care
Paul Joseph Ramsay began with a single small hospital in Sydney in 1964 and developed Ramsay Health Care to be one of the largest private hospital companies in the world. He was born in Bowral in 1936 in an ordinary family but with grand ambitions to assist people with acquiring better healthcare. Paul, who died worth about three billion dollars, left nearly all his money to the Paul Ramsley Foundation, which now funds education, medical research, and community programs throughout Australia assisting thousands of people annually.
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The Business of Being Well: Inside Steph Claire Smith’s KIC Platform
Steph Claire Smith, a prominent figure in the health and wellness industry, has made significant strides as an entrepreneur, co-founding the highly successful fitness and lifestyle brand, Keep It Cleaner (KIC). This case study explores her entrepreneurial journey, detailing the…
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Padmasree Warrior’s Fable: Revolutionising Mental Wellness Through Reading
Padmasree Warrior, a luminary in the technology sector with an illustrious career spanning more than three decades, embarked on a new venture as the Founder, President, and CEO of Fable, a digital platform focused on mental wellness through curated reading…
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Meghana Pandit: Breaking Barriers in Healthcare Leadership
Meghana Pandit's appointment as the Chief Executive Officer of Oxford University Hospitals (OUH) NHS Foundation Trust in March 2023 marked a historic milestone. Not only did she become the first female CEO of the Trust, but she also emerged as…