Heard on the Street: Johnson & Johnson seems to have perfected the art of the biotech deal, but there’s a catch

Partnership strategy has produced great pharma bargains—and left the company exposed.

GSK Says Hepatitis B Drug Cured One Fifth of Patients in Late-Stage Trials

Drug candidate bepirovirsen delivered a functional cure rate for 19% of patients in what the company…

The High-Seas Black Market That Keeps Iran’s Illicit Oil Flowing

The regime has managed to sell billions of dollars in crude to China using a clandestine…

How Long Can Iran Withstand the Economic Pain of the U.S. Blockade?

Tehran is weighing whether it can weather economic hardship long enough to extract more concessions in…

How a Tiny Baltic Nation Is Preparing for Possible War With Russia

In Estonia, battle drills, emergency response and drone training have become routine.

Chinese Dissident Braves 30-Hour Rubber Boat Journey to South Korea

Dong Guangping rode the waves for more than 30 hours in a daring bid to escape…

U.S., Iran Exchange Fire for Second Time in Days

Iran launched a missile toward Kuwait that was intercepted by local forces, following U.S. strikes on…

Mango Heir Says Weak Knees Led to Father’s Fatal Tumble

Jonathan Andic set out his defense after an accusation of involvement in the death of his…

U.S. Says Deal Reached With Kenya on Ebola Quarantine Facility for Americans

The arrangement for the facility, which would have 50 beds, has drawn fierce opposition from Kenyan…

PPHE Hotel Shares Leap on $1.24 Billion Fattal Hotel Takeover Approach

PPHE—which houses the Park Plaza brand and has partnerships with the Radisson Hotel Group—said it plans…