BREAKING Loblaw agrees to sign grocery code of conduct after months of negotiations
Loblaw Cos. Ltd. said Thursday it's ready to sign on to the grocery code of conduct, paving the way for an agreement that's been years in the making.
Moderna said its Chief Commercial Officer Arpa Garay has stepped down from the role and CEO Stephane Bancel will look over sales and marketing, sending the shares of the vaccine maker down 5% on Tuesday.
Garay, who was in the position for less than two years, will remain an employee through June 2024, the company said.
Her exit from the role comes at a time when the company, which is looking to break even in 2026, is ramping up spending on research and development as weak sales of COVID vaccine weigh on stock performance.
The company had last month said it would be able to meet just the lower end of its US$6 billion to $8 billion sales forecast for 2023. In contrast, Pfizer expects annual sales from COVID shot to be about $11.5 billion.
CEO Bancel will now directly oversee the company's efforts to drive sales of the COVID shot and its preparation to roll out the vaccine against respiratory syncytial virus (RSV) next year.
Moderna expects $4 billion in revenue in 2024 from the sale of COVID and RSV vaccines.
The company said president Stephen Hoge will be responsible for its pipeline commercial strategy and medical affairs. This follows the departure of Chief Medical Officer Paul Burton earlier this year.
(Reporting by Sriparna Roy in Bengaluru; Editing by Arun Koyyur)
Loblaw Cos. Ltd. said Thursday it's ready to sign on to the grocery code of conduct, paving the way for an agreement that's been years in the making.
Veteran TSN broadcaster Darren 'Dutch' Dutchyshen, one of Canada’s best-known sports journalists, has died. He was 57. His family says 'he passed as he was surrounded by his closest loved ones.'
To give Canadians a break on their summer road trips, Conservative Leader Pierre Poilievre is calling on Prime Minister Justin Trudeau to suspend all gas and diesel taxes from Victoria Day to Labour Day.
A Montreal father who kidnapped his daughter who has autism and lied to police when they asked where she was should serve three years in prison, a Crown prosecutor said.
Police are alleging that Ontario’s so-called ‘Crypto King’ Aiden Pleterski was soliciting investments as recently as February – almost two years after he was petitioned into bankruptcy for allegedly running a Ponzi scheme worth more than $40 million.
Many Canadians found a message from the Canada Revenue Agency this week as they received their first direct deposit for the Canada Carbon Rebate.
A medical examiner says a Massachusetts teen who participated in a spicy tortilla chip challenge died from ingesting a substance 'with a high capsaicin concentration.'
Auto technology has evolved and many newer cars use wireless key fobs and push-button starters instead of traditional metal keys. But that technology also makes things easier for thieves.
Scientists from the University of Western Australia and Kelpsie Geociences in the U.K. say they were surprised to discover an underwater camera caught video of a rare deep-sea squid.
A Starbucks fan — whose name is Winter — is visiting Canada on a purposeful journey that began with a random idea at one of the coffee chain's stores in Texas.
Members of Piapot First Nation, students from the University of Winnipeg and various other professionals are learning new techniques that will hopefully be used for ground searches of potential unmarked grave sites in the future.
ALS patient Mathew Brown said he’s hopeful for future ALS patients after news this week of research at Western University of a potential cure for ALS.
When Adam Kirschner wrote 'Slap Shot,' he never imagined the song would be embraced by his favourite team.
A team is ready to help an entangled North Atlantic right whale in the Gulf of St. Lawrence.
A $200 reward is being offered by a North Vancouver family for the safe return of their beloved chicken, Snowflake.
Two daughters and a mother were reunited online 40 years later thanks to a DNA kit and a Zoom connection despite living on three separate continents and speaking different languages.
Mother's Day can be a difficult occasion for those who have lost or are estranged from their mom.
YES Theatre Young Company opened its acclaimed kids’ show, One Small Step, at Sudbury Theatre Centre on Saturday.