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Shares of Pfizer Inc fell nearly 8% on Monday after an independent data monitoring committee determined the drugmaker's breast cancer treatment was unlikely to meet the main goal of a late-stage study.

The U.S. government on Monday entered into a $628 million contract with drugmaker Emergent BioSolutions to boost manufacturing capacity for a potential COVID-19 vaccine.

Wildlife advocates are pushing drugmakers to curb their use of horseshoe crab blood by switching to a synthetic alternative for safety tests, including those needed before a COVID-19 vaccine can be used for humans.

The new coronavirus is losing its potency and has become much less lethal, a senior Italian doctor said on Sunday.

Democratic Republic of Congo declared a new Ebola epidemic on Monday in the western city of Mbandaka, more than 1,000 km (620 miles) away from an ongoing outbreak of the same deadly virus in the east.

Chinese online gaming firm NetEase plans to raise about $2.6 billion to fund expansion through its secondary listing which began on Monday, a term sheet seen by Reuters showed, marking Hong Kong's largest equity deal so far this year.

The first step for any decision on Chinese telecoms company Huawei is for Britain's National Cyber Security Centre (NCSC) to finish its work on the impact of U.S. sanctions, a spokesman for British Prime Minister Boris Johnson said on Monday.

Momentum is building behind Thailand's push to create its own coronavirus vaccine, with more manpower and resources dedicated to the effort amid hopes it could boost medical tourism.

Abiomed Inc said on Monday the U.S. Food and Drug Administration has granted emergency use authorization for its temporary invasive heart pump to help patients suffering from COVID-19 related right heart failure.

A recycling plant in Tanzania's port city of Dar es Salaam has traded paper for plastic bottles and started making anti-coronavirus face shields that are being snatched up by hospitals and health centres nationwide.

U.S. President Donald Trump's effort to regulate social media companies' content decisions may face an uphill battle from regulators who have previously said they cannot oversee the conduct of internet firms.

Chinese electric vehicle (EV) maker BYD Co Ltd , will supply EV batteries to U.S. automaker Ford Motor Co , a document on the website of the Ministry of Industry and Information Technology showed on Monday.

The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Inc's chief executive said on Monday.

A self-driving robot equipped with cameras and an LED screen greets visitors at the lobby in the headquarters of South Korea's largest mobile operator, checking their temperature, dispensing hand sanitiser and disinfecting the floor.

India has ordered its internet service providers (ISPs) to block file-sharing website WeTransfer at a time when hundreds of millions of people are working from home because of a nationwide lockdown to stop the novel coronavirus.

Drugmakers AstraZeneca Plc and Merck & Co Inc said on Monday their blockbluster cancer drug, Lynparza, has received positive recommendation from the European Medicines Agency (EMA) as a maintenance treatment for a form of pancreatic cancer.

South Korea's Celltrion Inc said on Monday its experimental treatment of COVID-19 demonstrated an up to 100-fold reduction in viral load of the disease in animal testing, saying it aims to start in-human clinical trials in late July.

Here's what you need to know about the coronavirus right now:

A self-driving robot equipped with cameras and an LED screen greets visitors at the lobby in the headquarters of South Korea's largest mobile operator, checking their temperature, dispensing hand sanitiser and disinfecting the floor.

Thailand reported one new coronavirus case on Monday and no new deaths, taking the total number of infections to 3,082, of which 57 were fatalities.