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Catalent lays off over 210 employees in Texas and Maryland, 400 people in Bloomington, Indiana, due to crash in revenue from COVID-19-related products

Canada to buy 15,000 treatment courses of Roche’s Actemra IV tocilizumab injectable to treat adult patients hospitalized with COVID-19; an estimated 429 out of 1,000 patients hospitalized with COVID-19 are eligible for tocilizumab

Analysts on China's zero-Covid policy: Fitch expects Beijing to relax most restrictive measures by 2023, such as citywide lockdowns; Nomura cuts China's Q4 economic growth outlook to 2.4% from 2.8%, citing 'slow, painful and bumpy road to reopening'

Novartis sells its Spanish headquarters in Barcelona, Spain, to the Freo Group as it reduces space for teleworking; Novartis to rent half of the 12,000 square-meter, nine floor building

IRPC, the petrochemical arm of PTT, expects petrochemical prices to rise early in 2023 amid waning impact of COVID-19 pandemic; HDPE hit low point in Q3 2022 at US$421/tonne, PP at US$367/tonne, compared to early 2020 range of US$500-US$900/tonne

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